Bitcoin & Ethereum Breakout Soon?

should have a good setup yeah all right so let's go live um so it seems like we're going live it just makes youtube okay so guys welcome back to another episode of box mining here it is the 15th of january it's kind of crazy huh we're we're midway through the month already it's like just feels like we just started but anyway so welcome back to another episode of the box mining live stream today we have a huge update on what's happening on the cryptocurrency scene and guys i'm happy to do this episode because i mean last time on monday we were there for the big crash the big red candle downwards it almost feels like a month ago right it feels like such a long time ago but we were there to witness that huge dump that happened on monday but right now we pretty much fully recovered and yet again we're almost to the point where we could have a second breakout so we'll talk a little bit about this current market and conditions definitely of course with decentralized finance everything has been breaking out recently i was just like whoa look at that it feels like what was happening on the market was that defi was having its day right decentralized finance you got like your yearn finance your your your big ones your synthetics they they were about to have their day but then the ethereum prices just crashed down taking down that kind of market and the mood so now it seems like we're back we're resuming that whole defi scene so anyways there's a lot of excitement going on and recently i've been super super busy catching up with a lot of that's happening on the news front so we got tons of news like betfinex we got even like tether fud a lot of people were asking me i think i don't know why this is like this this circulates and this happens every single wave it says like the tether fud wave again every single time like what what when the market is like when the market's chill no one talks about tether tether thought but when the market moves oh my god everyone's freaking out about tether so we'll talk about tether in this episode as well we'll be taking a look at everything everyone's talking about uh huge pump trust in the pump we got the huge dump trust in the dump coming as well it was like these funny twitter things going on um definitely i feel like there's sometimes when crypto does become a religion so believe in the dump guys just joking but anyways uh so we are talking about that we also got a comment from decentral leo says tether fud is so bullish i definitely agree too like it's not all right anyways i'll leave it to the full episodes coverage guys welcome here also guys i think um i've seen a few people talk about um or or they they're requesting shorter videos right so they they want um you know these live streams are a little bit long so what you guys can do and we um it's kind of like a hidden secret here but if you guys check out box mining clips so this is where we kind of take the clips and just get like smaller episodes um here so uh this this project kind of started but we're just cutting out smaller segments of this video which are very specific um to a single topic and i found that to be very very useful for some people so anyways uh that's uh that's um also live as well so just make sure you guys check that out if you guys want shorter clips um and with that guys um that's pretty much we're ready to start and let's get started all right so let's take a look at the market first of all so yesterday we almost had bitcoin touching forty thousand dollars holy crap yet again that that we're fast approaching 40k we're like last night i was just wondering will bitcoin make it will bitcoin not so it seems that we did try to touch it but we didn't pass 40k so that's kind of the big barrier that we've been seeing that's the wall that bitcoin needs to break at this current point we got ethereum also pushing up as well so if you just take a look so we'll take a look at the majors and then we'll take a look at the alts because the alts are kind of crazy i mean you see numbers like polka dot moving 25 percent in dates it's pushing to 15 dollars holy crap right there's a lot of action chain link as well at 18 trying to push anyway so we'll talk about alts but we'll talk about the majors first about what's happening and the action when it comes to bitcoin so we're taking a look at the one hour chart for bitcoin over here and this is kind of the story of the week right so we had bitcoin all right there's definitely substantial resistance at around 40k 41k level right this is something that we did see before previously on early january when that excitement was building up when everyone was coming back from the vacation the vacation now talking about bitcoin now buying a little bit of bitcoin that's kind of the retail fomo that we saw early on in january and then the dumps came right the dumps all all of a sudden that dump came we watched that live on monday and then we have the markets kind of this full-on v-shaped recovery coming back into play and we see that some resistance kind of building up around 40k now this is actually quite interesting because we need to kind of pass 40k and 41k in order to break out into that new area but what's interesting is that we're now moving to the asian markets and something a lot of people have been kind of noticing previously right is that previously when it comes to the asian time zone because right now it is 11 a.m here it's morning here i have curtains on so you don't see the light anymore it's kind of playing around the lights but it is morning bright and early out there but in the asian time zone it's sometimes things don't go so well right so over the past few months things were like dipping during the asian session but throughout the this few months right for that's not not this few months these few weeks rather these few weeks asian market has been a lot more bullish so towards the afternoon that's what i've been noticing is that the markets are moving up quite substantial amounts and this is actually quite true i've been getting this information from the bitcoin center in hong kong here there's a lot more people registering there's a lot more trade activity and there's a lot more excitement in the asian zone as well and this this isn't just with hong kong but also in china and also in thailand in southeast asia in korea even there is a lot more excitement than usual so instead of dumping their bags right emptying their bags out in the morning they're there's substantial fomo now at this current point so i'm actually quite bullish at this current point so what's good is that the market did let off some steam that's amazing right let the market let off some steam so we have room to grow right the room for the entire market to grow beyond 40k or crazy right that's a good like that's that's some somewhat of a good feeling i mean i mean obviously i think something that's also driving the growth of bitcoin at this current point is how screwed up this world is right now it kind of sucks to say this like you know like um you know bitcoin moves up because of sense stability in the world and the world is super unstable right now like um this is stupid right because i i don't really go into american politics much right but it seems like such a big shit show like that's the only time i can really say that like i like people are complaining about me swearing on this channel but it's a super big shit show like that paul that that it's like like for us right like we're i'm not in america i'm not involved in american politics i don't really care for american politics but boy is it just a madhouse over there and with the new stimulus check being printed as well the u.s dollar is not a really good place to be right now i think that's kind of the worry for this year and we'll have to see it this is what bitcoin this is why bitcoin the argument for bitcoin is becoming stronger and stronger every single day so it kind of sucks that the world has to be in this state i mean like i hope it's not right but at the same time i think a lot of people are discovering the weaknesses in politics right now that's kind of the problem right now now we also have ethereum so let me just throw out ethereum here let me just put out the chart if it's actually quite performing quite well too let me just throw that on um all right so if also that v-shape recovering coming through i'd say it's almost like oh wait no that's not if that's not if that's not if you scam all right let me give me a second let me load the e chart i'm like why does it look exactly the same didn't we just cover this like a second ago anyways let me let me get this on here right it's not loading properly all right if usd all right so if usd also had kind of that v-shape recovery that we see but it's more a little bit more pronounced right so if we did actually touch uh one um so so yeah let me let me just let me just get that up right so it looks the same time it's pretty much the same graph right it's a pretty much the same chart it's not it doesn't take a rocket scientist to figure out what's happening here right now so generally when i look at charts i kind of look at where we are at and so if tried to touch um 1300 so if that was kind of before the big you know had dumped down so congrats to anyone who did manage to pick up um sub $1,000 if because we did have quite a strong recovery so we're at the strong recovery phase right now yet again we're trying to look to see if there's any resistance at around 1300 that's kind of where we're looking at and that's where we're gonna eye for a breakout i'm kind of quite optimistic today i mean asian markets seem to be quite responding quite well coupled with the fact that this whole world is in a shit show right now yeah it feels like us dollar is such a dangerous place to be right now i feel like um yeah if you're in fiat you know like you know before i used to roll my eyes right when people were like oh man i'm gonna throw away some garbage fiat but it's starting to make a little bit more sense now to be honest um yeah it's not not a great place to be not a great place to be all right guys so that's kind of the look at where we are at right now um do guys we have 600 some people here do smash up the likes let's get to 300 likes today so if you're coming in if you're just enjoying the channel if you're watching it do smash up those likes it really does help and if you guys want more regular updates like this make sure you click subscribe hit that notification bell because we do have some spontaneous live streams coming in covering the latest news in crypto there will be a lot in crypto as well and of course we're going to continue today on to our next few topics so just a general look at the web on everything right now so it's the year of the dot it seems like so polka dot has been rallying very very strong for the past few months even i mean we saw polka dot launch at around three dollars people didn't really know what it is but we do know that china loves polka dot china is like crazy about polka dot it is the biggest china pump if you're talking about pumps is the biggest china pump all right so um now there's so much excitement so every time so some something that's kind of interesting is that there's roughly like 300 known projects building a polka dot probably 3 000 if you include the smaller ones it is going to be crazy this year this year um so we're going to definitely cover polka dot and recently um of all the projects i'm speaking to so i'm definitely speaking um to a lot of projects with genesis block ventures you know i'm part of genesis block ventures i go uh with their investment talk and stuff there roughly half half the projects are going on polka dot so it's kind of insane right the growth of polka dot and where it's going now why polka dot what's interesting about polka dot is that with polka dot instead of having everyone build on top of polka dot what polka dot allows people to do is they may allow them to make their own blockchain using something called substrate so this actually solves a congestion issue right if everyone instead of building on top it's like it's like okay this is the best analogy for what polka dot does so ethereum you can imagine as a big city right the streets are very congested right now transactions are very expensive because those streets are just like gridlock right everyone's building on top of ethereum there's so much action here everyone wants the moment something exciting happens all the streets just gets jammed up gas consumption goes up the roof transactions expensive but what polka dot does is it kind of has like a city builder kit if you guys want to make your own blockchain if you want to guys want to make your own city sure go ahead so that kind of solves the congestion issue by having everyone having their individual city and then polka dot itself serves as kind of the linker right the big highway that connects every major city up together so i guess that's kind of a good analogy for what's happening with polka dot their design philosophy and that's why a lot of projects building on polka dot like real chain or whatnot they have their own blockchain being built with substrate so they have their own city kit ready to build their own city and they can have their own congestion like if they want to create congestion and create mess well they can create in your own city right that's a that's kind of how it goes at this current state but anyways lots of going on we also chain link so basically the defi the defi wave is back on again cosmos is moving up again so definitely asymmetrical today so if you look at everything we've got voyager token up there number one but if you look and rank the top 100 and you look at the positive versus the negative you can definitely see is very very asymmetrical today a lot of coins are moving up you've got your nexus mutual your sushi your doge your avalanche algorand is also moving up oh my god it's it's been quite crazy so so today is a really great day for alts actually it's a it's a good day for alts um yeah everything but everything but zero collateral die it seems like but that's also a rebase coin so it doesn't really count um parsic is up all the way up there it's a it's a kind of a crazy time right now definitely awesome definitely awesome so yeah so lots of optimism positivity right now at this current point especially for everything going around here so i don't know man i don't know i was gonna make a joke with the the defi pump guides but i think i'm gonna refrain from that now we're gonna what we're gonna do is we're gonna cover the core issue today so the core issue i i'm gonna put there as heather all right i'm gonna put that up there because everyone was asking about tether and tether fud and everything about this um so all right let's do that and then we'll do the crypto news all right so first and foremost let's talk about the most important topic everyone was talking about heather fud so what is tether threat is tether something to just enrich bitcoin investors oh my god this thing comes up and there's actually substantial bite to it i mean there is an investigation by the u.s attorney general on tether slash bitfinex or the same company and there's a lot of question marks appearing right and this problem is actually growing year over year so if you look at the market cap of tether that's how much tether there is in the world tether is now the number three cryptocurrency in the world right now at this current point and then at the same time the market cap is 24 billion dollars all right so in theory all right so in theory with tether if you look at their website and then you know if you believe what they are saying right so this is so this is this is kind of the issue if you believe what they're saying they're supposed to be transparent and there's meant to be a proof of fun so every single dollar that is actually issued or by tether should be backed by one u.s dollar should be in the key operative but people call this to question i mean you know is that proof enough um have they ever been you know do they ever have a third party trusted um audit of tether and this is the problem because there isn't right so tether themselves they put out information and say okay look we audit ourselves all right cool we can prove you we can prove to you that we have this money because we audit ourselves ha ha ha but that's like leaving the rabbits in charge of the lettuce right i mean at the end of the day everyone can say i can claim oh yeah i have this money it's cool right trust me but how much should you trust them right so right now there is a pending investigation by the u.s attorney general over tether and where's where the funds now something that's quite interesting about tether is that this issue can never be resolved right so right now why is this flood building is that this seems to happen every single bull wave and people are really looking to like the kind of the investigation by the u.s attorney general uh to say oh look okay like there there's some problem there but as we know all lawsuits will take a lot long time to resolve right it's not gonna be resolved immediately it might drag on remember mount gox all right i bring this up because that's an exchange that went defunct and went for the legal process and still after four or five years it's still nothing's done and this is the thing with the procedure right but crypto we we operate in the space of days weeks months but not years or decades right so it tends to be the case that comes back every single time and i'm not really gonna put a strong opinion here like i feel like this is a situation where you'll never be able to resolve this issue unless tether really does have a full audit but that doesn't seem to be going to happen anytime this year so here's my view on it here's my view on it tether fud always comes back into crypto and this is a sign that the bull markets are coming because now people need there's there's people who they if they haven't seen this if they haven't seen enough of this tether fud it's like it comes back every single year so i feel like okay look the resolution is always the same we don't know right but for anyone who's new in crypto they're always very concerned there's arguments to both sides right one of the arguments for um tether being you know nothing is that they never provided formal audits and they're being investigated by u.s attorney general but the counter argument is that china loves tether right right now um most of the volume that's happening most of the issuance that's happening is with chinese markets the reason why is because china doesn't have direct access to the us dollar so something like tether becomes such a powerful tool for the chinese both to enter crypto markets and also to just have a little bit of freedom to have exposure to usd as well so the arguments can build on both sides and every single time right this is every single time it just never gets resolved because we never we can never unless we have that full audit it can never be resolved and that full audit needs to be done every single day right if you think about it 24 billion dollars is a lot of money and technically speaking just because you can audit once doesn't mean it'll always be there forever right this is like this is the part um problem of centralization so it can't really be resolved until we have crypto versions of stable coins or until i mean we are seeing that right we've seen die we've seen susd we've seen algorithmic stable coins check out that video but honestly this kind of flood wave if you've been around in crypto this comes every single bull wave right there are times when tether prices will dip right there's times when tether prices can dip to 92 cents i've seen that before and uh i had some friends that made like a lot of money right off this because what happens is that when tether fud comes and people freak out tether prices drop but what happens is that during that time when tether prices drop some people who have access to especially shareholders of bitfinex i do know a few of those if they were lucky enough to invest in spitfinex and they have a money um that active bank accounts what they do is they just buy tether and then they uh withdraw usd all right so they just send that back to tether and then withdraw that usd and then then they just make they just churned us um it's kind of crazy the last full flood wave so that's my opinion guys so it comes back um we've seen it come back many times it will never ever get resolved in crypto um i do not ever click on buttons i don't ever click on any of these news updates because it just recycles the same thing and many times i'm like a broken record holder like i'm like a broken record player kind of constantly repeating the same crap right we don't know right and that's that's the unfortunate side effect it makes a lot of people very uncomfortable in this space people want to know what's happening but honestly speaking we don't know right we we do not know right there's arguments for and against if you guys are afraid of using tether this year a lot of stuff has been moving so for example usdc right usdc it's the the market cap is not as big but it's those guys are it's done by guys from circle so i'm actually not calling circle coinbase but yeah so there's coinbase version of the us dollar so that's becoming a little bit more popular if you guys are really concerned paxels paxels are it's meant to be super legit paxels standard but no one really cared about it so you know i guess market cap it's like it's puny it's like it's nothing but there are other stable coins out there and crypto is going to survive the flood regardless there's always been accusations that tether is just printing off millions and millions of dollars but honestly i'll tell you guys guys chinese if chinese volume comes they have to go through tether so that's why in the asian markets we're nowhere near as concerned about tether as everyone else we actually see that there's a lot of real chinese volume and they do go through tether a lot so we're not too concerned about tether printing off a lot of money there is actually a lot of money flowing into crypto too so that's my two cents guys um especially a lot of people who don't know what's happening in asian markets they should not comment on asian markets um that's my two cents right so anyways um morning saint says bitfinex is associated to tether yes so technically they are two separate legal entities but definitely the u.s attorney general already said these guys are the same guys it's the same ceo cto come on guys you are the same people okay bitfinex tether same guys all right um that's already been kind of established um um kevin sandu says you want proof that you can trust tether the thing is it's not about trusting tether or not it's just something that i think like the the viewpoint i i want to be like i don't want tether to become a religion either it's like it's a tool right it's a tool that a lot of people use um and it's a very useful tool all right that's why the tether market cap has been growing but definitely speaking there needs to be a replacement sometime for tether but it's just a matter of when but anyways yeah so tether has always had these dips as well so just be cautious like it does happen right so it does happen to pass like like let's say 2017 this exact same thing happened in april of 2017 tether fund oh my god look at tether dropping below a dollar okay dropping to 92 cents right there and then we have the same thing happen like a big big big run-up so like it's kind of crazy you get this run of fomo and then tether prints more tether and then people freak out tether drops to 95 cents another tether fund wave so every time it drops below a dollar it's most likely caused by a fund wave people freaking out oh my god tether something crazy happens and then and then yeah tether goes back to normal i don't know it's kind of funny but anyways it's i don't pay attention to it honestly um it's not worth my time like i think a lot of people especially um western audience they love this right they love this they love this tether fight and they i don't know it's just such a it's such a it's so boring it's not really interesting right that's that's my two cents anyway so that's my two cents let me take a quick look at the comment section do you guys think the same things um we've got angela wang oh no bad puns are coming uh golden crypto supreme says it is a tool and that's it absolutely um morning saint says wow zero um 92 cents have other stables experienced such a swing man with tether fud it's crazy like some people benefited crazy amounts like like honestly honestly during that tether fud period people there were people making like six seven figures just doing tether arbitrage it was a crazy time um so just be mindful right if you dump tether at 90 cents um enjoy or be prepared for something like this it will happen again like we know it right this is like when we're coming approaching onto a bull run um there's so many shaky hands out there and people love shaking those hands shaky hands right like people love swinging that tree and last time like so last time there was substantial flood with the u.s attorney general investigation but what happened was pretty much the they managed to raise like 600 million dollars in chinese markets right it's it's kind of it's like an insane story if you say it but anyways um there's actually a lot of things wrong with it it is a very useful tool it is very flawed as a tool as well i'm not going to support it but at the same time i'm not going to say i'm not going to flood it either i feel like that's that's my stance i i frankly don't care about it like i'm prepared if tether does drop it's fine like my like if i ever go to stables i always have a state i got like you know this year right especially with decentralized finance you have these pools on curve etc right and these pools kind of are supposed to balance it out heck if you look at reserve uh rights and we also have what was the other one again yeah meta stable right all these cores are all these coins are meant to deal with the flawed nature of tether so anyways i'm not too concerned about it but yeah i feel like i feel like it's bound to pop up over time um kevin sandu says i'm in asia and huge amounts of tether folds and is used here absolutely um folly monster says what are good sources for the asian markets um just come to asia yeah fly over to asia check it out it's great um the biggest issue i feel like with asian markets and these global markets is that people new sources are really bad honestly for asian markets um new sources typically speaking especially new sources catering to western audiences are horrific um because a lot of what happens on in asian markets cannot be written down right this is the biggest issue with asian markets is that because a lot of it is in the gray area no one writes about the gray area so a lot of people get very flawed information and really the only way to get better information like this is truth i like like i would love to promote a bunch of news sources and then make money off that right but the truth here is that asian markets you got to be locally in asia and that's the only way companies have ever succeeded in the asian market is if they have people on the ground same thing if you want to have accurate information on ground check this channel out we do reveal some of it but some of it i cannot disclose either um it's just the way it is right um i'm just telling that out for you guys right now a lot of stuff that's being spoken you know especially you know that's how asian markets operate right so um morning saints is i love gray it's just the way asian markets work so uh some to be culture says asian ptsd from 2017 to 18 anyways okay so let's continue on to the new segment so let's do a new segment and then we'll do an all coin segment because everyone seems to be asking about this coin or that coin so let's do a very quick look at what is happening so we got guys at trust swap trust swap has joined forces with shopping.io so they're allowing trust swap to be spent at places like walmart and amazon that's super cool that's super cool so congrats to jeff uh full disclosure i'm a advisor to trust swap this has been in the works for such a long time and it's kind of cool right you can go into walmart i mean this is something that yet again i can experience but i can be excited for which is to say yes if i can ever go to walmart i will try to use my trust swap there to spend with shopping.io in terms of the other community as well we have duckdow so duckdow i'm also part of the duckdow thing duckdow they're taking a partnership with stake net so stake net is a layer 2 um lightning exchange so they're super super cool they've also been launching stake net on bitfinex so this is a recent launch a recent partnership with duckdow and they're pretty excited for that this is like something that's like very very exciting to happen and i think that's the exciting part about this year too there's so much developments with um kind of how layer 2 scaling is working right now there's going to be a lot more coverage on this channel so stay tuned but lots of developments on that end now we also have um animoca brands so they're partnering with binance smart chain to move forward lots of stuff on the gaming front so animoca brands if you guys don't know um yet stare they make rev they're also big investors into crypto kitties um huge developments on the gaming front this year i'm actually very excited and if you'll actually look at my twitter i've been posting a lot of thoughts about how to get mainstream crypto gaming adoption that's going to be in a big focus it has also been a big challenge as well you know i you know going into this year you know i was very early into engine i want crypto gaming to work because that's a huge way for people to a get the benefits of crypto trading and also not just crypto trading trustless trading right but also at the same time get them exposure to crypto that's great but at the same time it has been such a big challenge right we've been talking about this for such a long time but upcoming we've got a few videos talking about the design aspect so not just a technology aspect i think the tech aspect will be solved much earlier than the design aspect coming from my experience in the gaming industry i've been there for like what seven years and also i've been big big big economics guy in video games like so sharing some of that insight with you guys and to see what's happening um my hopes is that people will take that insight and make better games but you know fingers crossed we'll see what happens instead of just crazy stuff we also have some also very very interesting stuff on the side so we got injected protocol they're launching the first ever tesla futures trading on their sources net so if you don't know injective is a lay um it's a very fast derivatives exchange right they built their own custom blockchain right to handle trading situations and they're trading on derivatives and they're allowing stocks the futures of tesla so this is something that's also very cool um it's not it's nowhere getting the attention that it should all right because in crypto markets we can we can take trading to the next level right and that's what we're doing we're taking trading to the next level but the mainstream audience they don't realize that yet so i feel like this is something that's the kind of a cool thing we get to experience in crypto where yes we already have derivatives for tesla or we can already have 24 hour trading markets i mean if you look at ftx right now like the same thing goes right if you're if you're interested in tesla and um trading and stuff like you can already trade tesla on ftx right but uh and it's a 24 hour market it's a crypto market my crypto markets are always open just some certain beauty to it but anyways so i feel like that's that's kind of happening that's in the background and yeah so that's very somewhat that's super exciting we also have pools pools is going live it's actually going live today so pools is a see let me just see they're launching on uniswap today and let's get everything right so pools is a liquidity they're adding the liquidity they're going there so they're launching today it's going to be super exciting so yet again pools has been one of the um launch pad launch projects for the duck dow community guys so super exciting stuff going on i'm actually going to talk a little bit more about pool pools very soon so stay tuned about that uh all right some bad news some weirdo stuff but ledger admits user data leaked amid the shopify incident of april and june 2020 so what's happening over there so um ledger has been pretty shite let's be honest here so um this really sucks but i'm not part of this is why i'm very critical about uh ledger as well ledger's hack isn't based on their device itself this is where i want to make sure my language is very clear here so the device itself is safe but what was hacked was the consumer customer databases right so they were using shopify so this is a tool for them to do their e-merchants e-commerce site so basically when you go on the ledger.com and you make an order that's through shopify so apparently some rogue employee they're blaming some rogue employee on this apparently the the leak of the data some rogue employee copied customer data so that includes phone numbers emails and also delivery addresses home addresses um and they leaked that out so that was like a complete shitshow right um that caused me to be like super angry for a week and two um you can check out the video there um but um so yeah that kind of really sucks and apparently apparently new information was also leaked to apparently another 20 000 um issues were leaked um this is just complete bullshit i don't know why they had our consumer data there um yeah some people are following a filing a class action suit like seriously guys seriously get your ass straight delete people's data from your addresses like this is just stupid and we're gonna cover more security in the future i think this is this is yeah this just like like i get angry i get angry i'm not gonna be um like emotional here but it's like it's just just the dumbest thing in the world so anyways they they they they omitted like the data apparently there's extra data that was leaked so apparently a new 20 000 new users were leaked so the best website to check is haveibeenpwned.com haveibeenpwned.com and uh yeah that's a good website for checking out just enter your email there this website has been around for a long time this is why i'm using it but yeah i'm just you know use trusted websites here but if you search that and your passwords have been pulling in the past i have been getting emails where people have been hacked especially people who don't understand security um that's a side effect of crypto right crypto transactions are not reversible a lot of times they can go to anonymous addresses um it's ripe for hackers guys it's ripe for hackers there's been a lot of hacking events recently do stay secure a lot of people feel like you know at the end of the day why do you have a hardware wallet well it's because if your computer is breached if your computer security is breached it's another layer of protection because you disconnect that the device itself cannot be hacked right the same thing goes with the yubi key a few people it's kind of funny right so i released that video a few people oh disclose your sponsorships and stuff actually i didn't get sponsored and in fact yubi themselves actually messaged me they're like oh do you want to put an affiliate link on your video i'm like oh maybe maybe later but yeah i didn't have a link i did not have a um sponsorship from yubi but it's kind of important with these hardware security elements like hardware security means that if your computer is breached if you like the worst thing right i just want to rant for for give me two seconds two two minutes to rant here so something that i've experienced firsthand is when i went to the hacken conference so hacken had a hack um hacking is a security firm right and they had a security conference and something that i experienced there was i felt very naked you kind of realize that with modern computing especially with windows pcs they are so vulnerable like you click on a wrong website your computer can be breached right like it can be breached and there might be a zero day hack there that people haven't discovered and then you just browse a website boom um someone takes control over it and then what people can do is they can attack the memory of your computer and change cryptocurrency addresses they can try to find your passwords they can try to find your accounts they can address this it is scary like the the way that hackers can really screw the system up for everyone it's just insane right like even just for example like it makes you feel naked because the other example the very visual example i'll just tell you the story but like you go to a hotel right like a lot of times you go to a hotel you think you're safe right especially you go to like a nicer hotel you feel oh that's safe that's no problem right but a lot of times what um people can do is like these hackers are like oh i'll show you a video how he can like open someone's door in like five seconds and they can't do that right because a lot of times even in fancy hotels um the door can open from the inside right so what these hackers do is they literally have a coat rack they shove that coat rack under the door they latch that coat rack onto the um the handle from inside and they just pull it so it takes literally like five seconds like they built uh there's hackers and people who like do security experts they built these these devices and then just shove it there clip onto the door open your door there inside like that's how vulnerable like that's that's a good analogy and a good example of how vulnerable this world is i mean every time you go to a hotel like if the door can open from inside you're vulnerable right someone could just open your door in five seconds and take anything your side your laptops or anything same thing goes with computers computers are extremely vulnerable because they can do a lot of stuff so essentially your windows computer that's already been like having like a million viruses in there already and this is why you need extra hardware protection i think a lot of people don't understand this but anyways um i'm just gonna rant about it but literally your your computer is like a hotel room like hackers can easily enter that and you just gotta be paranoid and secure it's it's crazy um patrick quox says lockpicking lawyer that's a great channel to watch like absolutely check that out like all these locks are not safe like 15 seconds literally lockpicking lawyer he just breaks into a lock like boom done like peace um morning since the morning saint says that's how apple protects your icloud dirty pics exactly you know you think of all these hacks that have happened um that's pretty much it so yeah that's my rant for today and that's where you gotta you gotta make sure like the problem with crypto is you're in charge of your own security right no one else is gonna teach you how to do it you know it's like inception right they don't have anyone to train your mind against theft you gotta train yourself anyways anyway bad example all right so um all right so that's pretty much it and then we have global politics going crazy again oh yeah this one um yeah we've got some ripple news not sure if this is interesting ripple security news obviously people look at this but yet at the same time you know these lawsuits can go on for years and decades and i don't know uh so anyways biden to a not to nominate former ctfc chief gary gelsner as the sec head tough case for ripple question mark um yet again it might be tough it might be the case that we're going to have some tough legislation coming soon that seems to be on the horizon i think there's so much craziness going on crypto that we kind of need it but anyways we also have chinese hospital to issue the first electronic bill on the blockchain china's moving really quickly on the blockchain this is pretty much given the whole last year china was moving very fast on blockchain and on their currency dc ep digital currency electronic payment that has been moving like super fast and something you gotta pay attention to but um yeah i think i've been i've been seeing that for a long time um guys do look it up um i think i sound like a broken record and it's something that i've like said so many times that you know uh it's gonna be crazy um all right so this is the alternate view on biden's appointment of this um sec pick so it does seem to be the case that this guy might be tough and ripple but easy on crypto i don't know with these things right like we'll wait until this guy actually comes on board and actually does uh enact regulation i think this is all speculation prior to everything going forward but anyways fun times ahead finally we got this was a big mess right so uh twitter is jack dorsley admits internet companies have way too much power and praises bitcoin as a model to change that dude this week was crazy right so the the thing that went on with parlor so it's so politically charged it's not even funny but parlor i was reading about about it right like excuse my ignorance because i'm not very i'm not a user of parlor nor do i actively even try to touch american politics because that's such a shit show it's not it's not even worth my time but at the end of the day the way that parlor was banned was that like they got removed by tech companies um so aws refused to host them uh app stores refused uh remove their apps like all right there's a lot of hypocrisy here right obviously there's a lot of things wrong with parlor and inciting violence etc i'm not going to cover that but at the same time if you think about it i think youtube and google they did the exact same thing youtube just hosted anything and everything right parlor itself is a platform right there's going to be good discussion there's going to be bad discussion the issue is how do you filter that out right but the way that it was removed i feel like it's very hypocritical because obviously you know the dark side of youtube the early days of youtube there was a lot of trash there too there was a lot of violence on youtube too um but at the same time youtube never censored itself right youtube never said oh google never said oh ha ha ha i'm gonna ban youtube ha ha ha didn't do that um i feel like politics aside right um there needs to be that the way tech companies responded there really showed how much power they have over everything that's going to be the biggest concern i think that's where i'm very worried about um for things going forward uh big tech um amateur gamer says what do you think about alex jones you think if you try to teach him about bitcoin he'll go buy he'll buy or go bazooka i don't know man i think like i think he's a great influencer but at the same time i think he's running a good business off certain individuals too um that's kind of the scary part right like um media is such a scary animal i would say um you know a lot of times they have the right ideas going into things um but the money gets overwhelming um um and then either the money or the views or the fame um it gets bad and i've seen that firsthand of a lot of stuff that happens on youtube um this year i've actually like made a conscious effort to move more to the investing side than on youtube side like i try to do these videos like monday and friday um and try to do one or two videos um to fill the channel up but i feel like i'm very behind on the youtube game to be honest and like it's unfortunate but i feel like for me i want to be on a tech side i want to be um that seems to be more compelling to be honest um not that i don't like you guys right but at the same time i feel like if i focus on the youtube side where you know if all my money comes from youtube or from sponsorships or from something else it makes a very unpleasant channel um so yeah that's kind of the focus i've been more kind of on the other side which is the investment side um yeah that that kind of worked out pretty well last year too so anyways i feel like alex joan already alex joan did fall down the thing where he wants views he wants likes he wants um virality and i'm not sure if that's the best way for crypto forward so kind of just to analyze it because there's a lot of value right beyond sensational beyond the sensation of crypto right because a lot of times when i first saw crypto there was a lot of sensation there was a lot of like stuff that you will roll your eyes with but at the core bitcoin makes a lot of sense right a lot of logical very clean logical sense and that's where like for me that's what's attractive um but yeah you know that's gonna come out sooner or later so um there's a lot of talk about dx sale i think there's a lot of dx sale fans on here so guys um yeah check that out why not um i actually haven't checked out too much um about dx sale feel like i missed the boat on that one to be honest but you know what i think they're actually doing quite a lot so um that'd be fun oh i'm tired today i'm being really tired recently i feel like um you know like this this whole week i've been kind of just like eyeing the markets a lot um i've been trying to take breaks in the middle as well but i'm trying to eye the markets a lot and there's always a flood of people right like check this out check this out check this out i'm like sure sure sure yeah absolutely and i checked it out and i'm like so tired afterwards like how do i keep up with this stuff right it's kind of infamous chris like um i talked to charlie lee once right and charlie lee talked about uh how um at the start of crypto it took an afternoon right so he goes he was like oh what's this crypto thing what's this bitcoin thing he goes on a forum oh yeah he's like a bulletin board back in the day people use bulletin boards half an afternoon he reads all that information it's done all right he understands it he's a smart guy and three days later he writes his own light coin project all right boom but now with the pace that crypto is doing um it's kind of crazy right it's taking everything to the next level um the amount of information here is definitely towards the overload side yesterday i was on like three hours of calls it was just like long and um um like it's exciting but it's long and uh you know it's it takes a toll on you right it takes a toll on you so that's what happens uh with this stuff so anyways all right last thing so before um so i was talking about the pool stuff so pools is launching today i just wanted to give you a little bit more insight into pools because like uh i wasn't very um phone so pools are launching today what they're doing is they're doing cross chain pools and options and this is some of the most powerful tools available right so in order for every kind of blockchain to have power so a lot of times we saw with trust swap they have their own launch pool we already saw poka started they have their launch pool pools it's like cross chain which is super powerful so that was kind of the insight they had there so it wasn't just with oh one like ethereum platform but now they can launch on tomo chain they can launch with moonbeam they can launch with more uh you know they have the polka dot logo here so what they're trying to do is they're trying to do a launch platform for every one of those things they're launching today so we're gonna talk with them soon but yeah it was one of those things that i was very very interested in and then um yeah we're gonna see more and i'm very glad they're launching today as well all right cool so that's pretty much it for today's video i think i pretty much covered everything including the tether fud and everything that's going on here guys i do appreciate if you smash the likes please we got 273 likes we got a thousand people watching thank you guys for um for joining in we got angela wang says food is the answer the answer to tiredness absolutely food coffee tea anything just shove that in you are good i should do a promo for this this is this has been great um i've been eating these pecans recently this is like this is my hunger cure um it's just so good i i don't know it's like pecans make you smarter right but anyways these are really good it's like maple flavors like it's like packed with flavor and then you just eat it i got eat a bag a day it's been it's been one of the biggest reasons why i'm getting fatter um because nuts are very very unhealthy but it is also super super good we got jason woos says box mining are you interested in ada ada ada ada ada i have some exposure but i don't know as ada has its own stories too ada has its own stories too i don't think it's not not for today not for today um smart all coins says try doing it with a regular job exhausting but worth it mark all coins absolutely and when i started crypto i was doing another job as well i was doing the gaming stuff but yeah um yeah just quit it uh i guess it's easy for me to say but i i know a lot of people who did move on to crypto full-time um you know i still remember that scene in wolf of wall street it's like you know when um jonah hill's character was asking um leonardo de paprio's character it's like how much you earn and how much money do you make like they're in this cafeteria how much money do you make and leo's like 70k last month that's it and then and uh jonah hill's character is like you gotta be joking right if you if you show me that you make this much i'll quit my job right now and then leo pulls out his you know pay stuff check it out 72 000 last month and then gg right that's that's that's that's that's the motivation you gotta be in crypto right that's i'm not i'm not promoting you losing your jobs or anything but you know dedication right dedication dedication a lot of people who do it full-time so um yes that's that's i love that scene uh all right we've got nine streams says you aren't fat you're beautiful thank you man thank you nine streams right by the way great job that you're doing on your stuff as well um if you guys check out gaming stuff check out nine streams channel it's really really cool on that side um okay where is ether going what's your thoughts man i have such a heavy exposure to ether so i don't ever say you know a lot of times i don't say i think like you guys can probably tell by the way i do episodes i have exposure to bitcoin e4 v chain um a lot of other coins i definitely feel it's going to go somewhere in the future right so a lot of times i feel like um people fraud numbers out there all right so this is the the mainstream media thing because everyone wants to hear these numbers right like everyone loves to hear like it's like a human nature right like if you just bought ethereum or you're thinking of buying ethereum you want to hear that it's going to go up to 20k that's that's what you want right that's what your mind wants right you want to feel safe but honestly with this one i'm not financial advisor there's nothing about safety right that's for me i've identified that like i want to hear someone say um it's going to go x y and z but most of the times they're just full of crap anyways right it's it's just like they're just saying it for the views or saying it for the likes but honestly i do have exposure to ethereum i do think it's gonna go into some crazy levels because of the technology here but it might take some time so i'll say that you know i'm not gonna give you like crazy outrageous numbers otherwise i'm gonna throw a million ha ha ha all right i just roll my eyes usually when people say that so um that's that's the straight message i do have strong exposure to ethereum um yeah numbers up up up if to 0.2 btc um realistically speaking though for eef like once it passes its all-time high all right so eef has not actually breached its all-time high yet so let's that's like you know instead of going around in crazy levels like that like eef has not broken its all-time high it is relatively uh weak relative um so the all-time high for um for eef let me just scroll back a little bit here um so let's put on a day chart so all-time high we had it at 1400 so that was all the way back in 20 um 2018 and during the full on ico craze right so this was actually very much driven so the the explanation for this was that the the ico craze was raising around a billion dollars per month and a lot of that was raised in ethereum so that actually meant that for investors to invest into these new icos they needed to have ether which created a huge market demand for ether which is why ether just shot up like crazy right it went from ten dollars to a thousand dollars right it did its whole 100x in 2017 so this year i feel like uh realistically this year eef has been a lot more healthier with the growth of decentralized finance with just the amount of stuff that's being built on top of ethereum not just ico's right because before it was just ico's it was very industry limited but now with how decentralized finance is moving and with all the exchanges on ethereum like with uniswap being on ethereum with that volume on ethereum i feel very optimistic about ethereum so i do feel like the next challenge for eef is to kind of pass its all-time highs and then it can really fly there are still risks though i'm not going to say um ten thousand dollars i think a lot of people say oh prediction ten thousand dollars once it passes that i would say that the the biggest risk to ethereum right now are the original eef ico all contributors so there's a huge kind of pile of eef both sitting in consensus and and fimbushi and and other big funds in china they were very early investors of ethereum so at what point do they cash out becomes a problem right so now it becomes much harder to estimate they haven't really shown their hands much um in this trading season i do know that the big funds that do hold a lot of ethereum there they're very conservative when it comes to trading so they haven't really revealed themselves but at what do they make an exit that becomes kind of the core point and that would kind of very much dictate where it moves because if they have a million eef sitting in their um accounts right and this is not unusual of big chinese funds and big western funds i mean consensus also holds a huge ton of um if at what time do they move that becomes the bigger question um there so anyways that's pretty much um um answering a lot of questions um yeah um um that's pretty much it uh in terms of it i definitely appreciate the comments coming in lots of comments we've got respected dumb guys big uh marco blases big fans from austin texas also just a side note as well something that i've been doing on this channel is that i've been doing um a few a few test videos um this is with um okay so we've got yesterday's video with the advanced tip and tricks on how to save ethereum gas fees but we recently as well we got some member only videos so if you guys want to join the membership we are going to test a new series of videos coming on so uh let's see let's see how do i view this i just need to play it i just need to okay so members only videos the recent one is funding rates explained so we kind of take a look um you can see me with the fancy glasses over there i'm trying to make a smarter series here but this is for members only and the experiment here is that we go and dive into kind of more complicated subjects right so with youtube generally speaking is for mainstream audience um uh something that i have to care about when making videos on youtube is the retention time how engaging it is and how easy it is for people to understand but there are topics in crypto that are extremely hard to understand but it's very important it kind of dictates the markets and one of the things is funding rates so i did a video part one on the videos for members only and i'm trying to get a lot of feedback on how to build content that is harder to cover so if you want to join membership you can actually access i'm trying to reply to everyone here that has like kind of feedback on these type of videos about harder to understand videos and maintain i'm kind of creating this special series just for the members it's a big thank you i'm not trying to really monetize as heavily because honestly you know uh it's a two dollar thing to join a membership but what it does give me the opportunity to do is to kind of focus on the people who really care on this channel i can give you a big big thank you as well to anyone who supported this channel i know for the longest time a lot of times the members they just contributed for fun right and people got the smiley face but i just wanted to give a little bit more value back to everyone there so that is coming on um box money members only section we're doing a little bit more content and i'm trying quite aggressively to kind of respond to the comments and kind of figure out what people want to watch what people want to see there so members kind of lots of stuff going on and big thank you to the members as well and with that guys i think that's um probably there we got at box money og king events only we'll take a look at this so members to split between um the basic membership the mini whales and the og kings there will be stuff that's given to og kings but for now it's like you guys are the the best uh i will say that so uh thank you jason for that og king events um definitely guys all g kings thank you guys big big big thank you for the contributions uh really really appreciate it um super super cool um guys coming in so yeah um uh llama666 i enjoyed being a new og king just for fun because i love the videos thank you guys so much for the support um really really appreciate that super respect and we got believe cryptos is glasses plus 200 iq do you guys believe this i used to wear glasses i used to have very very thick rim glasses um yeah because i'm a super nerd right but i got lasik um around nine years ago so but yeah glasses make me look smart absolutely um but yeah i'm like i'm like one of those guys i'm like super laser focused i'm like my eyes are like this people beep you know super nerd um i love that shit you can still see that when i talk about tech and stuff uh that's it um the typical game is your thoughts on mediation mediation of what i'm not sure uh thank you so much for the nation by the way uh mediation of what mediation there's a coin i have not seen that coin if there is but um yeah i'm not too sure um but yeah so yeah that was what back in the past um morning saint says do you have floaters yes i actually had two retinal tears one in each eye um yeah that was that was not pleasant so i actually see a lot of floaters um uh floaters are the things like when you kind of squint you see these things floating around um and there was a point where um i got my eyes checked so technically speaking if you like just offhanded if you guys have very strong um was it your if your eyes are really i have a strong i have both astigmatism and the other one but anyways um if you have high degrees on your eyes check for your eyes every like five years or something like they'll find like weird stuff in there and then if you have a retinal tear they have to do the laser thing to actually laser that in and make sure that doesn't tear yeah not cool you got popular like kim k that's why no glasses but yeah um cool cool uh jason woots is a hoodie or a t-shirt would be nice for super worlds absolutely man um let me get let me get that let me get working on that that would be cool um uh llama666 is um at box money that typical gamer asked about meditation do you like yoga so um yoga is weird i like i i like to want to do yoga but i'm very inflexible as a person so i had this whole um thing right so last year i spent not last year 2019 i spent a long time in bali um and i did go through like that kind of like spiritual thing right so for me i'm a science guy right i'm a very very scientific guy but i was like you know what let me just try like a little bit of meditation those ice baths like just stuff for the mind and spirit right like and again it's like like for me it's very interesting because like spirituality is very difficult for me to reconcile right but i do believe that you do need to relax sometimes and i mean those guys who meditate they they got a lot locked down so yeah so if i'm around people and i'm in a good environment i'll definitely try and um i definitely really enjoyed that but this year because i'm in hong kong i feel like hong kong it's like such a busy pace and that's the rhythm of hong kong i do that a lot less and i should so um you know i should definitely do some more stretches and stuff and be more healthy uh phoenix fire 291 says yoga is weird michael 2021 love you guys love you guys love you guys it's not weird it's just it's hard for me it's hard for me it's hard for me um we got hoodies we should get some hoodies right um yeah let's get some box money hoodies we got ty webb thank you for my so much bro for becoming a member of team crypto thank you um jason who says at box money my friend says he always sees you in gp gp super cool it's like the best hangout place in hong kong for crypto dudes right that's where i get all my information and you go upstairs and you got you get the real information but yeah that's pretty much it um but yeah thank you guys so much for watching today um it's been very very crazy this week especially from for everything going on um i'm glad you guys are around uh and you guys didn't die off because of the little dip that we experienced and with that guys thank you guys so much for watching this video and then smarks killed wrestling says at box money what color lambo should i buy that's a good question i would say blue i kind of like blue but also i think a lot of people if they really want to be flashy they go for red anything but yellow i would say but anyways with that guys thank you guys so much for watching today we should get some hoodies i'll try to order some hoodies soon guys thank you guys so much for watching we have the box money shirts that we've given out but no hoodie so we should get that suit so thank you guys thank you guys so much for watching we got all the mark carter says caveman number one man those like ice baths man they're so good you should you should try you should definitely try with that guys thank you guys so much for watching see you guys next time please i like to take the time now to tell you a little bit about everything that's happening in the box mining ecosystem first and foremost if you guys like listening to all that's happening in crypto on the go then i would highly recommend you checking out the box mining bitcoin out of the box podcast and the reason why it's called bitcoin out of 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 i just follow the new episodes when it's released next up we also have the box mining newsletter so this happens roughly bi-weekly we give you 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 yeah so So Thank you. Thank you. Hopefully it should look nicer with the lights on. But anyways, we'll try that in a future episode. I'm super excited to show you guys that. And also I'm super excited to be able to stream sitting down. Sometimes like it's been an hour of setting up. So I'm pretty tired of that. So I'll do some streams in the future, sitting down. It'd be fun. And we'll see how things go in the future. And yeah, thanks you guys so much for watching again. We've got a question that says, great. Grayson Strock says, is breakout good or bad? It's super good. Okay, it's super good. All right, guys. Thank you guys so much for watching. See you guys in the next stream.