Crypto PULL-BACK imminent? Asian Bears and More

I feel like I look like I've been doing a lot of degen trading. Alright, so we just clicked the livestream button, guys. So we're ready to start. We have a lot of people waiting for us. Very, very high pressure today. Sorry for the late start, but I think you guys can guess that just before we started, there were... John had to run back. Did you say stop losses or stop losses? I just lowered my stop losses to account for the turbulence. So you're preparing, you're bracing. Yeah, well, I think we're still going to go up, but we went up so fast that there's going to be those little corrections, right? Yeah, yeah. So today, guys, we have a very special livestream today. We're down all the way in the Bitcoin Center in Hong Kong. So we're in Genesis Club. We have my friend John here. And a key question we're going to answer today, right? So on the markets today, we have a lot of fear, right? Like I was messaging this morning. I was on my way down here, and people were like, oh man, the Asian bears are beating us, right? So, you know, we're in Asia right now. We're in the Asian time zone. Asia has fully woken up, and we did see some, you know, sales. But I wouldn't actually argue. We're going to talk about this today a little bit. Because, I mean, John has insight into exposure in Asia here. We're in the Bitcoin Center. He knows the volume that's coming in. He knows the new number of registrations coming in. And we'll give you some insight onto the whole Asian scene. We'll talk about some fears, concerns, some expectations as well. I think, you know, I think it's going to be an exciting episode. Yeah, for sure. We got smiles. I mean, sometimes, you know, like, if I want to see if Asia is bearish or bullish, I always come down here and I'll just try to see how tired either John is or Charles upstairs is. Like, if they got, like, an immense amount of crow's feet under your eyes, I'm just seeing you. John, you look okay. You look okay. You're still okay. Well, since we've been winning, right? It's when the losses come in. That's when the crow's feet take place. Winner, winner, chicken, dinner, guys. So, I think John has also been a bit aggressive. Yeah, yeah. We'll talk about everything here. So, guys, uh... Edison Lau says, Is it finally Chinese New Year? Been waiting since 2017. In fact... It's the year of the bull. The year of the bull, guys. The year of the bull, guys. The year of the bull, coming soon. Yeah, I think, February. Yeah, yeah. It's coming soon. It's right around the corner. And also, like, just before we started here, it's kind of funny. I think there were people who were talking to everyone here, like, the team's pretty big here, right? And everyone's like, oh, family's getting involved. And, like, they want... They're looking, you know, like, they're looking to buy a 10k, 20k Bitcoin. It's like, it's not even possible. Have a nice life. So, anyways, fire, sale, or blood on the way. What's with the Asian bear? So, we got a lot of people looking for answers to questions. Do tell me, guys, if the stream is okay today. I'm using a new stream set up as well. So, if you, like, tell me if the volume's okay. Tell me if it's a lot of static. We tried to cut down the static. But you'll always hear some voices in the background because this is still an open space. This is just a little bit of show. Do you want to tell people what Jenna's just blocking this? So, we're a Bitcoin trading center. We educate. We have a community. And then you can buy and sell Bitcoin here. And we also have CoinHere, which is Asia's largest Bitcoin ATM operator. That's pretty good. Get some ATMs. A lot of people are getting, like, asking me, like, how do you get it into crypto, right? I'm, like, always, like, if you really want, like, just some exposure at the start, like, just go to an ATM. Yeah. It's the easiest way because, you know, if you want an exchange, you have to do KYC. That could take a couple of days. And if you just want, like, hey, let me throw, like, 500 or 1,000 USD into, like, Bitcoin and just see what happens. ATMs are the easiest way to get in. All right. So, let's start on the market. I think everyone's eager to hear what's happening. So, we got Eve going a little bit crazy this morning. So, it's kind of funny. All right. So, let me just, like, very quickly go to this view over here. Johnny can see my screen. So, that should be. So, we zoomed out at first, right? So, this is, like, we're looking at, in fact, let me zoom out a little bit more. So, this is, like, between 2017 and now. Like, this was a view that I was looking at yesterday because Eve has really gotten parabolic. If you see the price of Ethereum, it has just shot off like crazy. But this morning, it's kind of funny because John was also complaining that even though Eve is performing like this, he feels it's underperforming. Can you explain it? Bitcoin's at all-time high, right? So, Eve should at least be, I mean, every day it's like, oh, Bitcoin, new all-time high. We have this sign up front. It was like, Bitcoin hit its new all-time high for 20K. Then we had to change the sign to, like, 30K. Then we changed it to 35K. Now we're just like, okay, like, we can't keep up. It's just every day is a new all-time high, right? And with Eve, it's like, it's not even at its previous all-time high. So I'm just like, yeah, Eve is doing well, but come on, where's my 1500 Eve, right? So there's a lot of expectations riding on the market. So you definitely, so are you still bullish? Like today, even though there was a slight correction, I would say like, like if you zoom out, right, you can barely see the correction. I think that's the kind of key here, right? It did go parabolic. I mean, if you zoom out at this view, like you're like, oh, we're still on the rocket ship. But are you bearish, bullish? What's your stance right now? Well, I mean, I think the real kind of perspective is like, okay, do the whales who have had like thousands of Bitcoin selling outweigh the new money coming in? And right now, just from like the action I've seen with like affluent individuals who previously would have been like, no, Bitcoin's a scam. And be like, hey, what about this Bitcoin stuff? You know what I mean? And I think that there's still enough new money to outweigh the whales who have thousands and thousands of Bitcoin, right? I think, to be honest, I still feel like we're at the beginning of this full run, right? And especially with JP Morgan saying their new prediction, like, I think beginning of December, they were like, oh, yeah, yeah, like 50k, we expect now. They came up with a new paper. They're like, oh, yeah, we expect 148k now because they took into consideration stock to flow ratio, right? I think it's also it's like stock to flow ratio. I love people shoving in these models. Like when it fits them, like when the data supports a model, like that's the stuff like six months ago, they're like, no, no, no, this is this one. No, no, that's the wrong model. Let's go for it. We're like, we got stock to flow. It's good. It's going to stock over drive. Okay. So on that as well, I feel like I'm insanely bullish still in the long term. I think like everyone who asked me this, right? Everyone who asked me this, like, is it over? Is it done? I'm insanely bullish, especially like, like I was like preparing a video for what is Ethereum, right? And I feel like we haven't even started even getting to the like power of what this can do right now. Right. I mean, last year we saw like the whole decentralized finance take off, like literally a programmer can like just think of, oh, I want to do this type of smart contract and boom, he's traded a bank. I think it's like, I mean, JPMorgan should be worried. I mean, their entire business model can be created by a guy sitting like at home, you know, it's a steep I cave. Don't think of idea. Boom. We create this bank, like a lending platform exchange. Like we got like derivatives. We got prediction markets. We got everything. So I feel like we're at the start of that. There's still a lot of bugs on the way there, but I feel like it's fine. Also, I think in terms of whales versus bears, I mean, okay. Okay. So everyone's afraid of the Asian banner. Right. So that's the title of today's video as well. So Asian, Asia was not very bullish for the last, I think half a year. Right. I feel like every time, like, cause we're in the Asian time. So, so me and John were in the Asian time zone right now. So right now it's 11 AM for us. So it's bright and early in the morning. I, I'll go close doing like a beer session today, but I was like, no, it's 11 AM. We're still too early. Right. But so we're in the Asian time zone, right? So every time we wake up, generally speaking, the market's down. Right. So I wake up to like a bunch of breadcrumbs. Like that's generally the case for the last six months consistently, like 6, 7 AM. There's like this massive dump. And then when the U S wakes up at like 6, 7 PM, there's this pump, right? Like maybe dump daily pump. Yeah. This is why we don't get sleep properly. Like at night, like typically speaking, the later we are, the better we trade. Yeah. Because like when it's like 2 AM, 3 AM here, like the markets are like full moon. Cause then New York is awake, London's awake and like, they're the bulls, right? Yeah. The bulls are here, but I do see like a shift in momentum almost though. Like in the last few, I think like few, three, three, four weeks, the shift is coming. So you kind of see like there were very strong bears at the start. You can also see that Asia's coming back in as well. I feel like like for the last weeks, I'm not sure if you noticed, like it's like a lot of times you, you don't see the dump anymore. Right. You can see that kind of trend reversing. And I see a lot of news coming out of China as well. China's becoming such a dominant factor too in this case. So I'm almost going to say, you know, like towards maybe like the year of the bulls coming in, but I see, I can definitely see that point. You know, before it was like bearish, bearish, bearish, and then you can see, oh, maybe neutral, maybe neutral. And then I'm actually going to say, you know, very soon that we might actually on, on the Asian side, at least flip to a positive, to a bullish. I might say Asian, it might be Asian bulls. I mean, with all this new money coming in, I definitely think it's possible, especially even if you take any consideration, all like the bears who probably want to dump their like, you know, 10,000 Bitcoin that they bought at like 1000 to like $10,000. Like even with that taken into consideration, there is so much new money that I think we can outweigh the bears. Yeah. And how about like registration side? Like, I mean, people coming out. So let me explain this. So this is a big metric I use as well. I always ask this guy, okay, what's the insider news on how many people are registering at the Bitcoin? Cause like, that's a good indicator of how much interest there are, right? If there's more people registering, doing their KYC, transferring money. And that's the key, right? If they do KYC, it's, it's a lengthy process. It's, it shows commitment. So how's that status right now? The past three months have been all time highs for GD. Yeah. All time. Every month is a new all time high. So we just keep getting more and more and more. We keep raising the bar as far as what the next month target is. So I think, and we've actually cut down on marketing spend. Cause we're like, we don't really need to do much marketing. Cause like we can barely handle like the influx of new like clients anyways. So I think, yeah, very, very bullish. And also like, um, new center is welcoming soon. Yeah. Yeah. So, uh, next month we'll have a new Bitcoin center in, uh, TST. That'll be our flagship. So it'll be a nice bar kind of like, uh, So I could drive down there now. It'll be like, yo, what's up John. Are you going to be there? Are you going to be there? So I think it'll be mostly, um, just kind of frontline staff. Uh, more like people doing OTC trades and ATMs, but it'll be a very, very nice space. Um, a little bit smaller than this space, but like the, the, the deco is very nice. Um, and I think, uh, yeah, we might do a couple of events and stuff like that. Nice. So I'm very excited. I mean, it sits right off of Nathan wrote to it. It's, it's pretty, uh, pretty prime location. Yeah. And I think like now, like the markets are actually moving up. Like we saw, like, let me, let me just, um, I definitely see like, you know, like John's so bullish here. I think definitely. I see, I think like the, the, I think Asian bears is becoming more of a myth now. I think like with your, that we've got a lot of data coming in, right? Cause I know that the opening hours are extended here because there's more new customers. And they're on Saturdays now too. Exactly. Like they open on Saturdays, you're opening up news places. So like that's more people coming in, right? That's a handle that new volume. So that is a big indicator that I feel like, like I'm trying to, I'm trying my hardest here to, to tell you guys, because this is really what's happening. And I think like there's a myth that Asians are dumping. And I see like, we, we saw the, the trend, right? As well that, um, let me just switch back to the, the view for Eve. So yeah. So the, the, the wild ride is not so crazy. I'm so not used to using this. I mean, it's still like the trajectory definitely still up. Yes, exactly. So let me, let me just zoom in. I, I really, I'm really bad at using a track pad. I'm usually not. I'd like to see all that, that green there. Yeah. We got a big green handle right now. So we, so, so I, are you, are you a little bit regretting not buying just now? Well, I did. I did. I just lowered my stop loss to account for like any sort of fluctuations. I'm committed to this position. I committed, you committed too long. I mean, so every day it's like, I open up a new, like a new, like a new, like a new, like a new, like a new position. It's like, I opened up a new, like long position. Then like I wake up, I'm in the green cash out and then I FOMO into a new position. Not financial buy scares. Don't do what I do. Don't do what I do. I'm a DGN creator. I think like since we last talk, I mean, for John's, when did you enter the space again? About a year ago. So you had a perfect timing. Perfect, perfect timing. Yeah. Yeah. I heard about Bitcoin back in 2011 when there was all that kind of like, you know, stuff going on. But I, yeah, I mean, realistically, like, you know, last year, when I tried to do an ICO in 2017, but the difference between like those three like times is so stark that it's like, it's a completely different market. Yes. Yes, absolutely. And I think like that's, that's the crazy part about this market right now. We're seeing crypto trend on new leaf. We're definitely seeing a lot of euphoria right now in the market. So it almost reminds me of 2017, but there's some like stark differences. So I think I just want to answer a few things. I mean, I just want to just put the entire market up here right now. Well, and also I think the biggest deal is that we are finally a trillion dollar market. Yes. And so really, the dollars still above trillion dollars. Like that's the biggest kind of benchmark for me because it's like, okay, when we're just a couple hundred billion, like that's still a lot of money, but compared to like stock exchanges, it's nothing. Right. But now that we're a trillion, it's like, yeah, like that's, you've got to take it seriously now. For sure. For sure. And we see like Bitcoin, it's a 37K. I'm still, so surprised. I'm still like it's, it's been a very crazy ride. Eve. So I'm talking about Bitcoin versus Eve. So I think this is a good topic here because I mean, you were complaining that. Well, I mean, like the biggest thing for me is that if you look at Google Trends, right? Like Bitcoin still isn't at the same search volume as it was in 2017, but it's still much higher all time high wise. Right. Let me bring this up here. Let me bring this up. So this is where, you know, if we're newscasters, it'll be a little bit easier, but, you know, we've got to manually type this stuff in. All right, guys. So let's just make sure this is on the screen. So this is the, okay. So let's do search trends for Bitcoin. So look at the past five years. Okay. Worldwide past five years. Okay. We've got to do it manually. You've got to do it manually here. So, all right. So, relax, relax, relax, relax. All right. So, so I mean, 2017, we had insane retail interest. I mean, everyone's searching Bitcoin. It's become so dominant. We're seeing that now, right? We see that explosive energy and growth. We still have 40% to go, right? We still have 40% to go. So this is predicted. So, you know, we're almost at, we're 60% off 2017, which is crazy, right? If you actually think about it, like, we should go higher, right? We should go higher. But I want to say like that rise is crazy, right? Because in 2017, it took a while, right? I think this is something that's also very different about 2017 where, where it took a while. It's like, oh, it's trying to peak, you know, early in May. This was when like really the channel, like my channel took off. So I have a very vivid memory of this. I'm like, oh my God, that's crazy. And then we had like these dumps, right? These dumps throughout the year. There were times when I, I called Ivan Tech, we're like, oh, shit, what are we going to do? Right? We're like, we're doing this YouTube stuff. You know, is it going to last? Is it going to, is it feasible? And we're all worried. And then boom, right? It's rocket ship, right? But this year, I feel like it's a little bit different. Like if this, this, this whole category from 2019 to 2020, it all really feels like background noise, right? It's like, it's very similar. And then we kind of just have this rocket ship up, which is very, very interesting. Like all of a sudden, like, I feel like people who know what Bitcoin is, they, they just like, you know, explosively grew there. So I didn't want to cut you off, but yeah. But, but okay. So now look at Ethereum, right? All right. All right. Let's go for Ethereum. Do you want me to compare Ethereum? Let's compare Ethereum. Actually, yeah, that'd be a good comparison. Then we should look at it just alone, but. All right. Yeah. Okay. So, so Bitcoin's definitely trending a lot more, but if you remove Bitcoin from like the search terms and you look at like just ETH alone. Yep. All right. Let me see if there's a, there's a way to remove it or do I do I just click the little three bars. All right. Little three bars. Remove. All right. Let's remove Bitcoin right now. And you can see for Ethereum. But look at that, right? Oh, wow. So I mean, that's why I'm just baffled. Why isn't the price of ETH reflected in like the search volume? Well, where is the search coming from? Right? Kosovo, Macedonia, Sylvania, China, China, number one. That's, that's so weird. China doesn't use Google at all. Right? But Singapore, I think like, I think like this data may, may or may not be like, okay. Okay. Let's, let's, let's, let's, let's, let's lock it down on let's let's for country specific ones. Right? Let's see Hong Kong. Let's see. Let's see. Let's see what Hong Kong is at. Let's see if Hong Kong has the same trend or, or not. So, so we're not, that seems a little bit more realistic. That makes sense. All right. USA, United States. Let's see you, the USA. And we'll check that. Oh, USA is very strong though. Let's see. Look at that. Look at that. That explosive broke is very strong. And then we have, let's see UK, United Kingdom. You, if I can spell practically here. That's interesting. So, so we're, we're almost at the peak levels. We've seen in 2017, there's a search for a volume for Ethereum. This really means I need to make some more Ethereum videos. Like what is Ethereum guys? You know, a lot of, there's a lot of new volume coming in. I was like thinking of the best way to describe Ethereum because it's so complicated. You know, like it's a whole, well, it's kind of like, like you can do so much with it. Right. It's, it is so challenging to try and describe it. Simply put. All right. So Fred, he has a good question. Cause like, we're looking at this search volume because like, so the argument here is that because the search volume for Ethereum is strong, you're expecting Ethereum to really outperform. Right. To really go like eight shit bananas, like be above the previous all time high at least. Right. Exactly. Above the previous all time high. From my side, I, I have a different argument here. So, um, I'll kind of argue why ETH really shut up to really, really crazy insane levels back in 2017. And that was because of the ICO thing. Right. Like if you think about how ICOs, um, came about, like during, during this time, there were billions of dollars. Let me just make sure that the view is correct. Um, this rise is this parabolic rise, um, in 2017 was largely caused by the ICO. Okay. So a lot of ICOs back in the day, they raised with Ethereum rather than like currently a lot of times when you do fundraisers, people raise on USDC or USDT, they raise on stables right now. So that's where the stable coin market's growing. But back in 2017, people always raised in ETH. Right. So that was like, uh, at that time there were billions of dollars per month being raised in ICOs. That was the statistics, right? The ICO game was like crazy. Right. So that time there was a huge demand for ETH because that was the only currency that you could participate in ICOs with. Right. So kind of the ICO market kind of really died, um, in 2018. And now the game, the gameplay has also changed. So it's, um, using a different currency. So I feel like, um, this time this growth is much more organic. I feel like last time it was just because of the euphoria of the ICO rushes pushing behind Ethereum. But, um, it was something that people didn't want to admit, but it was, it was true. Like all the ETH people, like all the ETH believers did not want to admit that the ICO market was the one that was driving price movements. Right. But it was like billions of dollars. People needed to buy billions of dollars in order to get into ICOs. But now I feel like the growth is a lot more organic. That's why, um, in many ways, because the ICO game hasn't really fully returned. And also because new ICOs are in USDT, there's no, there's no insane need for Ethereum. But I think like the UniSwap and like the DEXs, right? They all run on Ethereum, which is a better use case than ICOs. Correct. Right. Exactly. So I feel like this year, um, ETH is growing a lot more healthily. Hmm. I think it's not relying on just like one use case. Like the, the, the ICO use case, but it's relying on, okay, look, now we got, uh, yield farms. Now we got lending platforms. Now we got, oh, what is the crazy thing? Algorithmic stable coins. We'll talk a little bit about that in a sec as well. But I feel like it's a lot, uh, more healthy. So I feel like this is why I'm a lot more confident in ETH this year rather than 2017, because like 2017, it was like, it was very, very much driven by one sector. It's like, it's like almost like your economy, right? If your economy like Hong Kong just relies on finance, right? It's like, what if the financial industry collapse? Oh, GG, right? We're all out of jobs. And, um, you can't just rely on one sector. And I feel like Ethereum this year, um, it's demonstrated that there's more, um, of an ecosystem to grow. Mm. And I think that's a big positive. So I feel like even though, yes, uh, we're not hitting those all time fights yet for Ethereum, but I think the, the key here is like, if it does hit beyond, you know, 2017 levels. Um, so 2017, we, we hit what? 1,400. Um, and yeah, 1,400. Like, let's just, let's just call it that. But if we break that, holy shit, I think this is going to be insane. I think I'm so excited for that. Like, if that's the case, like, just think of what's going to happen in DeFi space. Just think of what's going to happen in it. Well, I mean, there's predictions out there that some people are like, oh, ETH will hit 10k this run. Some people are like really, really bullish to like, yo, ETH is going to be 50k this run. I mean, if ETH is 50k, Bitcoin has to be like, what, half a mil? Something like that. Like, I mean. That's going to be insane. I think, I think the, all right, I'll put the devil's advocate here. So being as bullish as I am, I do think that there are China, big, big China holdings of ETH, which is a big problem. So I think I'm, I'm playing the devil's advocate. Like, if ETH was to dump, it will be, I think largely because of profit taking from the big holders. ETH is not as well distributed as Bitcoin. I think that's the, something that's very important to point out as well, that, or ETH, it had an ICO, right? And there were very, very big holders of Ethereum. So like, a lot of my friends, I pay attention to Fanbushi, right? Fanbushi is rumored to have around 1 million. Right? So like, what if these wallets start moving? What if like, what if they want to take profits, right? If you guys don't know what Fanbushi is, Fanbushi Capital is a VC firm based in China. It's run by Sembo and friends. And Vitalik is, was one of their advisors. I mean, he's an advisor right now, but he was a partner before. So the story goes, like, if you look at the history of Ethereum, is that ETH raised a lot of money from China. Right? So these guys, like these guys are all good friends and they kind of like, they basically took Vitalik when he was fundraising and they just paraded him around in China. So there's like a huge amount, they obviously hold a lot. I mean, also consensus holds a lot. I mean, Joe Lubin, he holds a lot. But also like the Chinese hold a lot because they paraded, they literally like got a car, strapped Vitalik there and just drove him around the country. Like, just like, yo, this is Vitalik. Check him out. He's super smart. Talk to him. He's like a genius. Buy Ethereum. So there's a lot of holders. So that's one of the threats I would say, like, if there's any flood or fear of like real Chinese whales, I feel like that's the case. But recently I feel like, you know, this is definitely not news. I think this is definitely like the rumors, rumoring is that Banbufi is moving very aggressively into DeFi as well. So I feel like, I don't feel like the big whales are going to take profit immediately, but that's always going to be the risk there where, you know, they do a lot of people. You know, they hold a lot. The Chinese hold a lot. So that's, that's my, my two cents on that. If there's any risk, that's what they're saying. All right. So looking at the comments, who let the unicorns out? Well, if you buy a BTC right now, you will be rich. It's kind of funny, right? You know, looking at, looking at the market right now, it's like, think about it. If you buy Bitcoin and it goes up by 4%, you've outperformed every month. Yeah. In America, right? That means, that's it. Like six months ago, I was like, when Bitcoin was like under 10K, I was trying to convince people, like, yo, you guys should get some Bitcoin. I got some Bitcoin, it's doing all right. They're like, no, it's a scam. It's going to go down. I'll wait for it to go down again. And then even at 18K, I was like, it's about to break all time. And I was like, no, no, no, no, no. It's going to go down. And now it's like 40K. They're like, oh, it's going to go down. They're like, John, you're trying to harm me, right? You're showing me your bags and you want to dump on my face. You know, like, if I go to the Genesis block and I buy the Bitcoin, it'll be John's Bitcoin. And now I don't even chill anymore. I'm like, well, if you're interested in Bitcoin, just look at the charts. It's for itself. Well, dude, like now it's like I have to actively tell people I'm too busy to answer the question. Yeah, right. Like I got a lot of friends, like personal friends of mine. Right. You know, like, yeah, they get to get the same story. Like six months ago, I was telling them about Bitcoin. They're like, you're a joker. What a loser, right? Sucks to be you. And then they don't want to listen to me. They don't want to buy Bitcoin at that level. They're like, oh, it's up like 40%. You're just dumping your bags at me. But now it's like everyone's messaging me now. Like everyone's like, how did I get it? How do I buy? What's the recommended way to buy? Like how do I get this? I'm like, well, you know, a little bit late, but you know, but speaking of that, there are people who did buy. I mean, obviously you got in, like very aggressively, obviously you can tell by John's enthusiasm. He's like, he's making bank obviously. And the crazy part is like, if you put this in perspective, right? If you look at the average fund in, you know, I've been doing a lot of comparisons, right? Like they're like index funds or I need these privately managed funds. And they're saying, they're arguing that a lot of these privately managed funds, they don't perform very well. Right. They perform maybe 4% per year, maybe sometimes five. But like in crypto, you're getting like a hundred percent gains. You outperformed everyone. So I think we definitely, it's like that thing where everyone's like, what's the next 100x? And like, you think that people are kidding, but like, no, actually I've gotten a hundred X returns before and I'm trying to find the next. Exactly. It's like crypto is like definitely, it's a, it's a, it's a very exciting place to be. I think definitely like, you know, how many 10x's do we have? Right. I mean, a multitude. I mean, right now I feel like 10x is like, oh, you did okay. Yeah. How many 50x's do you have? Exactly. Exactly. I think like, it's insane. I mean, there's always a lot of risk. I think, I think that's kind of the way crypto works as well. I've definitely turned you into the degenerate. I've been, but before, you know, I've like lost a bunch of ETH and some things you just got to like bank on basically having better, more good trades than bad trades. Right. I mean, I think everyone's kind of like had those trades too, where you like get in a position and then there's like one of those massive corrections, it hits your stop loss and you're like, oh crap, that was more money than I wanted to lose. Yes. Yes. I think, I think it's absolutely a case where like crypto is definitely very, very high risk. But if you're kind of like, that's where like, this is where you have to manage your emotions. I feel like, like, I think for the past few days, I've definitely felt very euphoric. And, um, I've, I've got like, I forced myself to just get that euphoria out of the way. That's why I'm very troll. Like nowadays, if you follow my Twitter, I'm very, like, I, I troll people a lot. Like, like, like I put these comments out just to, just to stir, stir people's emotions. Right. But like, that's kind of like me getting rid of my kind of energy. Right. Like if I'm super euphoric, I was just gonna buy everything. Right. Like, I'm just like, you know, like people are like, oh box, what do you buy? Everything. Right. And just like, take every, be a dollar, buy everything. Right. Because like, that's right now, it's not a bad investment strategy. Anytime someone mentioned something like that, I'll throw a little bit of money. I'll throw a little bit of money. Also not financial bias. Not financial bias. Not talking to you guys. I've been rekt, you could get rekt like. But, but, but it's true. It, that is also true. Like I think getting used to being rekt is also very true. And, um. It's good though. It makes, it builds thicker skin. Yeah. And if you can survive these like massive, like short term losses, it'll make you a better trader in the long run. Yes. And it'll set you up for success. Right. Cause it, then you, you'd be like, okay, yeah, that was a big hit, but like, I'm going to recover. I'm going to have trades that like way outperform this like, shitty trade. Right. Yeah. Yeah. So looking at the chance as well, we got, uh, Landro says, ETH will start trading on CME Chicago tomorrow. That's interesting. Uh, what's your take on that? I mean, I think the more places you can acquire Bitcoin, Ethereum, cryptos in general, like DBS doing their own exchange as well. Like these are all really good things cause it provides like more on wraps in crypto, right? More fresh money. And that's what we need. Yeah. Because I think once the market, I mean, we're a trillion dollar market, right? It's harder to dump the way you could dump back in 2017. Right. And I think that the more money we get into the market, the harder it's going to be to have these like, you know, massive. Is it though? Is it though? I mean, I'll be a little bit, I'm holding myself back a little bit just because I feel like because these whales have been holding on for such a long time. I think like if Bambushi does want to dump, like it would obliterate the market still. I feel like there's still that risk. Like, I feel like we still need to take like four or five years for the coins to be more distributed. I mean, I'm not saying it's going to happen tomorrow, but I think that like back in like 2017, like BitMEX, right? There was like that, that was kind of like one of the driving factors behind the massive dump that happened. Right. And I think that like, because there's so many different like exchanges, there's so many different ways that you can acquire Bitcoin now and Ethereum, there's not going to be a single point of failure to where it's like, you know, if you have all these like per positions on BitMEX that start crashing and it just sets off this chain effect where it just can't like catch back up. I think like diversity of like on ramps, off ramps definitely makes the market stronger and like, like more sustainable in the long term. I mean, I think it's undeniable now that like Bitcoin's here to stay, cryptos are here to stay like. Yeah. And I think like, so there's comments, I saw a few comments just now on the chat just now. So, CME, right? So the way that works is I really feel like CME is a good way to indicate institutional interest. But if you look at the volumes, right? If you look at the rep this markets and the volumes that's going on in the space, I think what's something that you'll notice is that CME is such a small player in the pay space. Like if you look at the markets, you go to markets here, you look at futures, all right, you scroll down and you're like, oh, where's CME? Let's scroll down. All right, back this here. And then the CME Bitcoin futures is here. It's all the way down the list, right? So yeah, that's right. So it's all the way down on the list. The volume is not as crazy as say for, actually, let me, let me actually rank this. Is this, is it? Okay. It's right. Just that way it's displayed is weird. Something that you'll notice is that the crypto exchanges hold a huge amount of volume. And this volume kind of dominates a lot more in terms of the actual trade volume. And this is why people who look at CME futures, they kind of like, I feel like they're, I think it's an indicator of institutional interest, but it's not a mover. So people who are talking about CME gap, I think it's a good theory, but I don't think that volume kind of justifies. Like the volume in crypto is insane, right? I think especially with these derivative exchanges, we know that they're making bank right now. It's pretty much the case where you see these huge spikes too. Like if you look at the volume on CoinGecko for Bitcoin and spot trading, I think we hit like a trillion dollars at one point recently. Let me just check that out. A trillion dollars. Yeah. There was like a spike to a trillion dollars, like the trading volume, 24-hour trading volume. All right. So Binance, we're at what? This is $5 billion for a B2, Coinbase Pro 2. Wait, wait. Look at macro volume. That looks like a one. What? Old bank? Come on. Come on. Come on. Hit B2. I think you can only trust the top three to be honest here. But anyways, so you're saying that there's an added total of one thing. So you know how when you look at the chart on CoinGecko, right? And it shows you the volume at the bottom. There's like these random spikes of like a trillion dollars for like an hour or something like that. I mean... There's a lot more volume. I think this is where experience comes in. Like you kind of have to match the... It's hard, right? Because like there is real volume in crypto. I think this is where it's like there's a combination of real volume and fake volume with this data. I think it's very clear like the way when I started like LBank, ha ha ha. Do you really think anyone's going to believe you're number four in terms of trading volume? No. But I think like there is a lot of exchanges that do have legit data, but some exchanges fake it, right? This is where in crypto, it's very... A common strategy is to fake it till you make it, unfortunately. Yeah. So I feel like in this case, there's a lot of real volume. And I think like... I still think that the real volume for derivatives is more on the crypto side than on CME side. So I feel like that's the one of the key drivers here. Although I'm a little bit surprised that, you know, people are still doing fake volumes. I haven't looked at the fake volumes for a while, but it's still a big problem that can plague what's happening here. So anyways, let's catch up on the comments on live stream. Do we want to talk about anything? Today is like very much freestyle for us here. So Joseph says, how do you feel about XRP right now? Did you get into XRP game? I don't know. It just never made sense to me, right? At a dollar, a hundred billion supply, doesn't that mean it's like a couple trillion dollar market cap or something like that? It just never made sense to me. Like I think it's... I don't know. I don't know. I think the SEC thing scared people for a while and then now people realize, okay, who cares? XRP has been such a big debate. I mean, the mirror came out and they backed them, right? They're like, yo, we don't believe that you're security, like all this kind of stuff. So I think that definitely helped as well. So we'll have to see how it goes. I mean, it can drag on for years, but the trading time window is weeks, right? Or days or hours, if you want to say it. So I think we're going to see volatility. I kind of ended my grudges. So like Tron and Ripple were the two coins that I didn't, you know, I didn't think that they were going to be very legit. But I kind of realized that Ripple has its own kind of religion of its own. Like I feel like Ripple, Tron, Cardano are very much, even Bitcoin, I would say, it's very much a religion coin where like you have to be a believer. Link too, the Link army is crazy. Yes, Link as well. Link is like a believer. Like these ones, you gotta have some certain faith, right? Like you're great. They're cult tokens. They're cult tokens. You're like part of a cult now. Yeah. So this is when I was like, I'm not sure if you guys were saw my kind of mini troll tweet. This is when I, like I was like saying, you know, like, what was it? It was, if you think of the cults, right? Cardano is Japanese cult. Yeah. Link is the Russian cult. Yeah. Polkadot is the China cult right now. For now. For now. We have, what was it? XRP is probably the US cult. Yeah. So like, they think it's a battle of cults right now, right? Like which cult coin is going to be the worst? I'm sorry guys, I'm like, I'm such a troll. But this is like the new Olympics. We don't have the real Olympics, but we have the crypto Olympics. Go China or go Russia. Here you go. You know. Dr. Jem said, 12th says, I'm in the OMG cult. Awesome, man. If you want to check out, also, because we're in Genesis block right now, there will be future updates with what's happening with OMG as well. So if you guys are very interested, we're preparing some more content for OMG's side. There's actually a lot going on in the background. A lot of stuff I'm not supposed to tell people, but you know, a lot is going on. Yeah, we have some like a couple of like small short-term wins. And then I think long-term there's some pretty cool stuff happening. Super long, super cool, super cool. So stay tuned if you guys are holding OMG. So recently, if you guys don't know, Genesis block Ventures acquired OMG. So now like a lot of stuff is going on in the background. That's why we're all very involved here. And also there's a lot of like red tape on what we can say and stuff, but stay tuned. We're preparing something for official. We've got Clement coming in soon. I think Clement hasn't had any sleep for a while. Yeah, I mean, I think it's like one of those things where like no one's sleeping anymore. No one's showering anymore. It's like, alright, how much time can I spend on my computer? Yeah, definitely. John has not showered for a while. Alright, so thank you a lot of guys for talking about that. I think I had a few questions about Polkadot as well. I think Polkadot this year is going to be super huge. I think that call is growing to a phenomenal level, especially, you know, Chinese people are super hot on Polkadot. You know, a lot of people think Chinese, like I said, like people think Asian bears, right? Like, where do you think Polkadot came from? Right? No one's like no one in the West really heard about Polkadot until like the Chinese just like propped it up. Right? It just came out of nowhere. So Polkadot basically had the exact same strategy as Ethereum. They raised. So now right now Polkadot is number seven cryptocurrency in the world. There's a lot of money raised in China. Basically, all the Chinese funds are in it. And then they kind of like paraded like, again, like Gavin Wood. He's like, he's like, more trip. That's a hero. Like he's he's like a people love him. And like, like you put a picture of Gavin Wood, like people will get like super hard in China. So I think like, and mostly I like short term, I'm bullish on Polkadot, but long term, I don't know. Polkadot ecosystem too, man. So so obviously Polkadot came out of the blue. I mean, the circulating supply is still relatively low. Look at that. So it's still only like a 10% of the supply being circulated, which is one of the risks, I would say. But as an early project in terms of hype, I think the China fever can really pick up here. But that's always also risky whenever times there's like a fever or something. That's always a lot of risk as well. But I think generally speaking, a lot of like actual Polkadot outside, especially like, like new projects. Yeah, I think jumping on Polkadot is. I mean, all the doc contracts right now are probably going to be for me personally. That's what I'll probably jump on that bank wagon. I mean, I don't know how long I'll hold it, but like, it seems like that's all the end is. Yeah. Yeah. And I think, I think in terms of the tech there, like Polkadot is actually quite strong in the sense that they've, they've actually got something substantial behind them. Like, I think like in terms of the, if they're the way that they think, I think it's kind of cool where everyone can make their own blockchain. So that kind of resolves the kind of congestion, anything that we're facing on Ethereum. Yeah. So that's kind of key. So like the ability for every project to make their own chain using substrate and then linking those chains together, like cross chain interoperability. I think they're tackling a few good problems here. So I feel like that's, that's the strength, right? So if you look at all the China pump coins, I mean, the China pump coins are Polkadot, Filecoin. We also have EOS, EOS was so popular in China for a while, but the problem is EOS got like kind of docs to help. So I mean, DDOS to help. So that was kind of crazy. So see how you feel about Chainlink. I think Chainlink, yet again, it's a very popular point. So it's like, it's got super great tech there. I feel like I'm a little, I'm a little bit afraid of the whales in Chainlink. That's if there was a concern, I'll be concerned about it, but it seems like Chainlink's almost at an unstoppable state right now. I think it's a, it's one of the things I would never, ever short. I do hold Chainlink now. Like I'm like, you know, like I respect the link Marines. I respect that community very much. And I think it's like unwise to short. I think Zeus Capital proved this to us, right? Like Zeus Capital, they tried to, they tried to short it. You know, don't ever try to short it. Well, I mean, I think like with Link, it's, it's communities really define a project, right? Like I think as long as you have a strong community, there's always a way to kind of salvage things and like, you know, make it sustainable, right? If you don't have a strong community, I don't think that it's sustainable. And with Link, it's just like, you know, the Link army, they're crazy. It's crazy. It's crazy. And then we've got Bob Witt says, Hey, Michael, can you talk about ETH's infinite supply, guys? I think this is, this is kind of funny, right? So this is one of the biggest criticisms of ETH, where ETH there's the inflation every year, right? I'll send the same, but it's probably going to be a little bit larger now because of ETH 2.0. There's also extra inflation on the ETH 2 side. But so they're saying, okay, ETH's constant inflating is infinite supply. But this is like the big point versus ETH argument. And I actually feel like that's a load of crap, to be honest. Like the amount of inflation versus the amount of hype in ETH, it's like there's a disproportional amount of hype and also development on ETH. Like that inflation, I feel like it's not the big picture. Like if you're looking at ETH, if you're in ETH, you're probably not looking at the supply and not even at the current supply. I think Vitalik was the one who pointed this out. He was like, the ETH is all about what you think ETH can do in the future. And I'm like, yeah, absolutely. Right? Like that's the core factor. Bitcoin is the digital code. I think that's the position Bitcoin has always had. And I feel like this is very complimentary to each other. With Bitcoin, it's finite supply, 21 million. In fact, less than that because some of some Bitcoins could be permanently destroyed. 2 million, that's what they say, are basically like, were mined on a laptop. They threw away the laptop, they put it on a thumb drive, threw away the thumb drive. So there's 2 million Bitcoin that will never be recovered. So maybe like 19 or even 18 million Bitcoin in circulation. Right? The rest destroyed permanently forever. Right? So Bitcoin is very finite and that's what makes Bitcoin very powerful. But at the same time, ETH is just a completely different ballgame. It's not, yes, they're both cryptocurrencies, but that's where the comparison stops there. ETH is all about that ecosystem, right? What they can build on top of it. Like ETH is driven by all those like Andre Cronies out there. I mean, he's like the king of DeFi right now. He can just think of something, boom, he types a few words. Boom, it's a smart contract to deploy. Your entrepreneur comes out. Oh crap, man, guys. New products out. Like JP Morgan, you guys watch out. You know, that's the key here. So I feel like that should be more of the focus rather than supply. I think supply, yes, ETH does inflate. Like there is inflation on ETH. Like you go and calculate or calculate that amount of inflation. But that inflation is also set as well. ETH doesn't kind of magically contract and not contract. Like the algorithmic stablecoins. You want to talk about algocoins or? We could touch on them. I mean, I think that that's like trending right now, right? It's like kind of like the, you know, there's like NFT hype recently. Like I feel like that's the algocoins and the new hype. What's your take on it? What's your take on it? What's your take on it? I mean, to be honest, I'm still trying to like get a complete grasp of like, you know, the ecosystem for algocoins. So like, I'm, you know, I mean, it's one of those things where it's like, would you rather be right or make money? So right now I'm like making money, but like, I'll figure out how to be right later on. That's the scary part. I think that's one of the scary parts about crypto right now is like, there is definitely not a lot of stuff that's right in crypto. Like there's stuff that's a little bit crazy. I think like, all right. I kind of changed my view on algocoins recently because there's a lot more mechanisms in play. I think like if you look at algocoins and the evolution of that, I recently have a video. So guys, check out the video on algocoins. But one of the, like, you know, we've got people like DSD, Frax, ADA. ADA is not an algocoin, but MahaDao is now. MahaDao is an algocoin. Yeah, that was a good one. Really good one. Yeah. Yeah. That was a great one. So, okay. What are these algocoins? Right. So, if you guys saw my video, I feel like the reason here is that we always need a stablecoins. Right. And there's a lot of problems with the current generation of stablecoins like Tether. Like how do we know that Tether is backed by one USD. Right. So, that's where like people are like, okay, can we create a synthetic version of that? And we've seen the creation of crypto backed stablecoins. And I think this is much more solid though. I honestly think like Dai or SUSD or the LUSD made by Lina, that makes sense. Right. It's backed by something. Algocoins are something different, right? Algocoins have no backing whatsoever. They're just created out of thin air. Right. And the reason why there was so much hype on that is like, if you can get this to work, right, that would be insane because you just literally have the best money printer in the world. Right. You create, like you're essentially doing what the government's doing. Right. So, there's two arguments for it. I mean, obviously the OG crypto people are like, what are you doing? Right. The whole point of crypto was to move away from the current broken financial system. But then the other thought is like, okay, why can't we just apply whatever, whatever's broken? In the financial system. I shove that into crypto and have some fun. Right. So, there's two ways to think about it. I'm looking more seriously into it now because I feel like if they can create this, like if there's a chance they can create it, it's at least worth looking at. I think that's the key. But there's going to be a lot more volatility along the way. I think that's my current take on it. There's a, there's like huge amounts of speculation here. So, it's one of the most volatile markets. And we've seen markets like if you select a base protocol, I can go like up like, I can go up like 20x in a day and I dump like 80%, 90% in an hour. Right. So, it's super, super volatile, super dangerous. But at the same time, I feel like I've been spending a lot more of my time on that and also on scaling as well. So, that's my two kind of takes on that. Alright. So, you want to answer some questions here, John? Sure. Like I guess, I guess we'll pop this one out. There's a lot of questions. I think we're towards the end of a stream. So, we'll do Q&A. I'll do, so let's, let's move this here. I'm like being very careful about this mic. So, I just want to drop it on this. So, yeah. You take your pick of questions. I'll take my quick question. And by the way, guys, thank you guys so much for watching. Just a shout out. Make sure you guys smash up the likes. It really does help this channel grow. Make sure, yeah, smash those down below. Thanks, John, for his time. You know, appreciate it. Anytime. Anytime. Always happy. Yeah. So, let's see. Man, there's a lot of questions. There's a lot of questions. Jaja Binks asked a good question. Why hasn't anyone picked up PlentySwap XDAE instead of Uniswap? Fees are cents on a dollar. It's always about liquidity. So, there's a lot of like kind of layer two scaling solutions. In fact, I have a new video coming up very soon on ZKSwap, which is native. So, a few things, right? So, I think a lot of people who are very into Huniswap kind of like magically thought that this would just immediately become the biggest liquidity pool. But because it's not an ETH, people struggle. And the same thing happened on Binance Chain. Binance Chain, Binance Smart Chain right now, you can do swaps. There's PancakeSwap on there, which has a lot of liquidity. It has a lot of new Binance projects. And yet, at the same time, it's not completely replacing Ethereum volume. Ethereum has shown dominance endlessly because people are just lazy. They just can't be bothered. And the liquidity is not as strong there. So, it's like, why would I want to swap there? All the new assets, all the new cool stuff, all the new innovations on Ethereum. So, I think that kind of answers it. But I don't think Huniswap is dead. I think like we have a huge amount of Huniswap bans on my channel, especially on the like Somi is just like pushing that nonstop. So, I feel like there's potential there. Like every layer two has potential, but it just depends on your expectations. What would you buy on this dip? That's a good one. What would I buy on this dip? Personally, I'm like, my strategy has been, okay, accumulate Bitcoin before 30k, accumulate Ethereum before 1500, right? So, I mean, this dip, get a little bit more Ethereum? Yeah, John's talking looking there because that has a chart in there. So, what's around it? If you guys, I guess I can't rotate the camera, but this whole place is filled with screens with the current, with the current prices. So, John's constantly looking at that side. He's like, no, John, I gotta go, I gotta go, I gotta go, stop the stream, I gotta go, run back. It's fine, it's fine. I'm happy, we're in the green, you know, I can relax. I can see you on edge, you're like, when is the stream going to end? I need to go back. It's all good. I mean, I'm just, you know, keeping an eye on things. Keep an eye. What dip? Yeah, good point. The dip for like five minutes, like an hour ago. Yeah. I think Polkadot is actually something I'm looking at. Yeah. API3, that did well for me. I mean, I got into API3 just over a dollar. I mean, I got out, once they hit like three plus dollars, I was like, okay, 3X, I'll take it. But API3, I think it's, you know, it's pretty good. API3, graph. I think I want, there's a lot of those kind of companies coming out these days. Yeah, I feel like DeFi is also big. So, Wi-Fi was one of the coins I went back into. I think Andre is suddenly becoming like a lot more active recently. So, I'm like, okay, look, he's becoming more active. Wi-Fi, Wi-Fi, whatever you want to call it. What's it called? Like what? Keeper? Yeah, Keeper. Key3PR. I also went quite strong to, was it PancakeSwap farming? They have like, like my DGEN side. I also have like a Mipro Cash staked in the boardroom. That's like the most DGEN play. Like, I think, like that was like the crazy DGEN play. But it's very active, it's very involved. Yet again, algorithmic stable coins, like I'm dipping my toes in there. That's the DGEN side of my sub coming out. So, I think there's a lot of plays here. Like, you know, this dip is, if this dip continues, like I'm hoping like if there's a Friday dump, I will be eyeing the market for entry points. I don't know. To me, it kind of looks like it's still going up, right? There's a minor correction because it did shoot up from like, what? Yesterday, the day before, it's like what? 35 and then it went up to like over 40. So, I think that like it is going up so fast, you're going to see these corrections along the way. But by and large, I don't think we're even close to being done yet. I don't think so either. But yet again, lots of volatility, not financial advice. Let me just have everything there. EA also agrees. He says the Bitcoin dip, the BTC dip not big enough to be called a correction. And then I think the correction will come to be honest, like the correction, there will be a correction. But it's just a matter of when, right? Do we correct now to like 34K or 33K or do we correct later from 50K to like 30K or whatever, right? Or to 40K, right? So it's like, it really depends. And I still remember making videos like trying to calm people in 2017. I think like throughout the whole run up, like there was a lot of volatility and I definitely expect volatility ahead. Yeah, I mean, I'm genuinely surprised. Like once we broke 20K, we never went below it, right? Like it just kept going up. And I think, you know, there will be a 20 to 40% correction coming, right? I think that it's inevitable, but I think before that like proper correction comes, I think I'm hoping 50K, right? I'm hoping we get 50K, then like 20 to 40% correction, buy some more Bitcoin, then let it go up to like 100K. I mean, who knows? GG. That's what we're hoping for. But anyways, that's kind of our inner expectations, our degenerates. And someone was like, I love John's degenerate laugh. Degenerate John coming through. Oh, yeah. I mean, I've become such a degen recently. I, uh... It's been fun. It's a good time to degen though. I mean, it's like, you know, you're gonna have more wins and losses in the bull market. Not financial advice. Not financial advice. Don't do what I do. All right. And I think that's pretty much wrapping up for this episode, guys. I think we have a lot of views here. Don't forget to smash up those likes. Yeah, smash up those likes that Bitcoin can smash those walls. All right. It's imperative that you guys do this. So there's a few updates on the channel as well. Tomorrow we're gonna have a live stream with Jeff Kardakis of TrustSwap. Again, it's gonna be a chill session as well. So yeah, I'm just gonna do more of these chill sessions. Live streams happen at a different point of view. But at the same time, I think there will be some echo chamberness here. You know, we're all crypto people. We're all degenerates. It's gonna be super fun. So I think that's gonna be exciting. So make sure you stay tomorrow, same time for the live stream with Jeff Kardakis here. And then I think that's it. I think our batteries are almost out. I think that's Eugene. Thank you. It was actually really hard. I think the battery has officially died right now. So I think that's pretty much it. We got Bernard Macari says thank you. John and Michael. Thank you so much Bernard. I think that was that's very, very huge. All the mods on this channel. Thank you, Troy as well. Bernard, thank you Bernard. Thank you Angela as well was on the channel. All the mods on this channel, they do it for free. It's been insane. Like we definitely need to show more support. And I definitely want to say a big shout out. Oh, we got the camera back on again. Then definitely want to say a big thank you to kind of all the people who support this channel as well. Just like click the join button. It does. It does help. And yeah, we'll do more episodes coming up soon. Make sure to subscribe. Make sure you hit those likes and we'll see you guys soon. Yeah. And also follow Genesis block. Well, you gotta show your stuff, right? Oh yeah, yeah, yeah. At Genesis block HK. That's all of our digital properties. So, you know, Instagram, Facebook, LinkedIn, Twitter. So, so, so Genesis block HK. Let me, let me, let me show them that. So at least, at least you get your moment to shine. Right? So Genesis block HK. Let's, let's put that up here. So, you know, you can see this nice background behind us. Genesis block. Where's our train? The trams. So we're actually running out. Did you reserve one for me? Um, dude, we still have seven left. So if you have one, you use this. I need it. I need it. I need it. So, so yeah, they're doing crazy stuff. I mean, recently they produced a literal tram. Do you have it on the desk? Um, I can grab it. Grab it. Grab it. So they, they're, they're with the Hong Kong Bitcoin association. I think the Hong Kong Bitcoin association and guys help with this. But there's a tram. John will tell you more about it. So there's a tram down with Genesis block also did the walls and murals. Um, Ooh, this is cool. This is cool. Let me show you guys this. So is that all sold out now? Um, so we have seven left. So I mean, we bought more initially we got 20. They sold out quickly. We bought like 30, 40 more. They sold, they're almost sold out. And there's only ever going to be 200. Holy shit guys. So this is like to commemorate. Um, so, so, so, so the, so this was an virtual, this was literally a tram. Yeah. So this is like, we had three of them going around the city for a while, uh, for I think two or three months. Yeah. So they wrapped this in Bitcoin. Yeah. Yeah. Like a literal replica of the trams that we had going around the city. Yeah. That's kind of cool, man. It's like a little bit of Hong Kong history. I mean, these trams, they run along Hong Kong Island. They're very visible for everyone here. And then I think there was like a huge community effort. So these trams were running around Hong Kong and then there was an ad right in front of the HSBC building, right? Cause like Hong Kong is a very financial focused, um, uh, area. So we got, we got, uh, we got the tram running along. We've got the HSBC. So there was, yeah, the Bitcoin tram right in front of HSBC building, banking sector, you know, we've got a financial district there, you know, plastered with, uh, Bitcoin ads. And that like, if they entered, if the bankers entered at that time, you know, like they'll, they'll be making. I mean, great. I mean, all that would have taken them is to buy a couple of Bitcoin. They'd be like, Oh, this stuff is pretty good. Very nice. All right. So, yeah, checking them out. GenesisBlockHK. They also have a YouTube channel, very educational content. Um, just to give a shout out to that. Um, let me just see what we have there. So we have that and then let me see. Um, this should be, uh, uh, YouTube channel, GenesisBlockHK. So we have English and Cantonese. Um, we're trying to focus more on the Chinese content these days, but we will continue to do the English stuff as well. Yep. So you can see all the stuff. Um, there's a lot of new cool stuff coming on. So guys, make sure you stay tuned. Make sure you check out John's stuff. Um, definitely John's being very, very, very entertaining as well. So snapchat some likes for John guys. Thank you guys so much for tuning in. Anything else you want to talk about? Anything new? Um, I mean, yeah, we'll, we'll, we'll have some cool stuff coming up. I mean, we're, we're planning, uh, uh, like another big ad on, on the SoGo big screens. Oh, shit. Um, and then, uh, yeah, I mean, for now, I think Bitcoin, man, shill Bitcoin. I'm shill to your friends, shill Ethereum. Like let's pump up the market guys. All right, guys. All right. Thank you guys so much for watching.