 All right, now let's get into a little Q and A and we'll go from there. Let's see Sass I hope Ada goes below 20 cents. So I'll be heavily accumulating those levels. Yeah, that's what I did I think it'll do probably well. It's one of those that I DCA actually ah Lord sweet Mary and Joseph I saw a video on tiktok about people pumping Terra classic And I almost had an aneurysm for all this stupid f people thinking it would be a good investment classic. Hey Not that I'm gonna knock it But that's what they did with dogecoin and it was very effective It was very effective and dogecoin crime. I'm wrong. I think it hit like 67 cents at some point that was back in the day when Elon went on Saturday night life and they said don't sell into a dollar, but of course everybody sold and So don't look past that so people will people. I mean jh I'm with you on this one. Trust me. I'm not like oh we go by to Terra Luna Luna classic but don't Don't dispel the power of community. That's all I'll say Do I put mention my meal of course? What am I an animal? Of course, I do Robert's your peanut metaverse projects being front runners in the next market cycle. I don't know about metaverse I would go more towards gaming and I think gaming's got more of a utility and a function metaverse I don't know didn't work out too much for For Zuck and his projects, but whatever Let's see what else Hi, Rob. Who's is Ben that you're talking about Ben from another cryptiverse. He's just I Think Ben's buying a little bit, but he's like I'm not touching alts Che young chow. Do you watch baseball? There's a history correlation that if the Phillies win that our economy will crash Phillies world series whenever thousand twenty-two I doubt that we're in October, but we'll find out Couple concepts are correctly Dan's not your dad. Nothing advice. Very true Quality content. Thank you. Sup. What's up? And then look I know it was like not the most Positive video, but I know people want to Get that hoping in there, but I Just tell you the truth and just how I see it. I don't like I Don't see There's there's there's bear runs Bear runs bear relief rallies a bound those will happen So just stick around and you know if you want to take profits on the way I would definitely do that. I just don't think we're gonna see Bitcoin hitting all-time highs by December like some people have said that's ridiculous and Again, I just look at and go this is not what I always keep thinking you want to know What's in the back of my head? This is what's in the back of my head. I'll show you This is always in the back of my head Where'd it go? There it is so cardano, I started to accumulate cardano actually in 2007 now 2018 is when I really started around February and I'm doing it. I'm still doing today and Back then I was probably how much was I spending like 25 bucks a week. It wasn't that much books a week and Like again, you don't have to be a billionaire and if your goals be a billionaire you get pride to spend a lot more money but that's not my goal and I Just take a look at it and I just think this is what I did last time Let's do the same thing again worked out pretty well and if you First of all blow this up. I always this is what I'm always going mine You won't time the top perfectly you just won't but I mean if you put 25 bucks a week And if you could time the top, you know, you would have invested 4 to 600 bucks and you would have got 162,000 That was your How much you could cash out it's pretty good It's really good and then let's do something else and then throw me Forever in the chat throw me some some cryptos you want to see over time and I'll show you let's do Let's do Ethereum. I was what I was doing those two as well So 25 bucks a week stupid thing You wouldn't if at the very top you would invest at almost 5,000, but you would have a $3,000 But remember you got to get through all this stuff Like all the negativity and all the people telling you that crypto is gonna go away and it's gonna die and that's not happening The government's not gonna let the crypto die because you know why they want a tax to live in tar out of you And they don't want you to have money in your bank account because they can't get capital gains tax on that So they want you to invest in things That's that so let's see what about poop boo boo Binance coin, I that's the one I didn't I never did holy smokes Wow same Wow Well, you're gonna invest like 40,000 150 and you have $170,000 That's why I'm I'm doing it right now because I know it could probably go lower, but whatever now. Let's go into like some degen stuff Not that degen polka dot if I did 25 bucks a week a thousand That's pretty good. Actually, I guess it's not that good. Let me hit the calculate button There we go Invested 1600 and balance with 78,000. No, not that great What about oh I have a lunch that's not wrong here 3000 I'm gonna do this. Let's see 20 bucks weekly 2018 I guess so now always depends on what you do It's better than just having your money sit around in the in the same as account So that's what I'm always thinking about just so you guys know Alrighty, where are we? S less Oops, I missed one No, I mean, hello Makes some time sure Norman says is the Fed pivoting? No, I don't think so So being I mean they could and again like what I said like like I said before even if they pivot I think we still have some downside Again, just look at these numbers, but it a little bit different back then But there was still high inflation so even though we do we still got it and if everybody's right If most people are right with that people say that the Fed's doing too much And they're raising the rates too aggressively and we still have to go through that time frame That's what it is. I'm okay with that bad day for us people How is the market's doing? I thought it was uh, I Thought it was rallying for some reason. Let's see. That should be 500. Oh, I guess I'm wrong Well, that does make sense It's the S&P 500 is down a little bit Not too bad though What's the Nasdaq doing? I would assume it's thinking but you know Wrong before Not that bad. It's down point zero five. So pretty much stagnant And I gotta tell you one thing that gives me a little bit of a glimmer of hope is that you know last month as much as The traditional market went down. I mean Bitcoin was only down point to point two percent for the month of September So it's holding on there During thoughts about amp now I'm I feel sorry for ample of those other currencies or those other projects that were labeled as securities and that's In that court case by the SEC I think that kind of killed them for a bit The truth and facts are all I want that's good because a lot of people don't want that I Think if we DC the solid products like ADA Bitcoin polygon, we're gonna be alright come next floor potentially Just that's why it's like so important Just keep on these things because like in the if if if you want to set it and forget it That's a good strategy for like the S&P 500 because over time it usually goes up does pretty well Don't really think about it, but in crypto like there's all these different nuances So you really got to stay on top of it, but when but there's a reward at the end Not for all projects. Just know that if you invest in ten eight will probably bite it The ninth one might be okay, and the tenth one might be big Jay says can we see you jump in that green screen if Bitcoin Erica? Yeah Once it has on okay, I'll definitely do that Hi, Rob. I got two tickets for the Bitcoin conference in Edinburgh. Hey, that sounds fun I got a ticket for you. I will not make that. I'll be in Puerto Rico Actually, no, I'll be in Houston next couple weeks or next week, and then I'll be in they'll be in Puerto Rico for that Wow, Jay just pretty that's pretty aggressive. I don't think I'd say that. What? Where is I can't find it mad cow? All right. All right So on gala I own both of those Even though there was some some lag time. I thought it was super positive. Yeah, me too Hotski says Cardano staking is literally the best liquid staking there is other layer ones. They'll come close So it's a cure eligibility feasibility Ease of ease of use. I'll give you that for sure. It's super easy and very very I tell you if Cardano knocked out the park with with staking they just did Have fun with slashing rewards and all those things for Ethereum. I'm not like I'll stake all my crypto or most of them I'm not doing that with Ethereum. I don't trust that whole process It's a waste. I even went through a video I got about halfway through and I was like, yeah, I'm not doing this. That was it I know people like but it's so easy. Sure Ah Too phantom. No, that's it. It was now 2019 So there's a great question Connor says Rob Do you think Bitcoin will remain as correlated to the NASDAQ and S&P next cycle? No Well, it depends here's here's where it becomes uncorrelated when it doesn't become a speculative asset I know people will say How dare you say that Bitcoin is a speculative asset because there's so much use case and El Salvador is using it and and I use it on my card and da-da-da everybody calm down. Look Bitcoin will probably be huge. I just don't know how many years it's gonna take and Who knows it could be the world reserve currency I don't know but right now for people to say that Everybody's using it and it's a global phenomenon. It's not and it's a horrible store of value if you're talking about the short term It's all about time horizons. You're talking about a store of value over 20 years Yeah, I guess your point right if you're a third world's country and you make 400 bucks a month 200 bucks a month and you put that in Bitcoin and it goes down 20% That's not a good store of value. I hate to tell you that so I would go do stable coins So really comes out of this once we actually see real world use case utility for the masses Then it won't be a correlated a speculative asset and then we'll start to decouple But I don't think it's gonna happen until I could be wrong. Oh No, Jarky's back Jarky, thank you for giving everybody those memberships. Everybody loves you everybody Leo says 75 points are 50 points Tomorrow I don't see how the Fed goes. Yeah, PPI numbers a little bit hot, but we're gonna go 50 basis points But if they do go 50 basis points expect a big fat rally because everybody's talking about 75 So I Personally think 75. I don't see how they can go 50. I Don't think a 100 basis points, but I'm rooting for them to do that because I'm a masochist and I like pain Tesla I'm out for dinner big guys. Hey everybody. Jarky the legends, right? Spects. Oh, it's a great question TRT community. I like that. It's a good one if the SEC labels everything besides Bitcoin either securities Well, that's shut the other alts down like Aden dot. No and This is what everybody this is my my thinking first of all Securities we buy securities all day long over on Robin Hood. They're called stocks, but they're just registered with the SEC That's the difference. That's all really it is But to register with the SEC it takes time and it takes paperwork and it takes money Which some of these projects do actually have some don't because their startups and the time Constraints so this is what how what I see happening Most crypto is trash I'll say it again most crypto is trash and a lot of these products need to go away I just have to tell you my the truth that are what I think and I think with if Gary Gensler and the SEC and the CFTC and they come down and go, okay, you guys got this we got this and Here's what we believe to be securities and what we believe to be commodities and not that they can do that It's Congress's job. They just suck at doing everything So once they passed the law, which is a great law. We talked about this yesterday Senator Lummis from Wyoming And it lays out what would be considered a security and commodity and and what the SEC and the CFTC will do Once they get that part down and say, okay fine Bitcoin and theme are commodities, whatever Everything else is security. So now these projects. They're gonna have to go and register with the SEC So they try out their lawyers. They try the paperwork to try out the money and they just get it registered however long it takes Maybe there's a fast-track option. I don't know But a lot of these smaller companies are projects like hey, we can't afford that We don't have the time frame running money. And of course, you can't get them on American exchanges you can get them on decentralized exchanges But look what happened with XRP, you know, you can get XRP anywhere you can get on Chloe you can get it on other exchanges, but there's a reason why it fell because there's the loss right now with Ripple So what they're gonna do is you smaller products are gonna die or The bigger projects are gonna pull a Facebook meaning they're gonna say hey We like what you guys doing over there. We're gonna absorb you and your developers. We're gonna do a buyout That's what Facebook does all the time. It's no reason why Facebook is relevant They're like, hey Instagram We like pictures. We're gonna absorb you. Hey, what's that? We don't really have that that's that type of functionality We like what you're doing over there with with telecommunications and the mobile app We want to buy you and so on and so forth That's what's gonna happen. I think with these bigger projects They're just gonna start to absorb and buy these smaller projects and become bigger They're already registered. They're under the umbrella of the Cardano the polka dots the you know near Protocol and whatever else and that's what I think will happen and that's what I think has to happen and I'll be okay with that Consolidation of efforts sometimes that actually works out Okay, oh Jupiter Jupiter lays it out there CPI will be higher than estimated tomorrow 75 basis points times three incoming next year makes I Don't know if I can say that That's interesting interesting concepts Bobby shouts Bobby I did get your your question about Does coin ledger still integrate with the Voyager and Celsius I have a I have that question out myself because I Use we talked about this yesterday about the tax software I use coin ledger and I integrated with I was able to integrate today with Voyager, but only Intel it was January 2022 So I have a I have a query out to those guys and see what's happening I'm not for sure and Bobby says Rob Thanks for the content, but I'm funny hard to get excited about crypto with the IRS in the future So here's what you got to remember Yeah, I know the IRS sucks and Look Even like even though I moved to Puerto Rico all the crypto that I bought before I still had to pay capital gains tax Because you don't start to do anything until you move there, which I didn't move there until 2021 late whatever so Let's just say Let's use that example. I did with with Cardano, right? And it was let's say was $500,000. Okay, you made $500,000 off of 5,000 whatever it was. I forgot Let's just say a hundred thousand heck who cares see about a thousand You keep it for over a year your capital gains tax is roughly 20 20% roughly, right? So, yeah, you got to give the government 20,000. Yeah, that sucks Actually, it's not Because you it's your initial investment 5,000 minus a hundred thousand. That's 95,000 20% of 95,000 You're looking at 18 19 thousand dollars So 19,000 roughly and then you get to keep $81,000 and you get to give you get to give you have to give the government 19,000 Hey Worst things out there to do, right? So I understand IRS isn't my favorite thing either But we all got to pay the piper then you got to take a look at it like what can I do with this money? What do I do? What can I do with it? Maybe I put into other assets like real estate, which you know I can use as tax deductions along the way For the depreciation value. That's why I love real estate so much So I'm always talking about it and of course I can do a lot of things with real estate I don't have to sell the house. I can do long-term rentals find a renter or go there Or maybe I want to do short-term rentals and maybe I want to deal with the hassle. Maybe I just hire a company Property management company and they take 10 15 20 percent. I don't do anything So that's where things get interesting Just saying there's much there's many options out there This is a good one Brad says the last 13 to 14 years have been generally great returns post financial collapse Yes, all the product you checked he's seeing in the after the point. Yes, that's true I messed that up. We'll see what they're like post blacks one. Yeah, we'll see It's a good point and Brad's I will add on to Brad's comment Which is this some of the projects that you're investing into right now are not coming back They're not I'm gonna show you something There's this Website I'm gonna find it. Yes. Got it Called coin market cap. I Used coin get go but whatever coin market cap I think Binance owns that now, but you can take a look at historical data snapshots. So let's just see Well here remember that though the four-year cycles I was talking about July 2013 Let's just go to 2013 just for giggles That was like the all-time high Here's what the top cryptos were Bitcoin. It's always been Bitcoin. First of all, that's why people invest into it Number two is like coin Name coin. I have no idea what that is pure coin. I don't know Nova prime coin feather coin Terra coin dev coin Free coin digital you get the picture None of these are around except like coin, which I don't understand why Double loonies So now let's jump forward Let's go in 2017 16 actually, you know what let's go 2016 December 18th real quick Bitcoin Ethereum XRP like one again Monero theorem classic what? Dash remember dash. Ooh dash was big Made safe coin still man. I remember steam. It was the best. It's supposed to be the next great thing nem auger Factor Dutch coin still there look at that wave stellar. I don't know what economy is Lisk, I remember a list our door bit sure z-cash still around Byte coin emmer coin golem. Oh, that was a big one. Let's go down then to 2017 December 17th Bitcoin Ethereum Bitcoin cash That's number three. No way XRP like one again iota was number seven dash was number eight nem was nine I can't believe that Bitcoin gold whoo number 11 eos. I'll beardy remember those days. I was beautiful neo Cute a bit connects the biggest scam out there populous only say go So when I do all these things just remember this when you're investing into the next hot thing It could be it really could be But more often than not it's pretty risky. So just head your bet and go from that's what I would do I can't give you financial advice, but just remember that the things that were hot back then Sometimes I know where to be seen now. Ah Jane chow saw your tweet on French people with oil gas ish and Twitter Did you get a response from them to verify the diesel crisis? Yes Some people said they were driving through France as they were going to wherever they were going And he said that that was true, but other people said no, it's not as bad as what people think it is Remember, there's sensationalism sensationalism cells. There's also a strike apparently In the natural gas refineries or whatever in France. So That could be I could definitely play a role in that All right from the Brenton Florida construction site. Hello Jeff Bobby shouts taking theta and t-fuel Thank You Jarkie appreciate it Much respects always here, but you are awesome when right I'll get to the next one Jeff Yeah, oh Jafar says it's if there is easy to get slashed. I don't know how long that how much it does Yep This is true. You just got to start gaining weight. It's very hard for me to do that though Yeah, Jared says a good point the best time for a hundred basis points was two or three months ago You know what that's a good point. They would have done that. I think we're gonna Probably gone a lot farther. Oh Man sec is saying every NFTs a security as well Wouldn't doubt it but everything's a security it's a to Gary when you're a hammer everything's a nail So Jeff says not a percent sure but I think Alex lied to us. Hey, I'm also gonna have Two heavy weights in the Celsius space Aaron Bennett and Tiffany They're mostly Aaron's got a great YouTube channel and Tiffany's been getting some good Information about what's going with the Celsius project and talking to ex-employees. I'm gonna have them on Sunday I'll try to get that video out and I just wanted to give I just want them to get us up to speed Because if you're on Twitter a lot of fragmented stuff that's out there and the things that I just I see I think people need to know about and I want to put this in a timeline and a Coordinate a matter and then talk about Simon Dix's plan, which I think is probably the best plan We're gonna have and go from that. My life is over VGX Rob Yeah, so I know I'm gonna guess It was all because of Voyager and how they probably you probably stuck a bunch a lot more money You thought you were gonna need and you put it over there happens I Had a good chunk on Celsius. I think people already people already know how much I put over there also on Voyager and Yeah, you know I'm gonna I'm gonna give you a stick of step back and tell you this 2017 when I went way overboard on crypto and it crashed 90 something percent most of it already 5% 85% of a Bitcoin 95% for alts I put a lot of money in there and I was going through I was being sued from my business for Trademark infringement real pain in the a and Took me three years to get through that and I had to pay a bunch of money And it was rough times. I must admit it was rough times and I thought damn I'm never gonna get to this never use of this, but as time goes on a little bit of a break Thankfully had good people around me and I realized that money wasn't the end all be all I Know right now it sucks But there are better days ahead of us just that it's gonna take time If you stick around it's just like the army you just stick around and show up good things happen Just you got to keep showing up. I know it's not the best thing the greatest thing But it does get better and I gotta tell you in 2017. I was pretty Pretty low for a bit and it did work out especially after that lawsuit whoo So there we are 40 minutes and how do I get the late notifications? I need to don't sue new YouTube They will know they will not notify you. You know, I take a look at how people find these videos 5. Something percent is through notifications 5% 40% are in suggested videos And the other one is just search So like that's just how it goes Yeah, that's your crypto. Oh That's a good one. You're says Robin your upcoming solar videos. I'm not gonna put a video out, but Like to get into that more please include the 2023 federal tax credits and the cost calculations I will do so I predict doge and shib will ironically do quite well since neither of them really passed the Howie test Yeah, it's abatable Yeah, capitalists. Thanks, Jarkie and your opinion will sweat moon now I Sweat the cryptocurrency Platform the great app I've been talking about It will not moon anytime soon. It'll probably drop farther Just will just like everything else is gonna drop I think but I think it'll do really well as time goes on Look, it's actually a an app that you can actually use and has utility So again, you can download the app links in the description You walk a little bit to give you these sweat and if you're outside the United States You get sweat and you get the the crypto itself and you put in a crypto wallet But if you're in the United States, it's like a rewards program and you can use that to buy like Goofy little things like I got some some headphones. That was pretty cool and go from there So I think it'll work out just it's gonna take some time just like everything else But I still believe in it and I'm still locked up for another 11 10 11 months, that's true I think about it. There's always a strike in France. That's true Yeah, 50% Bitcoin 20% of you from the last members and gambling random alts That's a good way to do it from George your work cryptos are us. That's the way Well the next bull run me the last big one now Everybody thought this 2021 was gonna be the the last big one But I think if you can just take a look at the institutions that are lining up and buying I don't see that at all and especially with the amount of Attention that it gets from the US government and all governments for crypto BJS Rob gets the vinyl light is asset. I'll see if you can come by. I don't think that's gonna happen We'll see Gensler works for the devil. Well, if you think that the government is a devil, then you actually have a good point Ah VGX Rob says I invested 40k on the VGX I'd be a credit card balance Transfers. No, no zero percent promo periods have ended. I'm dying for interest. That's a heavy interest. That's for sure That's why I was hoping there would be a better better play than that than the FTX and another thing but the FTX deal I need to Again what I saw it looked like it was all cryptos at 70% not excluding VGX That's a good point. That means baseball cards of securities, too Hmm hanging there, bro To VGX Rob find a credit assistance program. I'll be get our debts write stuff off live lean and get better get better for sure Let me Ah, see SD says I get notifications all the time. Great What digital news now, but I should get some people on here to talk about that for sure I will do that. I will do an update right now. We're waiting for people to vote and People to vote on that FTX acquisition of Voyager Assets see what it is. I need to take a deep dive into that Ben still waiting for a 99.99% Bitcoin down for buying homes. Oh, look at that I found by checking my subscription feed. That makes sense Yeah, Jess says I'm with Simon Simon Dixon as smart as he is I don't feel so stupid because Alex trees and do Alex tricked all of us. We all got tricked. I'll get duped and if you cuz Celsius doxed all of us. So everybody knows how much we have on there. So not surprising and everybody knows now I Have six figures on there. Oh That's right Yeah, we're gonna do and Simon's got 10 million on there. So I don't feel so bad, but you know, Simon's an OG Bitcoin Investor and he's done a lot of different things with a lot of big companies like the Coinbase and the bitfinex and all those things in his company bank The future and even he got duped. So I know when people say do diligence and things like that sometimes He's got some good swindlers and that's all I can tell you and one more thing that sells squeeze thing that's going on That makes no sense to me whatsoever. The only thing they're doing is exit liquidity for the machine skis. That's it. Oh Said it's right. I Could be wrong, but I don't see it and then lastly Unless the financial system goes off the rails, even then I think we'll try to patch things instead of reversing It's very Potentially true. That's what the financial system is just one big band-aid on another band-aid another band-aid See what how far we can get because right now if you just look at it. It's not looking too good. I'm surprised that the S&P 500 NASDAQ has held up as strong as it has. I'm only I don't even know what the market is in crypto right now because I just stopped looking I'll look in 2024 maybe that'll be a good time. That's it. So look everybody There's a road ahead of us and there's two ways we can look at it The ultimate doomsday or just to get through it trudge through When you're going through hell just keep going Winston Churchill, right? And that's what's going on right now. Not a big deal. We'll get through it It's gonna take some time. So that's it for today. So look you like today's video Give it a thumbs up consider subscribing all that good stuff, but that is all we have So I appreciate everybody sticking with me. I appreciate you for coming by and I'll see you guys in the next one Adios for today