 Hello everybody, welcome to the live stream and what a day to do a live stream as the price continues to pump So we a lot of talk about so let's just jump right in so the first thing of course unless You have not done this yet the price of Bitcoin is hitting up quite quite massively and It's when I was taking a look at this there was there was this old Reference that I had been have been talking about before and was all about tether and about how easy it could actually be but if we're gonna That I just want to take a look and just congratulate again everybody for getting through the hard times of The crypto market and the bear that that was and it was brutal. It was a massively brutal But today is another day to take a big celebration So today I think we topped out around 66 7 so almost hit 67,000 all-time high is roughly around 69,000 and man You cannot you cannot ask for a better day and of course we'll take a look at the ETF as all the numbers roll in But of course right now. It's only 12 o'clock Eastern Standard Time So we've got a long time before the the market closes But we can take a look and I find this quite interesting as far as like last week because You know for ETFs and trades and things like that. They have to do that during normal business hours So of course the weekend is shut down. That's why I'm not a big fan of the ETFs I know some people are they put it into their retirement accounts and that's fine. I personally think if I'm gonna do a retirement account What I'll probably do or what I'm doing right now is using I trust because I can move things around there 24 7365 I don't have to use just Bitcoin. I can use a lot of other things. So might take a look at this I'm like, all right. Let's take a peek at Looking at the flows so on Friday and this is a great website. Hey Apollo comm links in the description You can take a look as far as the ETFs and you'll see that most of the days is a positive net Inflow not a big outflow But of course with grayscale doing its job, which is of course just dumping you see that's happened across the way And Friday was no different when it was a massive amount a massive amount of actually outflow From grayscale itself you had 492 million. I think Now it's pretty much in line with what it's been dumping lately I mean the second day of the ETF was 484 then 460 and so on and so forth So I'm not really too surprised about it, but it was a big amount of Dumping on the market and there was a little bit to be absorbed So it was a negative 139 million, but still the total spot ETF is $7.3 billion so it's looking pretty good and I was thinking about this I'm like, you know such a such a massive amount of outflows What was some of the deciding factors as far as like this monster day because today I mean look we started today at 62 62 and we had to 67 that's a pretty hard thing to do For an asset that has roughly well the fully diluted value or the market cap itself We'll just take a look at that is 1.3 trillion. So to move 5% 10% is pretty massive So when I was thinking look at this, I'm like, what was it? What was the thing that could really have pushed it over now? There's more ETFs coming in as a whole host of things but Someone had told me a long time ago They said if you want to know when the next pumps are just watch tether and see how much gets minted now This isn't the only thing obviously, right? There's more ETFs coming in There's more people buying into Bitcoin. The narrative is there. We're about to hit on a having I know some people say that the having has nothing to do with the Bitcoin price action I do not agree with that but that's for another debate some other time But they did say like look when it's all about liquidity and if liquidity is there and we saw that of course with in the Surveys of sickness era when we had stimmy checks all over the place This was something I said, well, maybe I'll take a look at that some point on February 20th There was a billion dollars with a tether minted, right? And I said hey the US has the fit the US has the Federal Reserve and the crypto market has the tether reserve And I took a look at that in February 20th. I don't really think too much of it because it was right around here When Bitcoin was around 50,000 I was like, yeah, you know a big deal And of course for like five or six days or so nothing really happened And then the six day to the seventh you saw major price appreciation now Of course, there's a lot of factors look at that But it sure does help there's a lot of liquidity into the market then of course we kept rising then a little sideways and then of course on March 3rd at 6 in the morning Whale alert says hey another billion dollars just got minted at the Treasury Or the tether Treasury and I linked this in the description so you can follow whale alert on X and of course what happened on March 3rd Well 62,000 now here we are almost 67,000. So again, I take a look at some like is it that easy just to see Where the next pump is like just buy a massive amount of Bitcoin whenever when tether comes in maybe maybe not but I think it's something to be aware of But on top of that, you know, there's a lot of bullishness going out Especially we talked about ETS This was a piece from blockworks talks about restricting access to growing Bitcoin is becoming hard to justify There's another another group of institutions that are coming in and to me when I look at the ETFs just how much money has been made How can you deny this like Vanguard? I know the CEO was just removed or stepped down because he stated that he would never allow His customers to participate in a Bitcoin ETF And since this ETF is the largest and grandest of all time so far as far as in flows I think it's a huge mistake and I think a lot of the traditional finance people are like wow Maybe I'm gonna get into this and of course It just makes a lot of sense going from there But then if we think about it these ETFs There's a lot of correlations Between this and the people that are coming in and the last gold ETF I know people are sick of talking about this, you know making parallel Parallels between gold ETFs and the Bitcoin ETF one thing I will say about this I never really truly thought about Was that when this ETF came in and of course we talked about our like for the first 10 months or so It pretty much just went sideways Didn't do a lot But then you know over time it starts a you know really rip and and take effect The one difference then one glaring difference between This gold ETF and a Bitcoin ETF is that when this ETF came through a Lot of the gold miners people in gold production people that dealt with the investment of gold new would be very Very good for the market. So what they do is harder to ramp up The amounts of production that they could do for gold. It's harder to get into more mining more people more of what would actually allow gold to be produced or to be mined out and actually Brought into the public and with Bitcoin you can't do that So we're about to hit a halving on April April 20th. I believe correct me the comment section So if that holds out to be true, we've got this is the first time in human history We have an ETF that has a truly finite amount Not just scarce finite and we have more ETF coming in more people who want it. It just maybe we're not bullish Enough hate to say it like that. Maybe that's what it is So yeah, let me only think about that and the comment section if it's that easy just for like just following the whale watch And see what they do or if it's just a little bit more something complex But I will say that there are some other macro events that are kind of holding us down Not holding us down, but making people think which is this and I think this is something that's really should be in the public consciousness which is Debt and inflation. I just found this on CNBC the national debt This is just in the US. We're really good at this US national debt is rising by a trillion dollars every hundred days. Imagine that roughly every three months Our debt goes to an increase by a trillion dollars. How are we able to pay that back? I mean, is it all about GDP and The goods and services that we actually produce an export Are we gonna be able to pay that debt through those types of things? No No, we're just gonna have to print our way out of it and when we print our way out of it Then we're gonna see stuff like this. This is my favorite website to if I had to show somebody these days I don't really care about trying to orange pill people. It's not my job anymore I've done my I did my best years ago if they want to come here great I'm like a lazy outfielder. You know the pop flies coming. I'll catch it. I'm not gonna die for it So like with this one And talking about inflation if you just show somebody this just make it super simple just show them this website Click on new houses and just look at this just say you know in 2019 roughly four years ago it cost 82 Bitcoin for a new house when a new house was like three hundred thousand dollars now a new house in America is 430,000 and it only she's that right It costs less than seven Bitcoin for that new house So as time goes on, I think Jeff boo said this flawlessly If you don't get into Bitcoin Then everything that you buy will increase in price if You buy Bitcoin and use Bitcoin and have it things will decrease in price Well, not really people to actually because the value of Bitcoin goes up But you can see right here. Just take a look at house prices. That's what everybody measures their Well, most people measure their wealth against like, you know the houses that they own or how much value they have in there Because that's the American dream and we can see right here. That's really not the case because it just keeps going down. Anyhow that would be my my orange pill selection and then we go from there and then Lastly, let me just say this I Don't understand the people That's that's better. I don't understand the people that are actually Shorting Bitcoin right now or we're getting into it. I know people were they would talk about like well, you know When we go into the having then there's and there's a there's price depreciation and then afterwards. There's this I know There's not I mean, they're kind. Okay. Let me show you this Let's just go over this real quick So let's see. Let's max out so the last The last Bitcoin having was May 11 somewhere around there 2020, right? So it went from 8,000 Yeah 8,610 9,000 9,000 8,000 10,000 So I don't know what people were really saying that it does that. I don't think it really does that I Guess if you go all the way back to March, let's so let's go back Let's go back some more So we can see 8,000 8,000 9,000 9,000 135 and there was a drop off to five, but of course Unless there's another pandemic that's gonna happen. I don't really see that going through So maybe I'm wrong and if we go all the way back to 2016. I want to say it was in June somewhere around there And we can see this March April May, June Rallied in 750 bucks and it crashed to 591, but again, this would be like after the having I Just don't get I don't know. I just don't get people Shorting it because of like it has to do this this thing before but maybe that's the narrative and that's what it is So I don't really see it happening that way, but we'll go from there Anyhow, let me just think about that in the comments, but there is something I'd like to talk about which is We're all big on Bitcoin, right? We are I love his bit coins the number one, but at some point There's gonna be a shift and That shift is gonna go to all coins And if you if you're like Bitcoin only you can this is the point where you need to turn off because you're like I'm Bitcoin only and everything else is s coins. That's cool for me. I have 70% of my portfolio into Bitcoin, however, I Know coming up. They're going to be a little bit of a rally of all coins. I know it I know because that's usually what happens and also it's really what it comes down to is retail when retail comes in They will pump the price of all coins. They're gonna come in They're gonna see the price of Bitcoin at 100,000 or whatever it is and say look I can't afford 100,000 and no one's gonna tell them about Satoshi's They're not gonna say you can buy 10 bucks of Bitcoin if you really want to it You're just gonna see that sticker price and go I don't like that. But that doge coins over there at $1.20 I'll probably get something like I'll get like 10 of those I can afford that So alt coins at some point will go up Do they do things and they have utility? Sure But in the long run, it's all hype speculation and greed So having said all that let's talk about AI coins for a second And the reason I want to talk about this Is because Jerry V Hall was uh, he was at Panama for this AI conference And he said he met with over 20 different individuals. He's doing like a mini documentary Jerry's great I'm gonna have him on the show very soon. He said this is the ones that if uh talking to everybody These are the ones that I would get into And if you go to coin gecko And he go to the categories Of course the ones that are on fire quote-unquote or artificial intelligence. You can click on that And it'll show you the top AI type of projects and you can also find out where they're actually listed So you see bit tensor render fetch AI corgi AI singularity a caution column and Jerry did say he's like, yeah bit tensor is great and it's probably gonna do fantastic But if we max out to see where we're at It's already done some pretty magnificent gains and over a year. It's up 515 percent Gosh, geez that's a lot. So it used to be yeah 100 now it's 637 Of course, look at the total supply a max supply 21 million. That's why And then we take a look at render which I don't have any bit tensor I have some render and I bought it a while ago Total supply is 531 million and of course if we max out on this one, we can see that it's done its job It used to be eight cents on 2020 And look where we're at today So if you want to get into render, it'll probably do great But I'm just saying if we're taking a look at like some price appreciation, do we miss anything? I don't know Here's the other ones that Jerry talked about singularity and singularity The ways that he talked about why it's going to be great I'll have him on to explain it, but I'm just looking at price action if we max out here We can see that who first of all It used to do Man, this was all the way in 2018. This was back in that wow this thing's been around forever And of course it crashed to a nickel And then then it went up 2021 to Oh, would it go Didn't hit its all-time high Whatever this is this candle And over here 60 something cents Crash down and over here and that's it and over here. It's at 95 cents So you said that could be a good one, but it's already done a lot of price appreciation fetch AI same thing He said fetch AI is going to be great. I don't know how well it's going to do but look at this price action It's already gone crazy But I remember in 2017 When I got into bitcoin It was $8,000 and people said well, it's already done an 8x from a thousand from the last all-time high And then also they talked about well, you know that ethereum at 300 bucks. That's pretty much topped out It used to be like, you know 25 cents And of course here we are today. So take it for what you what was worth, but then he also talked about hypercycle I think this one could be This one could be a sleeper and it's the same guys that did that are part of singularity net essentially it's essentially it's deep in for AI using the computational power of your unused unused computer And actually paying you in hypercycle if we max out this just started not too long ago May of 2023 used to be 38 cents. That's only that so Take that as you see fit and then also Talking about deep in stuff, which I'm going to do a deep dive on this one. It's minutes network It's from the same guys that brought you world mobile and to me it like this one makes sense I'll talk about this on the other channel. I won't do the whole thing but It kind of goes like this If you want to add value to anything all the stuff that we just talked about This is from brian tracy great arthur And he says you have to produce more cheaper faster and easier right produce more cheaper faster and easier It's the same thing with deep in so like you could build a bunch of warehouses And spend the costs for that labor production costs Then of course you have to do the permits electricity water then you got to actually fill this all up with all the Ah the networks and the computer and the and the cable and employees and insurance and all that stuff And then of course put everything in and then build up your AI new Center right or you can say I forget that let's just use the the computers around the world for people and pay them in A cosh or hypercycle we just talked about or theta or render or if we're gonna do something like You know what we just want to do file storage We don't want to make a bunch of different warehouses and pay a boatload of money Like which is what google does for cloud Computational services we want to do file coin or our weave that makes sense right that's the whole deep end They're like we don't want to do that We just want to use your computer and we'll pay you to use your computer It makes a lot of sense or you could do it like what helium and world mobile did I said look Instead of us erecting a whole cell phone tower And then paying the people do that paying for the land paying for the permits the upkeep the insurance and everything else We're going to make you guys buy The nodes itself the physical nodes and then we're going to Have you stake with us and we'll pay you in helium and or world mobile token It's it's a great arrangement and of course you can use you can hopefully it all works out I still have my world mobile token and an earth node Provider and then of course with with minutes network. This is the whole point of this minutes network goes like this Instead of us using these middlemen Who essentially if you make a call on your cell phone? There's always the people in the middle that take a cut of that and they're the connectors. So if you call somebody There's this thing called a whole cell voice communication network And it's a 251 billion dollar network and they have to buy all these different warehouses and all these computers and everything else And what's minutes network set is how about we do this? We're going to take two lines of code. We're going to stick them in your favorite apps We're going to grab some nodes. We're going to we're actually going to pay people in minutes network token They're going to actually share in the revenue process and it's 80 less expensive for cell phone customers I will talk more about that later I just want to see just tell you guys of what's happening and what's going on outside of bitcoin because I think we get a little bit of A little bit of tunnel focus, but I think there's opportunities out there We'll go from that. That's it for today. So look if you like today's video Give it a thumbs up consider subscribing and then we talk about his time sensitive Especially going into the halving which is coming up in roughly four or five weeks somewhere on there. That's it. Thanks so much I appreciate you