 Welcome to the Bullen Bear Show, episode number five with my co-host, Blaze. How are you doing today, Blaze? What's up, brother? Man, fantastic weekend, hope you had a fantastic weekend. I had a fantastic weekend and it was an amazing week for news, so much news this week. And I just want to welcome everybody to the Bullen Bear Show, episode number five, where we talk about what is bullish in the market, what is bearish in the market, and what is trending in the market. And everybody should go and subscribe to Blaze on YouTube. He's one of the largest, if not the largest, broadcaster on an app called LiveMe, where I go as well, and we talk about all kinds of different trending events. We talk about crypto, we talk about Bitcoin, we talk about stocks. We talk about trending topics over there, so feel free to go and subscribe to Blaze. His link is in the description of the video. Here on YouTube, we're going to blow him up on YouTube like he's blown up on LiveMe. And Blaze, you excited about all the different topics we got this week? Oh yeah, absolutely. All right, brother, so let's get right into it. Topic number one, and this is a big one. This is a very, very, very big, big topic being talked about all over the world. Here it is, the big fight, the biggest fight. Some are saying ever. Here it is. Elon Musk is going to fight Mark Zuckerberg in a cage match in the UFC, and Dana White has already confirmed that both parties have agreed to this fight, and Dana White has said this will be the biggest fight in the history of sports. What do you think about this, Blaze? I have to agree because the, you know, I mean, the wealth of these two. Crazy, right? Yeah, I mean, Mark Zuckerberg and Elon Musk, two huge icons in the business world. That's right. And you're talking about META, which was previously Facebook, and Tesla, two of the biggest, most powerful influential companies in the world, and their CEO saying, you know what? We don't really like each other in business. So why don't we take it out in the cage in the UFC, mono and mono? I think it's wild. This is going to be wild. It's going to be interesting. Who's, who's your pick? Who do you think is going to win? I got to go with Elon Musk. Yeah, I'm going to go with Elon Musk too, mainly because of his size. I think that walrus flop might do it, you know? So Elon actually said he's got a move called the walrus where he literally just lays on top of you and rolls on you. He pulls the walrus off, bro. He pulls the walrus. Now Elon has already come out and said that, you know, because Elon is six, six one one eighty and Mark Zuckerberg is five, seven, one fifty four. So it's not really a fair fight, but Elon is much older than Mark Zuckerberg. So maybe Mark Zuckerberg has a little bit of an advantage there. And Mark Zuckerberg recently won a gold and a silver medal in Jiu Jitsu competition. I believe I believe it was a Jiu Jitsu competition. It might have been a different type of martial arts competition, but he did win a gold and silver recently. So he's feeling good about himself. He's feeling confident, but Elon Musk believes he can beat Zuckerberg. I'm going to go with Elon because he's just bigger. And I think it's a little bit unfair, actually, that they're going to fight when one is in a different weight class. So I don't know if they're going to have to cut weight and try to get into the same weight class to make it fair. I just don't see how Elon Musk can lose like 30 pounds, right? No, not at that age, not that quick. Let me ask you a question. Will you watch this fight? Mm hmm. I'll pay for it, too. Yeah. I'll be watching this fight 100 percent. This is like a fight for me that will be a must. I'll pay up to 100 bucks to watch them. Yeah. This for me is a must watch fight. I think it's one of those fight of the ages. Never in my life have I ever seen two CEOs go at it. I think that's going to be very interesting. It's going to bring the sport world and the business world together. I think more so than any other event in the history of combat sports. So I think it's something that everyone should be looking at. Everyone should be talking about. I think it's really, really big. And I think it's really exciting. And I think it's going to be a lot of fun. And Dana White loves the match. He's already got t-shirts made and he's talking about it and he really is excited about this fight. And I'm excited about this fight. The fight of money making machine. Oh, yeah. It's going to be, this fight is going to make a ton of money. There's absolutely no doubt in my mind that this fight will make a ton of money. Huge money for this fight. And like I said, you know, we both got Elon Musk winning. You know, will that be the case? I don't know. That remains to be seen, but, you know, I'll be watching very closely. I know you will as well. And hopefully it's a great fight. I mean, at the end of the day, I hope nobody gets hurt and I just hope it's a good fight. Yeah. I mean, MMA style, I think Elon's planning on holding him down until he wears out because Mark will be up there kicking doing all kinds of crazy stuff. Yeah. It's going to be very interesting. I'm very excited about it. And like I said, it'll be one of the biggest fights ever in the history of combat sports. And they're even saying that whatever money they raise, they'll donate to charity. So I think it'll be a great cause as well. If they can take a percentage or if they take the money they raise and they give it to charities. Yeah. I think they're going to give the whole thing up. Yeah. I mean, they're already billionaires. They don't need more money. Right. They're not fighting for money. I think if anything, they're fighting for ego. They're fighting for pride. I think Mark Zuckerberg is fighting for, you know, Meta, Elon Musk is fighting for Tesla and they're, you know, it's an advertising move for both of them. I think both of them are going to make a ton of money in advertising for their companies. So from that perspective, they're going to win regardless. And I almost feel like with Elon Musk, it's a can't lose situation. I think with Mark Zuckerberg, he has more to lose than Elon here. He's younger. Right. You know, people are going to expect the younger guy to beat the older guy I think, but Mark Zuckerberg is smaller. So that's a disadvantage. And I think Elon Musk is just a lot more popular than Mark Zuckerberg. So there's going to be a lot of people cheering for Elon Musk. I know I'm a fan of Elon Musk. So I think Elon's face is bigger than Zuck's face. Yeah. So it's going to be, like I said, it's going to be interesting. I'm really excited about it. And I can't wait to see what's going to happen with Elon Musk versus Mark Zuckerberg. They don't have any dates yet. They've just kind of talked about it last week and made it official. So we don't have any dates yet, but if we do and we find out, you know, more details, we'll definitely try to share it with you guys as that information becomes available. We are streaming on all platforms. We really appreciate it. If you guys follow us, subscribe. If you like these videos, we appreciate it. If you like it and hit that like button and comment as well. And while we're live, if you have any comments about anything we're talking about, please put it in the comments section and we'll do our best to answer your questions as well. Now let's move on to the next big point of discussion. Fed Chairman Powell, big, big news this week. And I got a big Bitcoin on my desk here for a reason and we're going to talk about the big news. Bitcoin had a huge week this week for a lot of different reasons. But this is one that I thought was really big. And I don't know if people are talking about it enough, but we're going to talk about it. Fed Chairman Powell doubles down on Bitcoin as digital gold. That's the first time I've ever heard Fed Powell come out and say that Bitcoin is digital gold. What do you think about that place? A hundred percent it is. It's got major value. I think it's got more value than gold right now. It does. Officially, I believe past gold in America as the fourth most popular asset in America, which blew my mind. I don't know exactly what that meant. So I know that as far as the market cap of Bitcoin versus gold, it's not close yet. We need to get the market cap in the tens of trillions to beat gold. But as far as popularity right now, Bitcoin is becoming very, very popular. And we're going to talk about ETFs. We're going to talk about a lot of different things that are happening in Bitcoin. But you can see here, guys, I have a big Bitcoin. I have a big Bitcoin, right? And I'm a big fan of Bitcoin, and I know that Blaze is a big fan of Bitcoin. You see my big Bitcoin here. So I got a big Bitcoin here and every single day I look at the price of Bitcoin. Every single day I watch Bitcoin. Every single day I review Bitcoin. I literally have my eyes on Bitcoin every single day. And I know Blaze watches Bitcoin every day religiously, too. Yeah, he does. He's definitely a big fan. So I know you're a big fan of Bitcoin as well. So what do you think? I call it the end game. You know, that's the end game. When we started talking, I know you were more into meme coins, right? And now you've become a big popular. Well, remember, meme coins were my building blocks, you know? That's right. And now you've become a really big fan of Bitcoin. And I'm a huge fan of Bitcoin. And my opinion with Bitcoin is this, there's only 21 million of these coins for the whole world to share and only 19 million of them are in circulation right now. So my opinion is this is the single greatest investment of our lifetimes. And the potential for Bitcoin can only get bigger as the average person starts to buy it, institutions start to buy it, businesses start investing in it because they realize, well, this is a great investment. And I can just make money just by investing in this as more and more people, investors, businesses, CEOs, companies and institutions start to realize that Bitcoin is the single greatest investment that they could make. You have to assume that the price of Bitcoin is going to go higher. Would you agree with that? Absolutely. And if you're like me and you're like Blaze and you think that the price of Bitcoin is going to go higher, then you're probably accumulating Bitcoin and thinking long term. So right now I'm one of, you know, a million wallets in the world have one or more Bitcoin. And I'm very proud to be a part of that community of people that have one or more Bitcoin. And there isn't that many wallets in the world that can say that. So to me, that's something that's got a lot of value because as the price continues to go higher and higher and higher, less and less people will be able to say, yeah, I have one Bitcoin because it's going to become more expensive. More people won't be willing to pay for it as it becomes more than $30,000 a coin. Right? Less and less people will be willing to buy it. And in fact, when I talk to people about Bitcoin, the average person does not own Bitcoin. You know, I was out last night, I was asking everybody, do you own Bitcoin? Nobody owned Bitcoin. Nobody where I was last night. And I asked at least 20 people, none of them own Bitcoin. These are all people between the ages of, let's say 25 and 40. Not one of them owns Bitcoin. So I really believe there's still a much smaller community that owns Bitcoin than we think. And I believe that that community can only get bigger as Bitcoin becomes more popular and institutions start to dive into it more. And we're going to talk about that. But what would you say, what would you say? Like if you walked up to 100 people right now in your city in Florida, how many would you think actually owned Bitcoin out of 100 people? I actually did that. What was it? Like in Florida, at least 27 out of 100. 27 out of 100 owned Bitcoin. It's a very, very big state for Bitcoin. Wow. Bro, there's Bitcoin machines all over A1A. Wow. So like you go into gas station, it says Bitcoin vending machine, ATM. Wow. That's huge. So in the rest of the buckets, you know, big black buckets that are beside it, a forward receipts. I was like, whoa, that's a lot of transaction. And the guy goes, that's people buying it. That's crazy. So that's absolutely crazy. I'm giving out of 100 people that I've spoken to, Daytona alone, at least 27. High rate. Wow. Oh, bro, young kids, people at McDonald's, anywhere. That's really high. Orbit is a big crypto state. Yeah, it is. And I think the Santas has a lot to do with that because he's very pro. Well, they hold parties down in Miami a lot, you know. Yeah. And they hold the Bitcoin Miami conference. That's right. Here in Vancouver, it's like a foreign object when I talk to people about it. Which is crazy because the guy who introduced me to it on a bigger stage is from Vancouver. And don't get me wrong. There are people here in Vancouver that own Bitcoin and like Bitcoin and invest in Bitcoin. But there's still, I would say, at least 95% of people that you talk to in Vancouver, here in Canada, will tell you that they do not own Bitcoin. Up in Massachusetts, the numbers would have been a lot different. Yeah. So I mean, it depends on where you go. But it's just interesting how here, and this is a big area where there's a big focus on real estate. So investors here don't have an appetite for more risky stuff. They're more into like safe investments here. There's a lot of money in real estate here. So all the money pours into real estate, right? There's a lot of money in the stock market here. Stock market, real estate. Those are like the two major areas where people are making money. And I would say third, there's a community, small community of people that invest in Bitcoin. Like your friend that introduced you to Bitcoin, also from Vancouver. So there are people, and believe me, I know some that are big into Bitcoin. But it's still a very small percentage of the population. And I still feel like there's so much room for growth. Now let's talk about the next topic here, BlackRock. BlackRock is the largest institution in the world. And they just came out and filed. They have not been approved yet, but they filed for a Bitcoin ETF. And that has been a catalyst for Bitcoin. And Bitcoin has been exploding all week after the news that BlackRock was filing for a Bitcoin ETF. Now, what do you think about this news, Blaze? Well, I love that news because that means the world for Bitcoin, if this goes down. Oh, for sure. It's massive. We're talking a spike and a half. BlackRock pulls this off, and then other people will fall suit and whatnot, you know. Now, one of the crazy things about BlackRock is- I like that it's BlackRock going for it first, you know. They're the biggest. Yeah. And the biggest institution in the world. It steps up. It should be BlackRock and they're doing it. And the crazy thing is, once BlackRock announced that they're filing for a Bitcoin spot ETF, Fidelity, the second largest institution in the world as far as holding assets, they filed for a Bitcoin spot ETF. And then a whole bunch of other large institutions started to file for Bitcoin spot ETFs. So now, all of a sudden, it's like they've created a trend. And the thing that everyone needs to understand is that I believe the record for BlackRock is 575 products approved with the SEC and one. Just one time, they haven't been approved out of 576 products. So they are 575 and one. So based on their history, you should assume that this will most likely get passed because they seem to have a very good history of getting these types of deals passed with the Securities and Exchange Commission. Yeah, they're batting at 97.6%. Yeah, look, you came up with that number really quickly. And this was a massive catalyst for Bitcoin. Bitcoin had a massive week. And this is kind of the biggest news that could have ever happened for crypto, honestly. Because right before this, we talked about this, Bitcoin was starting to get under attack and exchanges started to get under attack. We had Coinbase under attack. We had Binance under attack, both of them being sued by the Securities and Exchange Commission. And then a week later, BlackRock says, yeah, even though you're suing Coinbase, we still want to file for a Bitcoin spot ETF. And we want to keep all of our coins at Coinbase. What do you think about that, Blaze? What does that tell you? We're trying to re-beach the lines. BlackRock has major confidence in Coinbase. And that being said, they even said they'll even keep the assets there. So it's called the big guy helping out the small guy, and only because they deserve it. You know, they're the only exchange, what a stock, you know? So it's a very interesting thing, because if I'm BlackRock and I know that the SEC is going after Coinbase, I'm probably trying to stay away from Coinbase. But the fact that BlackRock is saying, hey, you're being sued by the SEC, but we don't care. We're still going to keep all of our crypto at Coinbase. That tells me, like, maybe they know something. Maybe they feel like this lawsuit is frivolous. Maybe they feel like, regardless of the lawsuit, they still feel like Coinbase is going to be fine. But I think that they don't believe anything bad is going to happen, and they're going to, you know, they're helping them. They're definitely helping them for sure. It's helping them big time. Like, if customers are pulling money off of Coinbase before, once BlackRock says, hey, we're going to file for a Bitcoin spot ETF, and we're going to keep all of our customers Bitcoin at Coinbase, that should have put a lot of confidence with customers back into Coinbase. Because why would BlackRock leave billions of potentially trillions of dollars of Bitcoin on Coinbase unless they were 1,000% sure it would be safe? Yep. Why would they put themselves in that situation, you know, potentially to hurt themselves and their customers unless they were really, really confident that they would be able to pull it off? So they obviously know something, and sometimes you've got to read between the lines, and there's definitely something going on here that is hard to understand, something that we can't understand, something that's hard to, something that's a little bit confusing, something that's a little bit hard to comprehend. But I think you've got to read between the lines here and see that, you know, there's a reason why BlackRock is choosing Coinbase and saying we want to keep everything at Coinbase even though they're in the middle of a lawsuit. Because nine times out of ten in business, when a company has a lawsuit, people run, they run in the other direction. They don't run to a deal or to a company that wants to, is in the middle of a lawsuit. They run away from companies that are getting in lawsuits. Very true. So it's just interesting to me, and I feel like you have to read between the lines because there's something going on here that we don't know. And I think you need to read between the lines because not only did Bitcoin go up this week, but Coinbase also went up this week. Bitcoin cash went up too. Bitcoin cash did? Yeah. There's a lot of different tokens that are going up that are involved with Bitcoin. So let's take a look at the price of Bitcoin. Bitcoin gold or cash, one of the, like 30,500 at last start today. Yep. We're going to look at it right now. Here it is. So here's Bitcoin. We're currently at, like you said, 30,500, and let's just take a look at this chart. So we were at 16,000 to start the year, 16,000. We're now at 30,500. We've been as high as 31,400. And let me mark this chart up here, okay. The support is strong. I mean, geez. Oh yeah. Look at this thing go. So this thing has been an absolute rocket. So despite the fact that nobody really is talking about it, Bitcoin has been absolutely on fire all year. Absolutely on fire all year, right? I have someone in the chat saying Bitcoin is fake money. So this is the thing. There's still so many people that are not really educated on Bitcoin, that are not really educated on crypto, that are not really educated on how to use this, what people are starting some people are saying, fake money. Now, Blaze, do you call this fake money? Oh heck no. What's the difference? You got cash is digital in banks, okay? You just got to note to prove it. So they're saying it's real money if they went out and made a piece of paper that said Bitcoin on it. I agree with you. I mean, how is fiat any different? Every fiat in Bitcoin is the same thing. It's just different types of way of holding your money. Well, in fact, fiat is more fake money than Bitcoin. Actually, you're right. If you think about it, there's more money printed out that we are actually telling people, right? With Bitcoin, you know there's only 21 million of them. And there's also fake money. There's counterfeit. So there is counterfeit bills mixed up with our real bills, right? So there's fake money out there. So fiat is actually- So the cleanest money is Bitcoin. And the other reason why Bitcoin is better than money is that if you look at the US dollar since they started printing fiat, which is cash, the value of the US dollar has gone down considerably over the last hundred or so years, whereas the price and the value of Bitcoin has gone up a billion percent. So when you compare the two, Bitcoin's gone an upward trajectory since inception. It's had some ups and downs, but over time, over 14 years, it's up like a billion percent, whereas fiat, US dollars, is down. The value of the US dollar is actually down dramatically since inception. Why? Because they continue to print more and more and more and more and more dollars. And the more dollars they continue to print, the less value they have because the dollar becomes diluted. It's dilution. So the more you dilute the US dollar, the less value the US dollar has. The beautiful thing about Bitcoin is there's only ever going to be 21 million Bitcoin. And right now there's only 19 million in circulation, and they're going to mine the other 2 million and then we're done. They'll never be more than 21 million Bitcoin unless they choose to create more. But as it stands right now, Bitcoin will be capped at 21 million coins, which is why I believe this is the single greatest investment of our lifetimes based on its performance. This is not my opinion. This is the fact that it is up a billion percent in 14 years. There is nothing, and I mean nothing, up a billion percent in the last 14 years other than Bitcoin and maybe a few cryptos. That's it. No, it's the highest crypto out there. That's right. Nothing else that's even come close to the closest to it is only in the millions. That's what I mean. Nothing has come close to giving back the price appreciation and the returns on investors that Bitcoin has. Bitcoin has been by far the number one. And I believe it will continue to be the number one because of the fact that it only has 21 million coins. See the thing with gold is and the reason why Bitcoin is better than gold. If they need more gold, they just go and mine it. They go and pull it out of the ground. If they need more oil, they just go and pull more oil out of the ground. You can't go pull more electric vehicles. If they need more electric vehicles, they mine for lithium and they pull the lithium out for the chips and for everything they need and they put those cars on the road. The thing with Bitcoin is there's only ever going to be 21 million. So eventually as the price gets higher and higher and higher, the barrier to entry for someone to own one is going to become more and more difficult. For example, you could have bought one Bitcoin in 2009 for less than a dollar. You could have bought you could have bought Bitcoin for less than a penny. So that the barrier to entry in 2009 was phenomenal and the best. It's ever been and it's never going back to those levels. Never. I can't. We're looking at a $30,000, $30,500 Bitcoin. How many people are willing to spend what they would spend on their car on a Bitcoin? And the answer is not many people. And that's why still 95% of the world don't own Bitcoin. And now that it's the price of a car, more people when I talk to them say, yeah, I'd like to get into Bitcoin, but it's too expensive now. But they still can, you know, uh, sex by fraction. Of course you can buy sex. That's right. Eventually, you could buy sex. Eventually a few sets are going to be worth hundreds of dollars 100%. So it's just blows my mind how many people are sleeping on this thing despite the fact that it's up 100% this year, 100% this year. Everyone talks about Tesla. Everybody talks about Nvidia. Everyone's talking about AI. Everyone's talking about Apple. Everyone's talking about all these stocks doing great. What about Bitcoin? Are you just going to like pretend like it's not up 100% and I have people coming in and saying it's fake money. So when the people say it's fake money, I guarantee those people don't own Bitcoin. Oh, absolutely not. I don't even think they invest. Yeah, because if you own Bitcoin, why would you call it fake money? You only call something fake money or you degrade something when you don't have it because you feel insecure about it and you want it to go to zero because you don't own any. That's the only reason why you do that. Other than that, you should open up your brain in your mind and educate yourself and learn about Bitcoin and learn about crypto and learn about the blockchain before you call something fake money that you've never been paid in. You've never paid for anything with. You've never received. You've never sent. If you've never done all that, if you've never done those things with Bitcoin, I promise you, you should not be talking about something that you've never, ever been involved with. You shouldn't even even be in the program if you if you're calling Bitcoin fake money. Last time I checked a lot of billionaires out there because of Bitcoin. And look at that. Look at the chart. This thing is going straight up. Look at that chart that does not lie. That is straight up. So while you're calling it fake money, you could be making money. And while you're calling it fake money, there's people out there like me that are making money that have doubled my money in Bitcoin this year. And we're not even halfway through the year. And my value of my crypto, my Bitcoin, my Ethereum has doubled this year so far with a Bitcoin having coming next year. We're only nine months away from that. And that's the biggest catalyst ever for Bitcoin. We got we got good things happening not because of that. We got good things happening because these institutions realize that the Bitcoin having is coming. So they decided they want to get in now before the big explosion comes. Not to mention countries are buying Bitcoin. Like El Salvador that have made it legal tender. So if you think this is a big explosion in Bitcoin, believe me, when I tell you, this is nothing. This is just the this is the appetizer. We have not seen the main. This is just a comeback. That's all when it was down. When it was down to $15,000, people like, oh, but we're like, we're sitting in the beams, we're talking everywhere. We're like, whatever it's on sale right now. That's right. Where is it right now? It's more than double. And what did I do? I accumulated more Bitcoin, accumulated more theory. Hey, I will decide to buy into quite a bit on January. There you go. And even my pandas that I sold, I sold them and I put that that that those proceeds in Ethereum and I just left them in Ethereum and Ethereum has gone up since then. So if you're a holder of Bitcoin in Ethereum and you believe that it's going to go much, much higher, you're probably like me sitting there just like licking your chops, waiting for this thing to explode because there's so many people out there that really just don't understand. And unfortunately in this life, a lot of you don't know what you don't know. It's just a fact. You do not know what you don't know. So if you don't know anything about Bitcoin, probably not a person that should have an opinion. I'm just saying you probably don't have the right to have an opinion. If you've never actually physically owned Bitcoin, I got all these people that are always trying to get me to do like Bitcoin futures trading. Hey, Rich, can you do Bitcoin futures trading? No, I don't want to. I want to actually physically own Bitcoin. I don't want to play around with Bitcoin and lose my money. Exactly. That's how you lose your money. Right? That's how people lose their money. They promise you you're going to get rich quick. They're going to trade Bitcoin because when Bitcoin goes up, you can make a lot of money quickly. But whatever comes down, you blow your account. I know I've done it. I've traded futures. It's super risky. Some people do very good at it. But what I do is I hold physical Bitcoin. I hold physical Ethereum on a ledger hard wallet. That's what I do with my Bitcoin. So when people come to me and say, do you want to trade your Bitcoin? I'll help you turn $1,000 into $13,000. I just laugh at those people and it's like, man, you're just you're talking to the wrong dude. It makes no sense. You're going to buy their own thousand worth and make $13,000 worth of it. Exactly. I'm like, why am I going to go and trade my Bitcoin and risk it and potentially lose it because you said so? In fact, I think that's completely irresponsible that people do that to other people. What I would rather do is tell you and teach you how to hold Bitcoin, wait for it to explode, and then if you want to sell it, take profits. Let's talk about Nash, not Nash Cowboy, the other Nash. He owns a lot of Bitcoin and he's been buying it all year and he's made a lot of money on his Bitcoin. And he called me up earlier this week and he said, Rich, you know, thank you so much for Bitcoin. I really learned a lot. I'm up a lot of my Bitcoin. I need 10 grand. Should I sell? What do you think I said to him? Well, if you need it, I mean, it has to be important, you know? Of course. If you need the money, but if you can get away and hold off, I wouldn't. Exactly. That's exactly what I said. We had the exact same answer. My answer was this. Listen, if you need $10,000 and Bitcoin has made you $10,000, take the $10,000. It's a gift from the Bitcoin gods, right? Take your Bitcoin money, pay your bills, and thank your gods for your daily bread. That's how we invest. That's why we invest. We invest to win. So if you're up and you need to take the money, take it. Now, would I sell Bitcoin right now? No. Why? Because I believe in nine months, we've got a Bitcoin halving that's going to be a massive catalyst. Right now, all kinds of institutions are pouring in and more are going to continue to pour in as these other institutions start getting approved for some of their Bitcoin products. More and more companies are going to pour in. More institutions are going to pour in. More money is going to pour in. More investors are going to pour in. That's going to bring the price higher. So with all of this happening all at the same time, I feel like there's a lot of room for this thing to go higher. And I'm thinking in my mind, my next target for selling, probably around $100,000. That's where I will feel okay to sell. Now will I sell at $100,000? I don't know. Because at that point in time, it just depends on what the market looks like. It depends what the price is, too. The market. You can't really just sell at that point. Because what if it grows so quick? If it goes $75,000 or $100,000 in like two months, you might want to wait a little bit. It might hit about $50,000, you know? Exactly. So that's what I'm saying. Like I'm saying to myself, okay, I'm going to set a target in my head for $100,000, but I still got to see what happens when it gets to $100,000. Because either it's going to sell off from there and go right back down, or we're going to blow right through. And if we blow right through, I don't want to sell it too soon either. But it's a good problem to have. Because if Bitcoin goes to $100,000, I want to be sitting on a nice chunk of crypto, because I don't just got Bitcoin either. I got a lot of Ethereum, too. So if Bitcoin goes to $100,000, in my opinion, when Bitcoin gets to $100,000, and I believe in my prediction that we could see that by November of 2025, maybe sooner. I know that you've made similar predictions. So I'm willing to wait two years, two years and a bit, two years and four months, so let's say, for it to hit that level. And when it hits that level, I will definitely be thinking about selling. Now will I sell? I don't know. But I will be thinking about it. I'm promising you guys. I will be thinking about it, and it will not be a bad idea to take the profits. Because if it does go to $100,000, and it doesn't go past there, I expect it will go right back down 70%, back to $30,000. Because that's what it does. It goes up, and then it comes down 70%. And then it goes up, and it comes down 70%. So I really believe there's a very good chance that it could go up. Right. You've got to follow the pattern and things you know. So if you're confident that it's going to do that, and it hits that mark, always take the money and buy it back cheaper. That's what I'm saying. So if I believe it's going to go up, like all the way to $100,000, and then go down 70%, it would be smart for me to sell, wait for it to drop, and then when it drops, buy more again, or buy in again, and own a bunch more Bitcoin than when I started with. Oh yeah. So that's kind of what I'm thinking. That's kind of what my strategy is. And I mean, it might not work, but even if I sell, and then it doesn't go down, I still got the money. So it's not like it's a bad situation, because I'm going to end up doing it extremely well on my investment, you know, and make like a six-figure return, you know. So from that perspective, it's worth it, even if it does go up. But I don't want to sell too soon, because this is the type of asset that could go from like 100, and eventually go to like a million. So you don't want to sell too soon, because then you're going to feel stupid if it goes to a million. Oh yeah. You don't. Yeah. You just got to make sure you, you see the, you got to watch the patent how it gets to that 100K. 100%. You know, and then you don't want to miss the big bull map that are having, I think that fall of 2024, things are going to stop reflecting. So you'll be holding it until the following year. Then you're going to be happy. What I think is over 150. Oh man. I think it's more than doubles. It's all time high. If it gets to 150, I'm going to be so happy. Bro, pretty much the biggest investment right now that everybody knows to get into now is Bitcoin, but still most people are not getting into it. That's the crazy. Yeah. Even though it's up 100% this year, people are still not getting into it. That's the crazy part about it. So let's talk about this. So this is what I would call if you can't beat them, join them. So the SCC goes and sues Binance and sues Coinbase. Coinbase is the largest institution in America. Binance is the largest institution in the world for crypto. Now, what comes out this week, EDX crypto exchange goes live offering Bitcoin and Ether trading backed by Schwab and Fidelity. So essentially they are now creating their own exchange to compete against Coinbase. While Coinbase is being sued by the SCC. This just launched. Well, back so you can black rock is back in Coinbase. Don't make sense. Exactly. So this is what I would call if you can't beat them, join them. So you couldn't beat Coinbase because they're doing such a good job. So what you did is you decided you want to create your own exchange. Now it'll be funny to see if the SCC goes after this exchange. Hmm. Probably not. I don't think they will. So this is backed by Schwab and Fidelity and it's offering Bitcoin and Ethereum trading. So this is the first product I've seen that offers Ethereum. It's their only counter move against black rock with Coinbase. What do you think about the fact that they're offering Ethereum? Do you think that Ethereum could then become a very strong number two to Bitcoin? Obviously they are in the crypto world and Bitcoin is my number one holding full disclosure. Ethereum is my number two holding. So by far. And my holdings are like 71% Bitcoin and 28% Ethereum and the other 1% is all a bunch of small stuff. Ethereum is always going to be the McDonald's of the Burger King, you know what I mean? So it's always going to be Pepsi Coke, Mickey D's Burger King, you know. Think about it. Popeye's, Pitaya fried chicken. Like you got Bitcoin and Ethereum. Ethereum holds what seven times more tokens than Bitcoin does at a price of almost two grand per token asset is fabulous. Does it have a company? Yes. Does it have a owner? Yes. A transparent owner, a guy that shows his face. Yes. Trustworthy? Absolutely. Millions of tokens are made through it. Great asset boost there. Yeah. Shoot. I think it's swappable by them. I wouldn't go any further than them though, two tokens though. Exactly. And those are the only two that I'm buying. So I love the fact that the institutions are doing the same. They're giving you the ability to have exposure to Bitcoin and Ethereum, the two biggest assets in the crypto world by far. And this is where I believe everybody who's investing in crypto needs to start. You need to start by owning physical Bitcoin and physical Ethereum. If you start by owning physical Bitcoin and physical Ethereum, you give yourself a very good chance to have success in crypto. Mm-hmm. And I really like Ethereum because, OK, Bitcoin is the greatest asset, let's say, commodity of our generation. It's a technology that's changed the world. It's given us the ability to send money to friends and family anywhere in the world as long as they have a phone. They don't even need a bank account. I can send them money. That's how Bitcoin has changed the world, OK? And institutions are realizing that with Bitcoin, they can send money, large amounts of money, trillions of dollars with one transaction. That's also changing. And that's going to continue to get bigger and better over time as institutions understand the ease and protection and understand blockchain technology and how it's essentially a digital filing cabinet that keeps track of every single transaction on the blockchain. So the blockchain and those transactions can't be frotted, can't be altered, can't be changed. So that's why Bitcoin and the blockchain is becoming the number one way that a lot of people are doing business. Correct. And with Ethereum, the reason why Ethereum is so great and Blaise touched on this, Ethereum is the blockchain where you build your coins on. So when someone wants to create a coin, a lot of those coins, most of the coins that are big companies are built on Ethereum. So that's why Ethereum is a second, a close second to Bitcoin and much closer than anyone else because most of the other coins that are out there that have had success over the last five to 10 years were built on Ethereum. So that's how Ethereum is different than Bitcoin. Now, Bitcoin also has coins being built on their blockchain. And other coins like Binance and other coins have coins being built on their blockchain. So there is going to be competition with Ethereum but Ethereum has been around a really long time. So they have a huge head start and then on top of that, Ethereum has a very tight float, only 132 million coins. So Bitcoin has 21 million coins and that makes it special but Ethereum also has a very tight float in 132 million coins. So they don't have billions of coins. They only have 132 million coins. Bitcoin, you got Bitcoin, you got Dodgecoin, you got Ordinals, right? Ethereum, Optimism and Abatron. There you go. Those are the only ones I can tell you other than Bitcoin and Ethereum that are actually going to do something. Oh, look, we got a message from a member, Isam says, Pepe is number one trending on CoinMarketCap. What do you think about Pepe, Blaze? I think Pepe is just as good as my ladies out there. They're just a community-driven token. All right. Now, let's talk about the... This is my last topic I want to talk about. It's just like the Hypochiba, Rich. Community-driven is very strong. We both know that. 100%. All right. So this is taking me to the last topic that I want to touch on. And it's a very sad topic, unfortunately. It's not something that is very great news. It's kind of was very bad news this week. And it took the imagination of everyone. And unfortunately, it was the Titan implosion, the submersible submarine that imploded in the ocean. What do you think about this news, Blaze? I think it's sad. I just think it could have been prevented. Security reasons, you know, they check everything nowadays with transportation and any type of actions like these people were taking in that submarine. I think it should have been, you know, prevented. Yeah, it's very, very sad. You know, whenever you have five people that die the way they did, you know, it's horrific. And they said that it was an implosion. So essentially they just exploded or imploded like in pieces. And they would... What happens is if you take a can and crunch it in wood. So the air sucks in and pulls it all together. So it explodes in wood or instead of out wood. So if you took a five gallon drum, right, and you change the temperature in the drum and then to extra heat, and then you put the drum in cold ice water, it will suck in, that's what happened. So basically they're thinking that happened way before they got to the bottom too. Yeah, it's very sad. Some are saying that it actually happened on their way down like in their first couple of hours when they initially lost contact with the surface. So they heard a sound. So they believe it happened pretty much right away. And if it did, then they probably didn't even feel anything. So at least from that perspective, they didn't suffer. So hopefully they didn't suffer. But it's just such a sad situation, you know? Yeah, it's sad because, you know, a child didn't want to go, but he did. He did for his father. You hear the story about a child who's, I believe 19 and his father is a billionaire and it's father's day. And his aunts telling the story of how the child didn't want to go was very, very scared, had bad feelings about going, you know, 12,000 feet or meters deep into the ocean floor and didn't feel good about it. But he did it for his dad because he wanted to do something for his father for father's day. And his father was a huge fan of the Titanic. So he did it for his father, but he literally lost his life. And you know, we've heard this once before Richie Ballans didn't want to get on a plane and it crashed. So look it, that story needed to be told for people out there, look, if you have a fair or something and some people have that sixth sense and I believe it, like, don't do it. Don't do it. 100%. Trust your gut. Don't do it. If life learned to trust your gut. Don't do it. If something doesn't feel right, and this has happened to me before, many times where something doesn't feel right and I do it anyways, and then I regret it. Yep. If something doesn't feel right, trust your gut. Even if it's a life threatening feeling, like, you know, like he was failing about that situation, don't do it. And I don't know if I've read a lot about people that have taken this trip and they said it was so scary. It was horrifying because it's dark. You can't see much. You can't see much in front of you. You can't get out of it. So they have to bolt it from the outside in so you can't even get out of it. So it's literally like a death machine and there's people that have gone in there and done this dive with that same machine that said that there was all kinds of problems. There was all kinds of problems. Every time they took a dive, something went wrong. Yeah. So that is really scary for someone like me that doesn't like small places like that. First of all, I don't think I would have even gone in it, but now that I've seen this type of situation happen, I know for a fact I would never go in something like this. It's like a 1985 machine, you know? It's not even a state of the art machine. Remote control, Logitech. Yeah, they had a remote control, like a PS5 remote that you would use for video games controlling this machine that had two billionaires on it that are now gone. And the other thing is they used different types of material that wasn't really approved, but they pushed it through. Oh yeah, carbon fiber and stuff like that. That's right. And a lot of people are saying that what happened was every time they go deeper and deeper into the ocean, it kind of would wear a little bit. And what do you think happened? Well, yeah, it always wears down. Anything you do that holds pressure like that wears down at weekends. That's right. So I think they done like 40 trips down and maybe this was just one trip too many and boom, there it goes. And it's just a terrible situation. I hope this doesn't happen again. Hopefully we have better regulations in place to make sure that if someone is going in a submarine, it's safe. And I also don't understand why we don't have better technology, you know, 70% of our world is water. Why do we not have more technology as far as how we go into the water and what we can do in the water when 70% of the world is technology and we have all this AI, we have all these robots being created. We have all this technology to go to the moon and to go to outer space and go to the edge of space and everyone wants to do that. But why is nobody putting the effort in to actually having better technology to go into the ocean? That's what my question is. Seems fishy to me, pardon the pun, that we don't have better ocean technology. We don't have better machines and submarines that can go into the ocean. They're saying that there's tons of water life and species in the ocean that we haven't even discovered yet. Mm-hmm, yeah. Why though? Why do you think, like, why? Why are we so, like, why is our technology so bad? Simply because of what you just saw happen. They don't. I think Elon Musk needs to say, hey, you know what, I'm gonna come up with a better submarine and I'm gonna come up with a safer submarine and we can do tours of the Titanic. The thing is, is that even some of the little robots we send down there implode. Exactly, because the pressure is just too much. Yeah, that's like taking, they compared it to if you took a caravan with five people in it and somebody picked up the Eiffel Tower and placed it on top of it. That's how much pressure it took. Like when I go deep into the ocean. So what can you make, right, that you could take a whole Eiffel Tower the size of a caravan, right? 20 feet long, say, and place on top of it where it can hold that big building. There's really nothing we can make. So the further we go down, the more the pressure is. You go down into the abyss, it's the kiss of death, you know? It's too much weight. Too much weight per square inch out there, you know? So when that thing went down, what happened was before it imploded, there's a sound. It goes like that. It's like a high hissing sound. And that's it. You look at your friends and you don't even have time to say bye. Yeah, it's a terrible situation. It's too much gravity pressure. It's too- It reminded me of the Colby Bryant situation because Colby Bryant died with his dog. Yep, it reminded me of that too. And it was sad, you know? And we both got sun. I lost the sun, you know, but we both got suns if we're on a trip with them and we know we're doing something dangerous. I mean, even taking a helicopter ride, Rich, in the morning with all that, the weather condition, you just can't give anything a benefit of the doubt. Like I learned the hard way too, you know? Yeah, it's terrible and- You just can't imagine that. I mean, I can't even imagine being with my son and that's it, but- Yeah, it's terrible. And that's why it reminded me of the Colby Bryant situation because Colby Bryant died with his daughter and this billionaire died with his son and he did it for him on Father's Day. Otherwise, this kid would have never been on that sun. It's like sometimes- So it's really, really heartbreaking. So we just want to wish their families the best. Yes, salute to their family, like all their friends and family, their friends too, you know? Because if you lose a friend, it sucks. So- All right, we got five minutes left, Blaze. So in the last five minutes, is there anything else that you want to talk about? Anything else going on? Anything else on your mind that you want to discuss before we say goodbye for another week of the Bull and Bear Show? We are in our last week of June. We're going into July, which means we're almost halfway through the year. And have you guys hit your goals yet? Have you hit your goals this year? Are you on track to hit your goals this year? Is there anything you can do to make sure that you make the second half of this year better than the first? That's what I suggest everybody to do, yeah. Look at your goals for the year. See your halfway point. If you're on target, keep going. If you're behind, make some adjustments. Edit yourself a little bit. Move forward. Don't let it get you down. If you have a bad investment- There's a lot of crazy things going on. Don't let it bad. There's a lot of crazy things going on in the world right now. Obviously, there's the war that's happening in the Ukraine. And it looks as though Russia had a coup happen this weekend where there was a huge Russian general that decided that he wanted to fight against Russia. And that turned Russia upside down for about 24 hours. I feel like it's been de-escalated now. So hopefully there will be no more of those issues. But war is really bad. The world right now in some areas is very unsafe. In some areas is safe. I'm very lucky to be in Canada in the sense that we're literally one of the safest countries out there. I believe still. We don't have tons of guns here. But there is still violence here. So it's not perfect. I don't believe anything is perfect. But there's a lot of places in this world that are a lot worse where there's famine, starvation, all kinds of terrible things that are happening to people all over the world. I've heard statistics saying, there's a couple billion people in this world that don't get fresh food, water, that are starving. So there's a lot of people in this world that need better. And I think it's important that we share information, share ideas, share hope, and share positive vibes regardless of where you are. And try to do good and try to help others as much as humanly possible because there just isn't enough of that in this world. I agree. There's a lot of bad things happening. There's a lot of great people. But unfortunately, for whatever reason, when you turn on the news or you turn on the media, all everyone talks about is the negative stuff. What we wanna do here on this show is we wanna talk about the positive stuff. We wanna talk about some of the negative stuff too. We wanna have some fun. We wanna talk about making money. And we wanna talk about the most trending topics every single day. And I think we're doing that and we're gonna continue to do that. Thank you guys for joining us on the Bull and Bear Show episode number five. Blaze, thank you for joining us as well. And guys, go and subscribe to Blaze on YouTube. He's one of the top broadcasters, if not the number one broadcaster on LiveMe. It's an app that I'm on with Blaze. He's been on there for over seven years. And he has 695,000 fans on LiveMe. And he's live like what, every day? Yeah. On LiveMe? Yep, I go in live. So live like literally every day on LiveMe. And I really like the app. And we spent a lot of time on there talking about these types of topics. So we have a lot of time to talk about these things. And we'd love to have you guys join us whether it be here on YouTube every week, or you wanna join us over there or on other apps because we are pretty much everywhere. And we're gonna continue to be broadcasting and sharing information and sharing ideas. And Blaze, anything else you wanna say before we say goodbye, my friend? Yeah, I just wanna tell everybody to stay positive. Have a good attitude, things get better. If you're in a rut, keep your head up. Just keep fighting, you know? If you're doing good, be humble. Don't brag. The best thing you do for somebody is share knowledge. It's way more valuable than money. Yeah, you know what? I'm gonna share something with you that I heard from someone that really, really resonated with me. Who was it? I think it was Michael Keaton. Michael Keaton, the old Batman. He said, spend as much time with your kids that you can because one day they're not gonna wanna spend time with you. So spend as much time with your kids as you can. What do you think about that, Blaze? Absolutely, I lived that way. I mean, so do I. So when it kinda hit me, I got two teenage kids and they're getting to that age where, you know, it's not as cool to hang out with your parents. And it really hit me. I was like, you know what? I'm gonna spend as much time as I can because in a couple years, they're going to university, they're either going to college, they're gonna be hanging with their friends, boyfriends, you know, their own homes, their own careers, their own, you know, and the before you know it, you're not the most important thing in their lives. So spend as much time as you can with your children while you can. If you don't have children, spend as much time with your friends and family that you can. Nothing is guaranteed. Just like what we saw here in the submarine, you know? I don't believe any of those people that went down thought that that would be their last breath, you know? Unfortunately, it was. So make the most of every single moment, make every moment count, have no regrets, live every moment like it's your last and have fun and definitely do your best to try to make some money and work hard because you're not gonna get what you want in this life without putting in the effort. Work hard so that you can enjoy your life to your fullest. And then when you get that opportunity, make sure you have no regrets. Right. All right, Blaze, thank you for joining us, brother. Have a great rest of the weekend. Have a great week, everyone, have a great week. Let's finish off June strong. Let's finish off with another huge week, just like we had last week, especially in crypto. And let's set up ourselves for a huge rest of 2023. July will be the beginning of the second half of 2023. So far, the first half of 2023 has been absolutely amazing in stocks and cryptos. And I believe the second half of 2023 has a lot of reasons to believe that that may continue. So hopefully it does. And guys, thank you for being here today. Thank you for watching the Bull and Bear Show. And remember, there's always a bull and bear market somewhere. And thank you for joining us today, Blaze. Have a great day. Salute, brother. Have a great day. Bye, everybody. Yes, you too, brother. Everyone have a great day. I'm your host of The Most, your boy, Rich from Rich TV. Remember, if you're not winning, you're probably not watching. You're bringing the winners, bringing you CO interviews, chart analysis, breaking news, trending topics, and we bring it to you first every week, right here on the Bull and Bear Show. Episode number five, and I'm out. Peace. See you later, Blaze. Later, bro.