 Hello everybody, welcome to the Monday live stream. We got a lot of things over, so let's just jump right in. And today we're gonna talk about is essentially what we've, the most interesting topic, I think, on YouTube would be price predictions. Now, I like a good price prediction. I think everybody else does, they're fun and they're joyous so we can take a look at them and go, that looks good, and that looks good. But in reality, they're worthless. So let's just take a look at some of the things that have been going on right now. So this is from Washer Guru. If you don't follow him on X, great account to actually follow to get up to date with what's actually happening right now. And he says, just in, Standard Chartered Bank raises its Bitcoin price target to 150,000 this year and 250,000 by and 255. So what you're probably gonna see is a lot of YouTube thumbnails and a lot of people with their mouth open and they're gonna be like, let 250,000, 150,000, whatever else it is. So don't get distracted by this because who knows, it could go much higher, much lower. Nobody really knows. And one thing about, I've seen since being in this industry since 2017 is that when one person gets a price prediction right, they run off that price prediction for years and always point back to that one that they got right, totally neglecting the fact that they got 20 or so different wrong. So let's just break this down. I actually had, I was thinking to myself, I'm like, I've heard Chartered Bank before. I know they've made a price prediction. So let me just ask Gemini, which used to be called BARD, that is from Google, the AI software or the AI program that you can just ask questions, do a lot of good things and AI runs some backgrounds and gives you the answer, it spits it out. I said, hey, give me a list of all the Bitcoin price predictions given by Standard Chartered and the dates they gave us predictions. And Gemini spits out and says, yeah, there was two. And this was on March 18th and that's it. And then there was one like a couple of months ago. That's all it says. I'm like, no, I don't think that's actually true. Which again, AI is great, but it's got a little flaws. And this was actually in September of 2021. And this was from Standard Chartered. Bitcoin price, they had 100K in 2021 or early 2022, somewhere around those. And of course, this was during one of the heights of the bullmania. Now, we hit a high of around 63,000 for Bitcoin, roughly in April of 2021. Then we took a little bit of a dip but everybody was super bullish and talking about how great it's gonna be. And of course, September was a pretty good month. Voting to October, November, we hit an all-time high of 67,777, somewhere around there. Some people will say it was 69K, some people will say it's 67K, whatever. It all depends on the different exchanges that you took a look at. Of course, the price of course varies. And I think that's a little bit of a manipulation. That's a whole other video. So again, Standard Chartered, great. I mean, to kind of mess this one up, but if they nail this one over here for 250K, you better believe they're gonna run off that for a long time. Now, we'll lead me to another piece here, which was, I was just wondering, I'm like, how many price predictions are out there? And this was a pretty good piece. This was from CNBC, the boldest Bitcoin predictions for 2024. This was on December 31st, 2023, which of course, we had not gotten the ETF approval yet. People were expecting that to happen, except for me, and I was 100% wrong. I think we can all agree on that one. I was totally wrong. I didn't think that was gonna actually make it through. Again, predictions, worst things of all time. Commentators, CNBC spoke to both inside and outside of the crypto industry have given various price predictions for Bitcoin, ranging from $60,000 to $500,000. I'm like, that's pretty good. Let's see what those price predictions are. This is from Mark Mobius. I'm like, what the heck is that? Mark Mobius claims to be the Indiana Jones of emerging market investing. He's been on CNBC and MSNBC quite a bit, and he's actually had some pretty good calls in the past. And he talks about, he's like, look, it's only gonna hit 60,000, that's pretty much it. In 2022, Mark Mobius correctly forecast Bitcoin would drop to 20,000 when it was trading above 28,000, which he got right. And actually, it went to $15,700. So on this one, Mark was 100% correct. However, he had a price called 10,000 thereafter, which he stuck to all the way into 2023. And how many people do you know, especially in the social media reference ranges, and they have been talking about how, you know what, I'm going to, I think at Bitcoins, it's popping off, but I think it'll come back down, of course, 15K is in play, 10K is in play, or whatever else they're actually saying. And Mark was like, look, in 20,000, three of like, it could still go down. Now, obviously that didn't work out under the price prediction, which is why I need to stress to you enough that if you listen to price predictions and you kind of base your whole kind of philosophy around that, it's gonna be a disaster, quite honestly. So of course, there's a lot of different places to go to actually figure out what a good strategy is. And that is probably the worst strategy you can possibly do. Me personally, what I do is, I thought that once we have 15, 7, I go, and I even said this numerous times, I thought we could go to 12K. I'm like, well, I think Bitcoin go to 12K. Everybody will ask me, well, are you gonna stop buying? I'm like, what are you saying? If it goes to 12K, I'm gonna buy even more. It's called Dynamic DCang. And it goes on a 10K, I'm gonna buy even more. So when we see these things, just kind of realize that maybe there's an ulterior motive, maybe these price predictions are the greatest things of all time. Now, having said that, Bitmining said, hey, 75,000 could be in play. And Yohua Yang, chief economist of crypto mining from Bitmining believes that Bitcoin can reach a high of 75,000 by 2024. And of course, he says, hey, in this year, it could be 25K to 75K and then 45 to 130K. And this is good for newbies and people who are in the place and they say, oh, coin shares is 80,000. Nexo says 100,000. Standard Charter, 100,000, which they just revised. We took a look at, I don't know who that is. Matrix Port, 100,000, and then Coin Fund says, hey, we can go from 250 to 500,000. And that is a good article to run with, especially for clicks. This was from Seth Gins. I think I said that right. Managing Partner at Coin Fund. He says Bitcoin has a strong inverse correlation with the dollar and real yields and both are now going down, which that's accurate. We also expect the follow through inflows post launch of the Bitcoin Spot ETF, as well as growing excitement around the likely approval of Ether Spot ETFs later in 2024 will be quite meaningful. Now look, I didn't get that Bitcoin Spot ETF, right? But a lot of the different industry insiders will say, yeah, that's a theorem ETF. It's gonna be very tough and we don't think it's actually gonna be approved in 2024, maybe in a couple of years, but we'll see. So again, to talk about all these things, it's just a little bit of crazy. And here's one of the crazy other ones that people were pointing to. Citibank. And this was actually a city analyst. And of course, you think to yourself, okay, it's Citibank. They've got some pretty good analysts in there. City analysts said in November 2020 that Bitcoin could climb as high as $318,000 by the end of 2022. It closed last year, 16.5. So again, a little bit of crazy, but if you wanna see some other price predictions, here's some big stuff. Citigroup said 318K, we just took a look at that. Bloomberg said 100K, that was gonna happen in 2020. That didn't happen. Peter Schiff, I don't know who that is. He says zero. Peter Brandt, 20.3, so we hit 100K. That wasn't right. Ray Dalio, which everybody respects, said that Bitcoin would have 50K in 2023, man, whatever. JP Morgan, 146K. And then of course, then it said now 38K, Coleman sex. So again, if you wanna rely on these, it's just insanity, but it is fun sometimes to talk about it. And having said all that, here's my Bitcoin price prediction. My prediction has always been the same. Bitcoin in 2024 will be in the range because I think ranges are acceptable between $5 and $500,000. So somewhere in that range, Bitcoin will fall to, I am 93% sure it'll be in that range. Anyhow, let me just think about that in the comment section. Now let's talk about Solana. So first of all, before we go on, I own Solana, I own a lot of it. I own a lot of Solana, I own a lot of Cosmos, I own a lot of Cardano, I own a lot of Pick the L1, I probably own it. And so when I talk about these things, it's just, it's coming from a person who's taking a look from the outside in and saying, hey, there might be some problems here. Now, if you're big in a Solana, you might not say that this is an issue, but I think there's something to be said. And I said, I put this tweet out, I said, Solana under pressure with all the meme coin volume but still holding. And I said, you know, the thoughts. And of course, you know, Shark Toshi, I mean, it just depends on what you believe in. And he says, look, things like Boom hit $1 billion in a day and got Binance Listing, which is true. If that's not the most obvious scam retail, wrong chain, I don't know what is. I guess people have short memories in 2022 wasn't enough. They want to get it harder this time. Nova Dallas says, I keep being amazed what Solana tokens are things are doing or so. Ben shares his take profits. And my friend, my buddy Steven, who is probably one of the biggest Solana meme coin bulls said it perfectly. I got many failed transactions this morning. I basically gave up. So I know people will later in the comments, I'll say, you don't know what you're talking about. It's just not a big deal. And I've had no problems, no issues. Some people have. I've also had issues myself. So what's going on? There is a great site called SoulScan that I don't take my word for it. I'm just some guy talking to his computer in front of a very nice green screen. And you can take a look at different data analytics for Solana and just kind of go from there. When I pulled this up, let me pull out the average ping time. And you take a look at TPS, it's still good, right? Total TPS, 2,000 plus, 2,300, 2,400. This was in March. This is today. Total TPS, 7,700. So everything's going good, but then this average ping time looks like there's been some losses. 40% loss, 57.95 confirmed. 34% loss, 63.96 confirmed. So quite a bit of a little losses here in these two areas, this was today, but it looks like it's going along smoothly. So yes, it's not perfect. That is true. And I guess there's been things that have happened. So maybe there is a little bit of a stress going on, but that's what you're supposed to do, right? You're supposed to test everything and do as much as you possibly can and then try to break it and try to make it better. That's the whole thing. So as far as Solana analytics, I mean, look, I tried to use it and then there was some issues. That's true. But taking a look at the data today right now as we see is like the TPS, like we just took a look at, if this one goes to March 17th though. TPS is 1700, success rate 99.95%. Looking okay, validators. I know people will make fun of this. They say it's actually two, but they says 2,000, but who knows how many are in control with Solana Foundation? I don't know. That's for the whole upgrade, fired answer. We'll see. And then coming down here, look at this, transactions. I know people will talk a lot about this, but vote transactions is a big difference between voting transaction and non-votes. So even if we take a look at the non-vote, oh, how can I do that? Even when we take a look at the non-vote itself, look at this, I mean, I still got a ton of transactions going on, 23 million. Of course, the only goes to, I can't be right. There we go, March 17th, 24 million, 23.9 million, 25 million, so on and so forth. And then it's doing pretty good, I guess. And then accounts. Now, this one was interesting to me because they were taking a look at like mass adoption. I'm always curious to see like how many wallets are actually being created and actually used. And in seven days, you went from active wallets of, well, let's just go back here. One, roughly one million. Yeah, one million, see 7,000. And then March 15th, 1.2, that's pretty good. And then I went from 1.2 to what the heck, 2.4 million active wallets. That's crazy. What's going on? Meme coin season, apparently. But if we zoom out, let's take a look at a month. Okay, you got me on that one. How about three months? Okay, you still got me on that one. A lot about all time. Yeah, you know, like back on the heyday when Solano was going crazy, April 25th, 2021, it's all time high. It was at active wallets of 3.7 million, but still doing pretty good. And then new token accounts, seven days. That's not a big deal. How about a month? Okay. Well, I think people are getting into some new tokens, whatever those may be, probably meme coins. How about three months? Okay, that's crazy. So, wow, three million. How about all time? Damn, look at that. It actually eclipsed it's all time high of April 23rd. Did it? 3.412, 3.467. So yeah, new token accounts is up there. So yes, there was a little bit of a stress. Yes, it's going on, but hey, that is what it is. And even I had problems. So I can't deny that. And that's how it is. I'm just telling you that, I know some people will say, Solana has no problems and some people on the other side will say Solana is nothing but problems, but for me, it still works. Just have some issues sometime. Anyhow, let me just think about that in the comments section. And lastly, well, second to last, Cardano. I didn't know what the heck was going on this morning, but this was all, it's about Cardano and World Mobile Token and side chains and partner chains. And I woke up to this because people kept referencing this to me and I'm like, oh, to me, let me take a look. This is from the head of the Cardano Foundation. I don't know if that's even his title anymore, Charles Hoskinson. And he's talking about World Mobile Token, which is, I love that project. It's trying to connect the unconnected, it uses AeroStats and the World Mobile Token and EarthNodes, which we are an operator just so full disclosure. And I think it's doing good things, but they're branching out. So here's what we got. Charles says, with respect to World Mobile, the goals of their projects require the construction of a global scale, heterogeneous protocol that handles complex hardware that is literally flying in the air, the AeroStats, licensed spectrum, user-driven network growth, future proofing, quantum reality we are headed towards. No current system. I wanna say this a couple of times. And I have to applaud Charles for saying this. No current system in the entire blockchain ecosystem is capable or has technology to resolve a project at this scale involving billions of users. I have to applaud that because you are not having a founder saying like, look, this is just a misunderstanding, we can actually make this, but he's like, look, we have issues too. We aren't where we want to be, obviously, right? Is any company exactly where they're supposed to be at the right place at the right time and doing everything perfectly? Obviously not. But they're saying like, look, World Mobile Token, they're doing the things they're supposed to do and if they go multi-chain, which they did, and that's fine. And I think that's where we're supposed to go. I think that's where we're supposed to do for all these altcoins. Now, Bitcoin's a totally different story. We can discuss that later, but as far as altcoins actually doing something, I can see this. And he had to finish up. He says, we notice repeat misunderstanding some of the community that a partnership, a partner chain is not Cardano. That's false. He says, look, if they want to do a partner chain or a side chain for Aya, which is their side chain on Cardano, then let them do that. The point of partner chains is to provide a framework to this while being secured by Cardano. So partner chains, Cardano, enjoying the remarkably solid infrastructure as we're running nonstop for 2,300 days, 24 seven. So look, I know some people despise Cardano and some people love Cardano. But I mean, you really can't take away from the fact that they've been up essentially the entire time that they've created the project. Can every single project out there say that? No, not even Solana. And that's why I diversify. But anyhow, I get a lot of comments for that. Again, repeat a thousand times at the beginning, we said interoperability is a pillar of a third-gen blockchain. Even if your numbers go up crowd, cross-chain transactions are always good for network value. I applaud that. That makes sense, multi-chain. World Mobile Coin is trying to connect the unconnected, not just the Cardano unconnected and screw the rest of the industry. Every human should be connected by a decentralized network with equal and fair rules. The point of partner chains provide a model for how to do this as we are demonstrating with midnight. And that's true. We should all be using as many decentralized networks and projects as we possibly can. And this is a discussion I actually had with Titus Wallet because there was an issue with them going down. Titus Wallet is a wallet for Solana. And I'm like, what are you guys using for backups and for cloud? He's like, oh, we're using Akash because we believe in decentralization. I'm like, well, that may be true, but Akash was down and that means we had an issue with your wallet. He's like, well, it's decentralization. At some point it'll all catch up. And then we took a look at other wallets that are out there and they're not doing that. They're using AWS or some other type of centralized protocol to move their wallets around. So yeah, if we want to go to the decentralized route, it's going to be a little bit bumpy. And then I just kind of asked the question, like, what's the big deal? And then people gave me their answers and A to A says, I'm like, crypto. Some people who hadn't been paying attention got confused and tribal. The team in Charles Rude was already happening. I got agreed there. And just as a reminder, I don't understand the problem because this was back in August 4th, World Mobile token announced that they're going to use other chains. And the chains that they chose were BNB, finance, smart chain and Ethereum. So I still don't get the problem. But here we are. Just wanted to bring it out to the lights and to see what the issue is. I think that's where we're supposed to go. Anyhow, let me just think about that in the comments. And then lastly, before we get to Q&A, we had a really good time yesterday. We talked about AI and some different various projects. One of those products that we talked about yesterday was Aether. Aether, I always say this wrong. A-E-T-H-I-R. And just this morning, apparently they had a node sale and they sold out $20 million worth of nodes. And this is a big deep end AI play and they're pretty much going against a lot of the big players, but a lot of good backing. And if you want to know more about it, my man Jesus Martinez did a fantastic video yesterday about why he's going big on these nodes and why he thinks Aether's gonna do really well. So I linked that in the description in the video. You can check that out as well as the video that we talked about of all the different AI plays that we're getting into from yesterday. So that is it for today. So look, if you like today's video, give it a thumbs up, consider subscribing where we talk about his time sensitive. Now, if you're so inclined, we'll do a little Q&A. Answer all your questions, the best of my ability. So we'll go from there. We got to take off, take off. Thanks for stopping by. I appreciate you.