WEBVTT 00:07.470 --> 00:16.530 The Monero-Topia Price Report segment is sponsored by XOLIX, a privacy-focused non-custodial instant crypto exchange. 00:17.650 --> 00:24.890 Go to XOLIX.com to enjoy secure and completely anonymous swaps with no KYC or Sino. 00:25.470 --> 00:31.430 Swap between Monero and 2000 plus assets at the most competitive rates and with no limits. 00:32.290 --> 00:35.530 XOLIX.com, your fast and secure way to privacy. 00:36.010 --> 00:42.550 Yeah, so here we go. We got the Monero price right in front of us. You can notice that it's been a pretty calm week. 00:42.670 --> 00:44.850 We've had a little bit of mild movement to the upside. 00:45.270 --> 00:51.970 We basically turned these wicks into more of a stable price and a go figure right at 150. 00:52.790 --> 00:57.630 Currently, you know, looking like maybe, maybe do we want to try and bust out back to the top side here? 00:57.990 --> 00:59.810 That's obviously what we would like to see. 01:00.590 --> 01:01.950 What I would really like to see. 01:01.950 --> 01:09.090 So it took us maybe, that looks like about two weeks to me where, you know, we had that crash, our last crash that happened. 01:09.490 --> 01:11.390 I can't remember what drove this one in August. 01:12.150 --> 01:16.510 But anyways, yeah, we crashed down for a moment, took about two weeks, and then we came back towards the upside. 01:16.750 --> 01:23.210 So it would be cool if we crashed down here and then presently in the next day or so start making our way back up. 01:23.510 --> 01:31.030 That would effectively imply that we have demand that, because crack and delisting across the entire EU. 01:31.950 --> 01:34.970 That's a big deal in terms of the news cycle, right? In terms of the hype. 01:35.570 --> 01:46.030 So for us to crash down and quickly recover the price, even more quickly than back here, that kind of speaks to the power to the volume buying what's happening. 01:46.210 --> 01:50.330 People are like, nope, they don't care. If Menera crashes, everyone's happy because they're just going to buy more. 01:51.070 --> 01:55.110 And the liquidity has got to be low enough on these exchanges that it forces the price back up. 01:55.110 --> 02:06.950 So currently stablecoin price is 150. There will come a time this will get revaluated and our stablecoin price will eventually sit something closer to the 250-500 area. 02:07.290 --> 02:09.690 Does anyone's guess as to exactly when that happens? 02:09.970 --> 02:15.650 But some, you know, probably something about the next liquidity expansion will be that moment that that happens. 02:16.050 --> 02:21.370 So you can see we've still got our price predictions here going looking forward to Mineratopia in about a month. 02:22.070 --> 02:30.790 I called 182, I guess, because I'm a negative Nancy. I'm just not bullish enough tucks coming in with prices right rules just to defeat me at 187. 02:30.850 --> 02:35.410 It looks like in a dug called for 202, which would have been like a big way back here. 02:35.790 --> 02:42.350 So yeah, I guess everything looking pretty stable, pretty normal here on the Minera versus US dollar price. 02:42.690 --> 02:48.670 As far as related to Bitcoin, yeah, we had that big, we had the big fall off, you know, obviously same deal, crack and delisting. 02:48.670 --> 02:50.750 And we've kind of been moving towards the upside here. 02:51.370 --> 02:55.730 Later, we'll look at Bitcoin and you'll see that it has actually been falling just a little bit itself. 02:56.110 --> 03:00.810 So cryptocurrency has been, I don't want to say languishing, but probably languishing is right. 03:00.950 --> 03:03.250 It's just nothing happening, maybe a little bit of downward action. 03:04.870 --> 03:06.670 Yeah, we, nothing else. 03:06.910 --> 03:09.750 Oh, you know, let's look at the Bitcoin, sorry, Minera versus Ethereum price. 03:10.510 --> 03:17.270 Yeah, so we basically, we are now solidly back inside of the very large standard deviation area. 03:18.810 --> 03:26.370 Overall, as a coin has not been performing anything impressive, nothing that you would look at and, and write home, write home about. 03:26.670 --> 03:30.370 So yeah, we've basically gotten back into the, into the large standard deviation structure. 03:30.690 --> 03:35.710 Maybe we can expand this chart just a little bit, make it slightly easier to see. 03:35.950 --> 03:37.550 Yeah. Okay. So we're on the three day chart. 03:37.670 --> 03:42.010 You can look down here at the bottom for your reference of time 2022 right here. 03:42.110 --> 03:43.390 Let's even zoom more. 03:43.390 --> 03:47.810 Okay. So yeah, you can see there's the standard deviation structure from there, Minera versus Ethereum. 03:48.050 --> 03:51.830 You'll notice that the bands widened as Minera price dropped down. 03:52.070 --> 03:54.530 That's, that's classic Bollinger band as it's called. 03:54.930 --> 04:01.450 I don't know why the dude had to call it Bollinger bands, you know, just to sound cool or something rather than standard deviations, whatever. 04:01.990 --> 04:05.030 Anyways, we are now back solidly in that lower standard deviation. 04:05.290 --> 04:07.450 You'll notice it's starting to curl flat there. 04:08.270 --> 04:09.570 That's, that's a good sign. 04:09.570 --> 04:20.150 Um, you know, and I do wonder in terms of when the liquidity expansion kicks off, probably Minera should go up with the rest of the market this time. 04:20.670 --> 04:23.950 We'll have to see maybe they've still got tricks up their sleeve. Certainly they do. 04:24.270 --> 04:28.710 But for the moment, this looks like a good stabilization on a long term basis. 04:29.230 --> 04:33.890 In terms of, you know, okay, we had, we had the drop out and then now things have basically come back. 04:33.890 --> 04:40.150 You'll really, what you'll notice is that at that peak here, that's effectively our pre crash price versus Ethereum. 04:40.710 --> 04:45.170 So, um, I mean, what you really want to see is some stabilization and then moving towards the upside of that band. 04:45.270 --> 04:51.850 If you want to say that, that Minera is going to really start outperforming Ethereum for the long term, we'll probably come a day that that does happen. 04:52.010 --> 04:55.810 I have no predictions for you here today on whether that is sooner or later. 04:56.090 --> 05:02.390 So, um, yeah, with that, that's probably most of the Minera price Minera versus gold, nothing really changed here. 05:02.850 --> 05:04.850 Gold still strong, still doing pretty well. 05:05.810 --> 05:12.090 Looking at our overall stable coins, we got Zano here, always in the top left quadrant, number one for us, I guess, apparently. 05:13.430 --> 05:18.630 Yeah, so we still have this kind of pendant formation hanging out at the top of that pendant. That doesn't necessarily mean anything. 05:19.450 --> 05:22.870 It does suggest slightly more strength than, than weakness. 05:24.270 --> 05:32.470 You really, you know, you really kind of think that, hey, you kind of want to test one more time if you're going to like try to go to the upside here. 05:32.650 --> 05:38.910 I mean, things can just break out for no reason at the right, but let's just go ahead and draw a splitter there and do some dubious technical analysis. 05:39.850 --> 05:46.130 So you can see we've got the splitter right there and the splitter is kind of a useful metric for you because it often gives you a good place to look. 05:46.910 --> 05:57.450 If, like in this case, if this coin is going to be bullish, you would want to see it do something like maybe test that splitter there, you know, kind of do this, maybe make a wick above, right? 05:57.610 --> 06:03.490 Maybe test the splitter again and do something like that. And that's, that's usually like good price action. That's totally hypothetical. 06:03.810 --> 06:12.870 Just kind of giving you guys a feel for things you might look for if you're, if you're trying to get a coin that's, that's about to break out that you think is, you know, setting up to break out to the top side. 06:13.290 --> 06:19.650 It doesn't always play out like that. But, you know, anyways, FIRO, I don't know if I've been mispronouncing it. I call it FIRO. 06:20.530 --> 06:27.950 Maybe I've just got a weird accent or something. Yeah, this thing is still consolidating. At this point, you would almost even try and draw some lines that look like this. 06:28.370 --> 06:29.350 Let's get rid of the dots. 06:30.630 --> 06:33.650 Maybe try and draw some line that looks something like that. 06:34.230 --> 06:39.930 Right. So this technical pattern doesn't necessarily tell you that it's going to go up or down. 06:39.930 --> 06:43.650 It's really just a narrowing volatility pattern. 06:46.950 --> 06:52.390 Probably this thing will go the direction the rest of the market goes. So if the rest of the market breaks down, it too will break down. 06:52.510 --> 06:56.170 If the market starts pumping, then FIRO will start going towards the upside as well. 06:56.830 --> 06:59.370 Pirate chain, nothing has changed here. Lots of oscillation. 07:00.350 --> 07:03.290 That would be funny if this oscillation started dying down. 07:03.290 --> 07:12.010 That would probably mean that one of you chads out there that was listening was like, yeah, let me just trade the oscillations, which would have the tendency to dampen the oscillations, 07:12.350 --> 07:16.510 especially if you were leveraging it for all of the liquidity that was available there. 07:17.330 --> 07:21.290 Let's see. Darrow just stepping, stair stepping towards the downside. 07:22.110 --> 07:27.730 The inevitable march towards death. I can't see how Darrow is going to be relevant at all ever again. 07:27.730 --> 07:34.490 But okay, whatever. And then Zcash, wow, pumping. Okay, Zcash, Zuku have you been shilling hard lately? 07:34.650 --> 07:38.810 Maybe it was Barry Silver, who knows? But yeah, they just pumped 50% in the past. 07:39.190 --> 07:41.770 Those look like about eight days, week and a half maybe. 07:43.750 --> 07:48.370 So I guess Zcash, good on you guys trying to show some strength, whatever. 07:49.370 --> 07:52.090 I don't think we believe you that much, but you know, why not? 07:52.090 --> 07:57.730 Okay, going towards the broader analysis, starting with Bitcoin, obviously. 07:58.370 --> 08:02.370 Like we said, language, basically, and that's kind of story for the whole week. 08:02.450 --> 08:04.210 Nothing really changed from this week to last week. 08:04.310 --> 08:08.650 It's kind of like things sort of just leveled off in a holding pattern. 08:09.030 --> 08:09.990 And I guess that makes sense. 08:11.430 --> 08:17.390 You know, if you're, I don't believe the election theater that much, but you know, they do play theater. 08:17.390 --> 08:24.010 It is a theater, right? So on the one side, they've got to do certain things because they're doing the actions and then they get to get to do the same thing on the other side. 08:24.010 --> 08:27.170 And there's a lot of true believers in the theater that think it's actually real life. 08:27.290 --> 08:37.790 Okay, whatever. From the context of the theater, if you're a Democrat, if you're the current administration, you really want to hold the markets level and study until the election. 08:37.990 --> 08:41.950 If you can't, right? You don't want, you don't want things to the bottom to just fall out. 08:42.730 --> 08:49.210 At least if you wait until after the election, you can say, oh, the nation is panicking because the E-monsters getting elected, right? 08:49.550 --> 08:51.490 Because they know they're going to lose. Like Trump's going to win, guys. 08:51.670 --> 08:57.770 I think everybody's starting to, this is starting, they're starting to realize this, which we knew immediately when the fake sanitation attempt happened. 08:58.190 --> 09:03.090 And we said, no, this is, this is the anointing by God of Trump to be, you know, to lead America back to greatness. 09:03.330 --> 09:11.770 Of course, obviously. Oh, and by the way, they, listen, when the CIA wants you dead, they put two, three backup shooters behind the patsy to make sure that the job is done. 09:11.950 --> 09:19.530 Oh, and if he really was a threat and they really needed to take him out, they would have just heart attacked him or they would, you know, they would have given him some, they could have done something far more covert. 09:19.530 --> 09:24.530 That would be less inflammatory for the nation and eliminate the problem, right? That's like racing. 09:24.830 --> 09:27.930 Have you ever watched Breaking Bad? Yeah, they're exactly right. 09:28.250 --> 09:32.850 There's a number of things they could have done to just take this guy out if he was really a threat and they would have done it. 09:32.890 --> 09:39.310 And it wouldn't have been with the uproar of everyone else being like, hey, we, now we have to fight, fight, fight, right? 09:39.310 --> 09:43.110 Like that wouldn't, that's just too, it's too theatrical, it was just too much. 09:43.190 --> 09:46.210 And the more I thought about it, I'm like, no, that's not how the CIA operates. 09:46.310 --> 09:47.590 Look at every freaking assassination. 09:48.130 --> 09:51.230 There's always a second shooter, a third shooter, magical bullets, right? 09:51.610 --> 09:55.190 Like from the Vegas shooting to John F Kennedy, it's just always been like that. 09:55.290 --> 09:57.210 So that they wouldn't have missed. 09:57.330 --> 10:00.470 There would have just been some oddities about, you know, some magic bullets, maybe. 10:01.230 --> 10:02.990 So, which means that it was intentional. 10:03.150 --> 10:04.570 They wanted that theater to happen. 10:04.570 --> 10:06.290 So anyways, Trump is the win guys. 10:06.450 --> 10:08.430 Like just go bet on it. You probably make money. 10:08.570 --> 10:09.250 I'll thank me later. 10:09.850 --> 10:13.070 Okay. So anyways, Bitcoin is languishing here, expected to continue languishing. 10:13.210 --> 10:16.890 I don't see any reason why Bitcoin should suddenly break towards the top side here. 10:17.290 --> 10:19.830 There's actually a thing that happened interesting this past week. 10:20.630 --> 10:25.410 The Supreme Court declined to hear a case about selling 69,000 Bitcoin. 10:25.690 --> 10:30.950 So it was, there was like a California, I think it was a California court that had ordered the sale. 10:31.170 --> 10:32.870 Or maybe it was like the ninth circuit. 10:32.870 --> 10:36.430 I don't remember which numbers of circuits correspond to which states or areas. 10:36.830 --> 10:40.090 Anyways, they had ordered the sale of 69,000 Bitcoin. 10:41.190 --> 10:42.930 Maybe it was, I think it was the Silk Road Bitcoin. 10:43.250 --> 10:44.050 I'm not totally sure there. 10:44.310 --> 10:46.070 But anyways, it was 69,000 Bitcoin. 10:46.670 --> 10:50.030 Great number for Bitcoin and Elon Musk. 10:50.750 --> 10:54.230 And so there was an appeal that was going to go to the Supreme Court that says, 10:54.290 --> 10:56.490 no, you can't sell these Bitcoin for, I don't know, whatever reasons. 10:56.810 --> 11:00.070 The Supreme Court declined to hear that case in their upcoming round of cases, 11:00.070 --> 11:03.370 which means that basically that Bitcoin can now be sold. 11:03.870 --> 11:07.190 So it's an open question of will it get sold because if Trump's going to win, 11:08.110 --> 11:14.710 then may he'll follow up on that whole strategic reserve and transferring those to the Treasury Department, 11:15.090 --> 11:19.210 which would be, I mean, no matter how you slice it, that's a win for Bitcoin bros. 11:19.350 --> 11:23.270 That's a win for some of their predictions about the integration of Bitcoin into the system, 11:23.270 --> 11:29.150 which also doesn't surprise us in the slightest because you're like, yeah, of course they want to integrate that into their system. 11:30.150 --> 11:32.650 They want Daddy Trump to give them the fake pump. 11:33.930 --> 11:36.230 Yeah, that's a great way to put it. 11:36.230 --> 11:40.490 Oh man, put that in your journal guys and read it tomorrow. 11:42.170 --> 11:46.210 Yeah, so I don't think that should have any major effect on the price. 11:46.450 --> 11:50.370 It would be interesting if the lame duck administration sells that shit off quickly, 11:50.630 --> 11:58.590 so just to prevent the last FU to the incoming administration, that could definitely happen. 11:58.590 --> 12:01.410 And it would be like maximum entertainment. 12:01.510 --> 12:02.530 So I kind of hope it does happen. 12:03.010 --> 12:06.090 I'm not sure how much it would really affect the price, probably not that much guys. 12:06.150 --> 12:08.830 I just kind of be like, oh, okay, no big deal, right? 12:08.930 --> 12:13.970 It wouldn't be a terrible, terrible situation because all of the bullish momentum, 12:14.450 --> 12:19.730 you know, of the pro-crypto president coming into office would probably mostly offset that sale. 12:21.090 --> 12:24.110 So, and they've got, I mean, plus they've got ways and means guys. 12:24.250 --> 12:26.890 They've got mesems to keep the market generally where they want it. 12:26.890 --> 12:31.890 They've, like, they have finely tuned mechanisms to do that kind of thing. 12:32.210 --> 12:37.050 Anyways, but big broad picture here is that Bitcoin is still trending along these, 12:37.290 --> 12:41.330 effectively the standard deviation and our pleb lines, right? 12:41.430 --> 12:45.810 So it's kind of like sort of all of our analysis here from the technical standpoint, 12:45.850 --> 12:50.070 really does point towards this sort of continued sideways chop for some period of time. 12:50.670 --> 12:54.750 I'm expecting that will break again with liquidity 12:54.750 --> 12:57.430 when the next liquidity expansion happens. 12:57.890 --> 13:03.070 It's, I mean, again, like we've talked about this, if there is a crash and a subsequent liquidity expansion, 13:04.050 --> 13:07.770 that's the time to literally take loans and then put your money into high beta, 13:07.830 --> 13:10.990 which means high volatility, high risk, high reward assets. 13:11.290 --> 13:15.170 It's just free money, it's just guaranteed free money basically. 13:16.270 --> 13:18.070 Okay, so let's go take a look at some shitcoins here. 13:18.370 --> 13:20.790 FTT hit pump for a while, seems like it's pulled back. 13:21.690 --> 13:26.390 Probably still has, we're not going to really look at the US dollar price on FTT, 13:26.750 --> 13:30.090 but the next big winner here would be Avax. 13:30.190 --> 13:33.090 Looks like Avax has had a good pump here for the last two days. 13:34.170 --> 13:36.870 So yeah, Avax is, I like the idea of Avax. 13:36.970 --> 13:38.310 I'm not sure how much it's going to catch on. 13:38.410 --> 13:42.750 It seems like Seoul has captured the soul of degenerate pump gains, 13:43.370 --> 13:46.270 mostly because it's just a mean platform, right? 13:46.670 --> 13:48.530 In fact, Seoul has taken a lot from Ethereum. 13:48.530 --> 13:52.270 Ethereum could have been doing a lot better except for Seoul took a lot of that thunder. 13:53.210 --> 13:55.710 And it makes sense, the new thing, the shiny thing, 13:56.630 --> 13:58.370 at least one of those usually sticks around. 13:58.690 --> 14:00.670 So Seoul was the one that is apparently sticking around. 14:01.190 --> 14:02.830 Is there anything legitimate on Solano? 14:03.530 --> 14:04.430 Anything with what? 14:05.110 --> 14:06.730 Anything legitimate on Solano. 14:07.310 --> 14:08.890 Oh, Tether? 14:11.730 --> 14:13.750 Tether's probably the most legitimate thing on Solano. 14:13.750 --> 14:15.690 Also questionable, that's hilarious. 14:17.190 --> 14:22.230 Maybe USDC if we wanted to try and convince ourselves of something. 14:23.190 --> 14:24.270 There's got to be something. 14:24.510 --> 14:26.970 Maybe there's like a gold deck token from PAX. 14:27.210 --> 14:31.030 Gee, I really, I haven't really investigated what's actually on Solano. 14:31.270 --> 14:33.510 I just know that the meme people, the meme bros are there. 14:34.030 --> 14:38.430 So yeah, let's see. 14:38.630 --> 14:42.670 Avax is cool because it's got this like, this DAG, like DAGs, 14:43.650 --> 14:45.130 directed asyclic graph. 14:45.870 --> 14:47.650 And it actually apparently works pretty well. 14:48.030 --> 14:48.830 They've got all these subnets. 14:49.510 --> 14:54.810 They could hypothetically reimplement just about any coin on their network as a subnet, 14:55.390 --> 14:58.250 which, you know, someone said, hey, we could probably do Monero. 14:58.390 --> 15:00.150 I was like, you could, but kind of, 15:00.150 --> 15:05.390 kind of lose the point of having the big broad fungibility of the entire network. 15:05.530 --> 15:07.310 Like it's, it's a privacy layer. 15:07.510 --> 15:10.510 And we've seen that privacy layers and protocols will get attacked. 15:10.510 --> 15:13.730 So your entire network needs to be a privacy protocol itself. 15:14.670 --> 15:16.250 Yeah, but anyways, it's an interesting chain. 15:16.370 --> 15:17.090 It might be scalable. 15:17.770 --> 15:19.490 They've got some cool tech, whatever, I guess. 15:20.310 --> 15:22.750 Probably though, you know, pump with the rest of the market in the next, 15:22.890 --> 15:25.810 in the next big liquidity expansion because they were, 15:26.450 --> 15:30.870 to me like Sol, Avax, even FTT to some extent. 15:31.270 --> 15:33.630 These coins are not OG coins. 15:33.790 --> 15:35.810 They came about before the last bull market. 15:35.890 --> 15:37.790 They had good performance in the last bull market. 15:37.790 --> 15:41.870 And so they've got like, they've got this nice sweet spot of where people know what they are, 15:41.950 --> 15:44.830 and they've got the higher risk, high reward, and people know that. 15:44.930 --> 15:47.950 And so that's a lot of money is going to flow there because of that. 15:48.010 --> 15:49.730 And it performed well last bull market. 15:49.870 --> 15:52.410 So there's going to be like decent amount of performance of these coins in the next. 15:53.410 --> 15:56.770 There's like a very high probability of a decent amount of performance of those coins. 15:57.370 --> 16:00.310 The old stuff, for the most part, by and large, 16:00.470 --> 16:02.310 the old stuff doesn't like to perform that well. 16:04.810 --> 16:07.430 You know, like, what would be an example? 16:07.690 --> 16:12.590 Like when's a good example of old stuff that you really can't expect to kind of perform all that well. 16:13.190 --> 16:16.790 I mean, yeah, it'll perform, but just relative to what Sol is going to do, 16:16.910 --> 16:19.290 or Avax is probably not going to do as well. 16:21.930 --> 16:22.690 Sorry, excuse me. 16:23.430 --> 16:25.690 So in a relative sense, you want to go for those coins that are new, 16:25.830 --> 16:27.650 but not too, too new. 16:27.770 --> 16:30.170 The new stuff obviously has the best chance to gain the most, 16:30.170 --> 16:33.830 but unless you really know what you're doing, unless you really understand the market, 16:34.190 --> 16:37.090 it can be harder to choose to pick the winners of the coins that are, you know, 16:37.130 --> 16:39.210 just a year old or two years old. 16:39.690 --> 16:43.690 So yeah, that's just kind of again, some ranting on how to think about shitcoins 16:43.690 --> 16:48.250 and which ones you want to put your money in, you know, put your money in safe shitcoins, 16:48.530 --> 16:50.470 not sketchy shitcoins. 16:51.710 --> 16:57.150 Man, who thought that that would ever be happening be said on the Mineratopia Press Report. 16:57.810 --> 16:58.330 Anyways. 16:59.050 --> 17:01.050 Okay, so we've got the Bitcoin dominance here. 17:01.170 --> 17:02.430 It continues to march up. 17:02.530 --> 17:04.710 It's actually now cleanly broken above. 17:05.270 --> 17:09.230 It's sort of like a very obvious spot that we had from last cycle. 17:09.570 --> 17:11.790 We could probably drop another horizontal line there and say, 17:11.830 --> 17:16.070 okay, well technically at the moment it's kind of occupying that zone. 17:16.790 --> 17:19.430 But in general, this thing just continues to rise. 17:20.130 --> 17:23.510 So like I've said for a while, I don't exactly have great opinions 17:23.510 --> 17:26.070 on where this thing is ultimately going. 17:27.710 --> 17:30.210 That would be how you might try to draw the lines right now. 17:30.290 --> 17:35.550 You could say that this is sort of, you know, the dominance chart is starting to level off just ever so slightly, 17:35.630 --> 17:38.730 but there's no reason that these top lines have to hold at all. 17:40.010 --> 17:43.870 And the other thing too is that typically when it's time to kick off the bull market, 17:43.870 --> 17:49.850 they will clearly smash Bitcoin towards the upside to tell everyone, hey, 17:49.990 --> 17:52.870 you can be comfortable now that we've cleanly made new all-time highs 17:52.870 --> 17:54.150 and it's time to go. 17:54.310 --> 17:58.370 And then everyone's just going to be yoloing everything first into Bitcoin, 17:58.770 --> 17:59.690 and then into crypto. 18:00.050 --> 18:03.990 And you'll notice that's exactly what happened right here in the fall of 2020. 18:04.590 --> 18:08.670 So timing-wise, for your cycle-wise, we're basically at that same moment right here. 18:08.790 --> 18:09.810 We're in the fall of 2020. 18:10.610 --> 18:14.290 So it wouldn't even be surprising to watch this thing go to the top side like that 18:14.290 --> 18:16.950 and we'll have to endure for some period of time all the maxis. 18:17.230 --> 18:19.190 What kind of period of time would this look like? 18:19.190 --> 18:22.890 We will have to endure for maybe, oh, wow, 24 weeks. 18:24.090 --> 18:26.150 For maybe half a year, we'll have to listen to the maxis, 18:26.230 --> 18:29.390 talk about hyper-Bitcoinization again and get them all out of the woodwork 18:29.390 --> 18:32.450 and maybe they're part of the necessary liquidity to just smash the whole market 18:32.450 --> 18:37.750 towards the upside, but you can bet that after some bump to the upside, 18:37.830 --> 18:40.890 it'll come back down again and shitcoins will perform for a period of time. 18:41.050 --> 18:45.210 It's just the cycles, it's the circle of life, the ebbs and flows of cryptocurrency. 18:46.710 --> 18:49.750 Okay, I guess it's about all we need to talk here about crypto. 18:50.210 --> 18:52.250 Like I said, there's really not much to talk about today. 18:52.330 --> 18:53.870 Oh, we forgot about Minera transactions. 18:54.050 --> 18:55.470 Not that that's really changed much. 18:56.050 --> 18:59.450 Yeah, 25,000, maybe slightly on the downside of that. 18:59.510 --> 19:02.310 So maybe like 23,000 on average here for the past week. 19:03.130 --> 19:05.770 Looks like Doug maybe trying to come in for an update. 19:06.090 --> 19:08.930 Let's see. Hey, Doug, what you got for us? 19:09.030 --> 19:13.990 Hey, I'll just say we got to remember to judge the memes. 19:15.510 --> 19:17.410 Today. Oh, that's a shoot. That's right. 19:17.770 --> 19:20.030 Yeah, we have the memes contest going on. 19:20.130 --> 19:21.770 Judge the memes. That's correct. 19:22.290 --> 19:24.690 Maybe after we get Zino. 19:25.010 --> 19:27.950 Yeah. Zino, we could do it after that. 19:29.050 --> 19:31.530 Zino could even participate if he'd like to be there as well. 19:32.470 --> 19:35.650 Zino's got his pulse on the meme culture, I believe. 19:35.910 --> 19:38.770 Yeah, exactly. If he didn't submit, I don't know. 19:40.270 --> 19:42.450 But yeah, I just want to get that word out on that. 19:43.250 --> 19:46.530 Also, I mean, I think Tony had mentioned it to the Copa Monero 19:46.530 --> 19:49.930 semifinal game tomorrow. Let's just keep talking about that. 19:50.190 --> 19:51.530 Oh, yeah. Yeah, yeah. 19:51.710 --> 19:53.670 Tony mentioned it in his news. 19:54.470 --> 19:58.090 And what time? 1pm Eastern, I believe, right? 19:58.230 --> 19:59.190 I believe so, yeah. 19:59.530 --> 20:01.810 Yeah, there'll be two games played back to back. 20:02.350 --> 20:04.390 So tune in and once again, spread the word. 20:04.590 --> 20:10.430 But yeah, meme contest coming up once we have Zino up on stage 20:10.430 --> 20:12.550 after we do the special guest. 20:13.310 --> 20:16.970 Awesome. Any comments for Body? Let's see. 20:19.430 --> 20:23.750 Secretary Boudicic says they met John Bollinger in 2000. 20:24.650 --> 20:29.030 I figured Bollinger Bands was just someone's last name, Bollinger, right? 20:29.570 --> 20:31.110 Unless this is total troll. 20:31.690 --> 20:32.270 Okay, maybe it's real. 20:32.670 --> 20:36.670 He seemed too humble to have named the indicator after himself. 20:37.210 --> 20:38.890 It was probably someone else's idea. 20:41.550 --> 20:42.510 Hmm. Okay. 20:43.450 --> 20:44.310 Maybe perhaps. 20:44.810 --> 20:47.350 Chapter 4 dollars. No comment. Thank you, private tip. 20:52.010 --> 20:52.490 Interesting. 20:53.350 --> 20:56.850 Well, nice private, very, very private, very generous. 20:58.990 --> 20:59.830 Yeah, I don't know. 20:59.910 --> 21:02.510 I thought maybe it was just like his marketing team or something. 21:03.130 --> 21:03.570 Who knows? 21:05.410 --> 21:07.930 But yeah, we'll cover the macro and then we'll, 21:08.890 --> 21:09.710 exit stage left. 21:10.490 --> 21:12.250 So nothing big happened here. 21:12.410 --> 21:14.570 We had the dollar index move to the upside a little bit. 21:15.470 --> 21:21.210 Gold had a little dip and then came back to its basically to its all-time high price here over the week. 21:21.390 --> 21:23.030 So really overall no movement there. 21:24.710 --> 21:25.890 Reverse repose flat. 21:26.790 --> 21:28.550 So liquidity basically staying the same. 21:29.170 --> 21:36.110 The only thing that I would say here is that US oil managed to keep itself inside after like kind of breaking on this line. 21:36.110 --> 21:39.050 Has kept itself, got back and kept itself up here. 21:39.290 --> 21:40.690 Still though, like that's not good. 21:40.770 --> 21:47.470 Like in terms of, you know, the price of oil, you, you typically don't want to see something break down, you know, and then, and then do this. 21:47.810 --> 21:55.810 Sometimes, you know, that can be like a fake out before it smashes to the upside, but this needs to smash the upside in short order if it's going to prove that it's going to do that. 21:55.950 --> 22:02.030 Because otherwise going down here and then kind of languishing and then breaking back down again, that's, that's bad price action. 22:02.030 --> 22:06.910 But that is the kind of price action that you would use if you're trying to hang on and prevent something from happening. 22:07.070 --> 22:10.190 You're like scrapping for every little like, ah, here's the break. 22:10.350 --> 22:10.850 Nope, nope, nope. 22:10.910 --> 22:11.730 It's not quite breaking down. 22:11.850 --> 22:12.870 And then like, oh, it's down there. 22:13.130 --> 22:14.290 Oh, no, wait, maybe it'll right. 22:14.450 --> 22:20.610 Like that's the kind of for people that are trying to control assets for social reasons and other reasons that they do those kinds of tricks. 22:20.690 --> 22:22.610 You see that kind of like breakdown pattern. 22:23.350 --> 22:31.830 So anyways, I'm not saying that, you know, well, what I am saying is that if we see oil breakdown, that's again a closer. 22:32.030 --> 22:34.150 Line of a more eminent crash coming up. 22:34.330 --> 22:37.090 So at the moment, not, not exactly here yet. 22:37.130 --> 22:40.970 But again, you know, the target window here is effectively November to January, right? 22:41.070 --> 22:44.350 Like that's our, that's our target window for expecting some kind of big crash right here. 22:44.410 --> 22:46.570 That's my highest probability window at the moment. 22:46.970 --> 22:48.310 Maybe it doesn't happen that soon. 22:48.530 --> 22:49.310 I could be wrong. 22:49.550 --> 22:52.230 The crashes is coming like there is some problem coming. 22:52.450 --> 22:59.150 These, you know, we can look at bonds and we know that, hey, the yield curve is uninverting and as I already started lowering rates. 22:59.590 --> 23:00.910 They don't have a meeting this month. 23:00.910 --> 23:02.250 I think they have another meeting in October. 23:02.430 --> 23:04.250 So curious to see what they do next month. 23:04.930 --> 23:07.090 Although bonds did kind of continue to come this week. 23:07.190 --> 23:08.130 So you'll notice that. 23:08.630 --> 23:09.710 Well, actually, I'm sorry. 23:09.810 --> 23:10.390 That was last week. 23:10.590 --> 23:13.030 Bonds have largely remained flat this week. 23:13.170 --> 23:16.530 So again, this week has just been basically no change across the board. 23:16.790 --> 23:19.130 There's just really not that much to talk about. 23:19.850 --> 23:22.610 I guess we had some, we had some CPI numbers. 23:22.930 --> 23:23.670 So inflation numbers. 23:24.210 --> 23:27.710 The CPI came down, but the core inflation bumped up, which I thought was interesting. 23:27.710 --> 23:31.870 That's actually not a good sign for core inflation to have bumped up. 23:32.350 --> 23:37.730 That could affect the Fed's decision, whether they want to lower rates again or not next month. 23:38.190 --> 23:40.590 But the CPI came down just a little bit. 23:41.850 --> 23:43.090 So I can't remember. 23:43.210 --> 23:44.170 One of them leads the other. 23:44.330 --> 23:51.610 I felt like, I feel like the core inflation tends to be more stable and then the, the CPI will often sort of oscillate around it. 23:51.610 --> 23:54.430 So like you'll notice here, the core inflation stayed high. 23:54.530 --> 24:01.210 And even though the CPI came down for a little bit, 2015, 2016, it ultimately came back to match the core inflation. 24:01.690 --> 24:05.310 So for the meantime, there's this kind of divergence happening there. 24:05.930 --> 24:08.230 Who knows what the Fed will decide that means. 24:10.210 --> 24:11.790 Yeah, nothing else, nothing else happened. 24:11.890 --> 24:12.610 Let me check my notes here. 24:12.710 --> 24:13.590 I thought there might have been. 24:15.230 --> 24:16.590 I guess nothing really. 24:17.890 --> 24:19.710 Yeah, nothing else really to talk about here today. 24:19.710 --> 24:22.410 So yeah, with that, let's hear what Zena's got to say. 24:23.950 --> 24:27.170 All right. Thank you as always, body for the price report. 24:27.810 --> 24:30.510 Looks like it's been a little bit sideways over the past couple of weeks. 24:30.670 --> 24:31.450 Nothing too crazy. 24:32.390 --> 24:38.370 Yeah, imagine we'll get more crazy during the election, the, the vote harder. 24:39.370 --> 24:42.090 And apparently if you vote hard enough, you'll make a change election. 24:42.470 --> 24:45.730 So with that being said, they've gotten stored. 24:45.730 --> 24:50.970 They might have something stored for us like entertainment wise theater wise was as the election draws close. 24:51.090 --> 24:55.830 Hillary Clinton was out there making suggestions about craziness that's about to happen. 24:56.070 --> 24:57.290 That will surprise us all. 24:57.570 --> 24:58.990 So what do you got for us? 24:59.390 --> 25:07.810 Truly is just entertainment and not actual major events that we have to deal with again. 25:08.490 --> 25:08.750 Yeah. 25:08.750 --> 25:09.870 Oh, duck tuning it again.