 Hey everybody welcome to digital asset news and today it is Sunday It is the 11th of December and I wanted to try something a little bit new because every day when you guys show up And I'm here we talk about what's going on the news and and some of the things get kind of convoluted with what I'm talking about And I kind of neglect some of the really good questions that are out there So I want to do two fold today. First of all What's gonna start off with the Q&A we're gonna go from there There's a lot of things that are going on in the crypto space some negative some somewhat positive But I don't really want to focus on that I just want to focus on the questions that are out there and then also Before we go into that a little piece. I also wanted to talk about This which was we're doing a giveaway and over the last four days or so well, we didn't do Anything yesterday on Saturday, but the last four days or so we've been doing these these giveaways And it was two hundred three dollars and a eighth and all you had to do was like retweet and stuff like that for Just a tweet that I had put out about Lady's NFT and they'd actually reach out to me and go. Hey Rob Would you like your community have free money? And I was like, yes because we've gotten kicked in the teeth for so long with all these centralized exchanges So they agreed just to To pony up some free cash. They didn't pay me a dime Which is okay because they're a great community lady's NFT and also these nuts NFT which I like both of them I'm working with them for over a year now And I love I do they're great. So they said hey, we're gonna do one more big Big promotion and it's 20 2,500 bucks. So it's $2,500 in Ethereum, which is gonna be a grand prize winner for Anybody who mints or is registered not everybody Know if my Wi-Fi ever comes back your Wi-Fi is back and sorry about that We're having issues. We're getting fixed with the tech is supposed to come this week So right now we're gonna do is I'm just gonna show you walk you through the process of minting a lady's NFC And then we'll get to the question. So right now if you're here submit any and all questions to the live chat Let me say that again if you are here right now submit any questions that you and there we are All right, so first things first if I can keep this Wi-Fi going. Well, I mean, it's connected directly It's not that it's not it's a it's a question with the connection from Puerto Rico here. Okay, so first things first What is this? This is? Ladies NFT and NFTs I really don't I mean I get they're gonna be big But there's just some things I'm like, I don't really know I will say this though NFTs I think will be they have a real use case as far as utility for gaming And these guys they're gonna put out a metaverse of course You're they're gonna be able to be Intermigled with the yet these nuts NFTs which is guys over here, which they're doing a bunch of play-to-earn stuff Casinos and things like that. I don't think it's like a casino It's something different and they're gonna do a play-to-earn little games where they're gonna give you I mean they have over $500 per day will be given out that's dollars Not like 500 lady tokens or something stupid like that. So that's what's going on. So I want to show you real quick How it is to mint these guys So first of all if you don't know how to use you're gonna need to understand about a metamask wall If you don't know how to use a metamask wall, it's okay. This is great website It's called Dante just crypto it only costs you one Bitcoin per month to be a member I'm just kidding. It's actually a hundred percent free and you go there and you click on start learning in the sign-up with your email That's all I need. Get your email. You get using a password I don't spam you the only thing I do is I send you an email every time I upload a new video Which is actually rare these days. So I've been that I got in here is pretty much my best information So I'm gonna log in real quick and of course Most people you've already known about this website many many a time but like for somebody who's new You would just go to module 5 how to use the metamask wall. It's right there. It's very simple 9 minutes long very very easy to go over how to use simple swap how to update your firmware how to do your taxes How to stake theta cardano avalanche poke That's just in module 5 and there's a bunch of other stuff. So if this first part goes over you No big deal. Let's go to Dante's crypto and uh, I'll show you so now Lentz let's mint Let's see if I can do this right Let's mint some nft. Shall we So oté so here we are. So there's a link in the description And it goes right to this website ladies mint.io. This is what you need to do You mint your ladies nft. It gets entered into the drawing We do the drawing tomorrow live on the next live stream And uh, 2,500 2,500 bucks goes to the winna For ladies nft. So let's see here 10 nah 15 actually, you know what? I'm curious real quick I'm gonna leave it at 10 for right now. You're gonna click on mint now and when that happens. I don't know if you can see this ow does it Let me try it in the way to so you can see my screen Because you're gonna need to see this this is gonna be kind of important No, it's not right Entire screen Let's try that this is gonna look weird for a second. Hold on and then Okay So let me see here You should be able to see I don't need that You should be able to see hopefully you can Where'd it go? Oh, there it is. Yeah. Yeah. Yeah, okay So you should be able to see the ladies website and it's going to say public mint 10 And you should be able to see where it says connect with metamask Cancel or next you should be able to see that right now a little bit tricky to do it like this But I think it should work. Let me bring up the The chats tell me if you can see that right now. I brought something up so I can actually see it something different Uh-huh Make your screen small. That's great Let me see Yeah, you can see it. Okay, great So here's what's gonna happen when once you get there You're gonna have to have your metamask wallet or someplace that you put your NFTs. This is where I put it So let's see. I've got two accounts PO AP proof of attendance protocol And that's pretty good stuff. Uh, I'll just pick this one and we're gonna go on next Okay, connect to this is my This is my public ERC 20 ethernet address and I'm gonna click connect Ladies to da, okay So So roughly it's like I don't know like 80 bucks or something like that to mint somewhere around there So I'm gonna mint 10 Roughly, all right And uh, yeah, and you can okay. Let me reject this You can mint as many or as few as you want to every wall which mints a quantity of four Four receives one raffle Entry draw to win a custom one for one ladies empty. Okay Uh, of course, that's customers one raffle draw one that winner founders token. I've seen it's pretty good I got one of those One raffle draw and should have won a whopping $5,000 underneath but on this one's gonna be 2,500 bucks because they're gonna do a mint now Okay So that's gonna cost me $1,400 Let me reject that. Let me see how much it costs Not that that that So just four So, I mean you can you can mint one or four is one matter one two three four. You can make you can make eight You can make 2,000 Now let's see 350 350 for four. Okay. That's not too bad Now let me check that I'm going to mint a boatload because why not I like these guys. They do good stuff Okay, and just so you know, they've already got 4,181 out of 4750 minted Now that that's the way you should do just telling you Actually, I don't think I've I don't think I have the coin for that. We'll do 16 mint now All right 1,400 Eeks Yeah, whatever And that's it anti transaction pending close So then you just go through the motion once it gets in. Ah, that was awesome. Cool I am now done. So I have 16 so that means I have four raffle tickets and that's it. That's all I gotta do So that was the giveaway again. Thank you to ladies nft for sponsoring the last five giveaways we've done so far And it's one of the few that actually have Actually building the bear market. So that's it now. We've done all that stuff Let's get into first of all my stop streams Let's do in the q&a and that is what we have For today Okay, let me go to the very top. I know it's a bunch of questions Hello, bicky Ron DePaul good afternoon. Hello 2022 year of the rainbow bears Have you as everybody has everybody seen the um, there is this indicator. Let me share my screen again That's broken. I think it's broken There we go Share screen look at this Look at this Ah, I got here. There's this great website. I'm always blabbering about looking at bitcoin. So it's free. I think I really got great charts and one of those is this uh, the bitcoin rainbow price chart indicator And it's broke Because the value of bitcoin has gone down so much. It's uh, it's unable to keep keep up So before there was never like this little blue is really dark darkest blue, I guess Uh, it used to just go from accumulate to buy and then now it's fire sale but look at this As of a couple days ago Don't know on november, excuse me. I take my take that back. It's actually they need a new band uh To update this because it's below even the fire sale band and that's that's at 17 000 I personally think bitcoin's gonna go lower could be 13 000 12 000 I don't know a lot of people think that's crazy, but I mean Everybody else said that uh, the low the low was in in june and look at all those geniuses. They're wrong again So I see some more pain, but that's it. Yeah, let's see But don't get me wrong. I've been wrong on plenty of things I think we all know the things I've been wrong on right Voyager celsius vgx token Uh, bitcoin 150k, uh, what else? Ethereum to 10k. Yeah, I've been wrong on those things True true true His lady's a new potato chip. No, it's just one of those nft projects Yeah, that's just a community. I like them if you have nothing better to do and you want to laugh go over to the, uh That these nuts community, but it's hilarious custom Custom my old landlord today, so I'm feeling pretty good. I don't know. That's the right thing to do Yes, frozen three because that's my my internet Yeah When is uh, sam makeman freed going to jail? I'm gonna make a prediction right now. I don't think he's gonna see any jail time I don't I think um, everybody's saying how how amazing it is that he keeps talking going on I think he's giving away enough donations and he's doing a master class on how to Garner himself as incompetent and and not responsible for anything. I think he's gonna get off I don't think he's gonna have to go to trial, but I think he'll will be exonerated And that'll be that And it'll be a template moving forward for every other billionaire to follow who wants to get off scot-free That's my prediction. I could be wrong. Hope i'm wrong diesel kane is here tesla's here It's a good idea pump it up gaming says not that you're not that you're not doing dca I'm not doing dca anymore Uh, I stepped down from that and I just thought I felt it was time and uh James got a new lineup looks good And uh, that's that's it. I just it was just becoming a little bit too Negative sometimes so I just wanted to separate the tribes Let's see. What's your thoughts on once a week every just once a month having one of us on your show It's not a bad idea. It's a great idea. Actually, that would be great Have somebody from the audience just to come in and just sit down and like we shoot the Shoot the shea And do a quick show about what they think and the question is then How do we pick that person? That's the that's the next big question. But yeah, I like the idea. That's a good one See Why just stop doing dca? So again, like if you saw the last dca show we did it just would be getting progressively more negative everything in the comments was just negative Because like I've got my own little style Ben's got his own little style and james got his own little style And for the most part it was fine, but then it just became like Just more and more Crappy and I got tired of it. So I said, you know what? Maybe there's another direction we should go because we've been doing it for over I think we've done it for over for a year And uh, james went out and I said, yeah, it goes the show must go on I just talked to james a couple days ago he's doing fine and uh, he got a cto which I really like and the other guy and um Yeah, I mean it looks like a good show. So Fantastico Let's see Guess there's probably not much snow in Spain Yeah, can we get it from the likes first of all, we don't have many many viewers anyhow This is one of the signs that this is one of the indicators of of bottoms coming in The more the more viewers I lose And it's just what it is. It's okay. I mean that's just that's what that's what the bear market does people get bored And it's it's not so much that the price goes down who cares about the price going down. It's good opportunities What it is is the the the length of when the price goes down. Here's an example if bitcoin went from 17 today to 9000 tomorrow And in 24 hours It will be the most exciting event that we've had in quite some time And a lot of people would buy myself included and then Whatever happens after that if it goes down even more or if he jumps back up At least it's action and people like action. They hate inaction They hate sideways. They hate boredom and that is the killer of every investor is boredom And that is what is happening right now. Oh Before we go on and if you don't think it's exciting right now because I think it's going to go down even lower I want to show you something It's just brought up a a thought that I had let's see it info charts This is website it's called bit info charts looks like this right here And there's this wallet and we and it's mysteriously called wallet number three and it used to be a different address but they moved everything over to this one and You know a lot of these are labeled Binance cold wallet bitfinex cold wallet another binance wallet so and so forth this one No one really truly knows what it is Some people will speculate and they say oh no, it's definitely this one. I know it's not a hundred percent sure But I just want to show you this this is a good indicator because they have they own almost one three quarters of Three quarter of one percent of all bitcoin in circulation It's a lot it's a lot for one wallet, right? And it was always interesting to see what the wallet was doing when the wallet would buy a bunch Usually the price would go up Miraculously and then they would sell well price is probably going down And I always forget to check it. I was just checking a day for for s's and giggles and I will tell you that uh wall number three is selling pretty rapidly I mean not every day but look on November You can just see November After November 4th. It was a pretty good month November 8th 8th 9th 9th They were buying 1500 6 8 3 41 5 14 1000 bitcoin and so on and so forth But what do you see since November 15th? Nothing but red They sold 2000 bitcoin number 15 remember 18th. They sold another thousand 30th a thousand December 7th 500 And these are not like great price points They're selling at 16 8 16 6 16 4 17 caught a knife caught a knife good for you Not to go so I always look at this as like some kind of I don't ever want to say smart money, but let's just say big money And when these these things start to move in here to sell Some things amiss also if you want to dig deeper and we're going to talk about this tomorrow uh tomorrow's live stream And that is if you want to see where things are going as far as the market just look at the bitcoin miners. It's very simple And I can tell you that bitcoin mining There's a reason why that difficulty drops The reason is because they're shutting off their rigs and the reason for that Those things are too expensive so All the reserves that these bitcoin miners have watch out because uh, they have a huge say what the price is as they start Selling or holding on and I personally believe I'm gonna start selling pretty soon a lot. I could be wrong. Hope I'm wrong. That's what we got all right Let's see what else here U high was the best meta version of First half terrible I've never mentioned or bought an NFT interesting it's just You have to understand that most of the NFTs are complete garbage. They don't do anything So just take it for what it is Look at the community though. That's a lot That is a lot Rock and roll and crypto rob what delays with genesis their custody vision is So far as untouched and is the custody of my ah crap. Sorry man of my IRA Jesus See, this is the thing this is the thing that people were talking about with iTrust like Like we don't trust iTrust Because you know if they go down then everything goes down See the the thing is like I don't understand. I don't know the exact terms and conditions for genesis But for iTrust and we've covered this multiple times In the terms of conditions not what the ceo goes on and says Like you know celsius not like that ceo who goes on and goes this this crypto is yours We don't we don't touch it. It's it's nothing to do with us. It's yours It's yours except from the terms and conditions or it says specifically that it's not yours as soon as you you Put it on the platform. It becomes a property of celsius That's another story With genesis, I'm not for sure But with with iTrust I had their ceo on he said look We don't keep your your crypto is in another custodian service if we go down We don't co-mingle funds and I was like, yeah, right? Let's go take a look at your terms and conditions because that's the legal process for when bankruptcy goes through and there it was in plain english Where it says we don't custody it it's custody in two different places one is in fire blocks and the one is coin based custody Oh, yeah, and also coin based custody has all of micro strategies Bitcoin so of course in some way shape or form if they get hacked their cold wallet I don't know maybe then of course everybody loses everything gosh But with this one, there's no co-mingling of funds and stuff like that. So with genesis Yeah, I I don't know All I know is that they're struggling. They have not filed As I understand I have not filed yet for chapter 11 And things are on hold. That's all I know and I'm I'm sorry man. That is Junk, but if I heard something and I'll let you I'll let everybody know Uh anybody bullish on polka dot. I like polka dot. I still own something That's about it Far Farar says digital I think tether is going to be the next black swan it could be But I've been talking about tether that I don't like it for years and uh, it still remains It still is able to hold its peg Except there was one time when went out of 93 cents Okay, give you a pass on that one. However Uh, I don't personally think that they have one to one for other assets And I know that there was an audit done by some company in the Bahamas whatever But uh, they probably don't However, every time I talk about it You know, uh, it seems like it's just it still keeps thriving. So what do I know? But I I can tell you this I don't trust it. I don't use it I don't really use actually most of the stable coins. I don't trust any of them I use usdc But I've used that forever even after coinbase came out and said, hey, we want you to use usdc But you have to understand for my The way that I've allocated As far as my portfolio for diversification. This is what it looks like I don't have I don't have a ton and I need to change this actually but Like see that that usdc that 1% it's it's actually less than 1% of all my funds Are in stable coins. They used to be a lot more, but I don't trust them anymore. I don't trust anybody anymore So This is what I have like lots in cash for some reason cash works out pretty well. It's pretty good so far Less than 1% roughly in stables. I got 5% and dropping fast and degen plays 4% as a masterworks fractionalized shares of artwork 5% is land 35% is Real estate and actually we were looking to sell one of our one of our properties. We've since decided against that And we're looking to buy another property We should actually wait I I think there's some there's some big slides coming down excess Now here we are we're back and then 15% in staked crypto 1% is in my IRA and 5% in stocks. There's one more thing I had to put in there is the sports facility That's actually taking a lot more Of our funds and it used to so I need to I need to update that badly. Anyhow, that's what my portfolio looks like Bicky says looking at bitcoin link link looking at bitcoin to come absolutely And what else we got rota is rota. Yeah Beardy is too busy Buying and selling zillica and eos Making the fat zero point two three percent gains and that's it Diesel canes as digital ideas coming. She'll be we'll be worried Yeah, you know, there was a good video put up by guy from coin bureau and it's uh, it makes for a pretty dystopian future so I can just say that It depends on how it all all works out. It's just the same thing as like the digital dollar, you know How much they can be able to track it as a digital dollar gonna be and that's coming Let's be honest. It's gonna be the same as like a digital dollar versus digital you on or not and go from there. I I don't know but uh, I know that's like, uh cardano already has that's cardano already has the digital ideas And they're working for that in africa and also On there. I already have it there was a Platform thing is I forgot what was a teller I think it was So, I don't know remains to be seen as far as digital ideas, but You know, it is scary that uh, you can have things just turned off actually really the really the thing about it depends on It depends on the country, right? like, um Like venezuela so I mean, they don't give out passports Correct me if i'm wrong I know a couple people hear from venezuela and they tell me this that that's very hard to get out of venezuela because They don't give you the passport so you can leave like you can they're like you're free to leave But good luck getting into the next country because you have to show Identification who you are and that you're free to travel if you can't get a passport. Well, you can't go So for me, I'm just like It's the same thing, you know, they shut it down depends on the actual country. All right Irrational says bitcoin bound 38 I can see that It's okay, right. We don't play the weather pen for bm Yeah, the weatherman's the only person that can be wrong 24 7 and Still have a job Love me tigian That's a good question drone pal picture 75. I think that comes out on tuesday the rates come out and um, I think I think cpi numbers came in hot hotter than expected shocker I think you'll still go 50 50 basis points, but I wouldn't be surprised it was 75. I would say like for 50 basis points, I'd say like it's a 70 30 split pretty sure they're gonna be there. They're gonna be 50 basis points But it could be 75 the real question is if it goes 75 for all that dovish talk Everybody's talking about that he was doing if he goes to 75. Well, all bets are off and then you can see some more Downfalls All right Let's see spot on I hope so He did pay a lot of donations Yeah That must be Must be late where you're at Bobak says have calls on instead. The person is weird. You can go to the next caller. Yeah, that's true Yeah, cornucopia. That's a good game I've actually seen real-life gameplay. It looks pretty awesome Surround yourself with positivity like george george of equipers are us. It's got a pretty good thing going, you know He just like hey, I mean, I know where it's going. So who gives who cares about this this bad news Just keep buying all day long And you can do that Just go from there I just uh I think that sometimes like Like like the question is it's very easy to say I can dollar-cost average and buy all the dips Well, what if this is a real possibility. What if these four-year cycles are broke? and what if We don't see all-time highs for like say a decade Before everybody's like that sounds Possible, what are you talking about? Let me scare you a little bit So this is the s&p 500 historical chart And you can see that in these grays are recessions So you had a recession in the 70s 74 was this here's the vulgar era 1980 when we almost hit a depression And 81 were rebounded, but I want you to notice something that here The s&p 500 on december 1968 hit its all-time high for that time period of 871 and it would not hit that all-time high again until 1987 so If you're looking at this like well, we'll hit all-time highs and beyond maybe not Maybe it doesn't happen And there's a lot of things to suggest that that could potentially be it Is that definitely going to be it? No But it's something that you really have to prepare for and the last thing I will say before moving on is this Don't be scared Don't let this Be the catalyst for like i'm out. I'm out of here. Let me show you one more thing So just because there is they're not hit the all-time highs does not mean we have bull runs in in a bearish situation because remember A bull run is defined as a 20 increase with the expectations That the market will continue to go up. So 20 increase. All right, so we're looking at Well, let's see So around here 720 So that would be like, hey, we're we're back into a bull market Even though we're not going to hit all-time highs if you dollar cost average around here to here and keep going What do we talk about on this channel all the time? What do we talk about this channel all the time we talk about taking profits along the way So if you're here just to say well, I'm gonna wait for all-time highs you can do that I can you can do it already want to right? Who's your dad? Not me so It could be who you just to stick around for 10 years of this plays out like that or maybe just maybe As things start to go up 20 30 percent. This is just an example of a stock market not crypto for Pete sakes Maybe something to look into and then of course or you can just diamond hands it like everybody told you to do which is stupid And just let it fall and go up and down to fall and fall and then 10 years later. You're like, I told you Diamonds So just something to think about that's all Irrational the show with CTO around was very good. I watched some of it looked very good Actually, you put a comment said this looks like, you know, great guests should go for Uh, let's see John prez. Do you think you hives metaverse social player? No, it won't I don't even know what it is. So Good question. Hey, Rob. How do we deal with voyager transaction for taxes? Excellent question. So I'm gonna have on A gentleman from coin ledger and their cpas and we're gonna do an education series on taxes And since they haven't they had a direct integration with voyager funny story I introduced coin ledger to voyager To get them to work together and it worked out great last year Unfortunately, voyager does dumb thing which was an uncollateralized loan threos capital for 600 million dollars plus And we know where that all went down to so What I'll do is when I have coin ledger on We're gonna ask them that specific question how I can because as I understand it legally they have to submit this or give you these these documents in a reason one time I think before the end of the year, especially for people who are paying corporate taxes Jeff use is boring. It was good. It's good. It's good if you just don't really care And you're able to get out of the house and do stuff. That's what I do Live from boredom If it goes on okay, I would have to put on my best pair of sharding pants. Yes, I can believe that It's a quarter of krypton aries. All right Simon says, I mean it's honesty. I like your shown style Relaxed honest some pretentious and authentic. We try to do these such things But uh, sometimes we fall victim to sensationalism every so often I am wallow number sevens. Yeah, I would have missed here US government minor wall number three. Who knows? No one really knows Thank you diesel like button with our Wapping almost 300 or 342 observers today It's sunday night. Who cares? Where's everybody's bitcoin bottom? I don't think it's a little too bright The bitcoin bottom couldn't be that I see it around 1312 some around there And that's from me and my non technical analysis self just throwing darts at the board Yeah, so Part says row you think what's your opinion on near protocol? I think it's fantastic You know near already has uh sharding in place the thing that a theorem is trying to do right now. So I think you can do pretty well Problem is it's associated with ftx and you're right two percent total supply Which if you think about it's not too bad quite honestly, there's uh, there's worse I think it'll do well But uh, I I say that you know why sex I own it So of course I wanted to do well, but I don't know. I mean It launched a couple good projects sweat coin and didn't collapse So, I don't know we'll see Nothing's really gonna come out of this this market for at least a couple more years Not nothing come out, but nothing's really gonna do well for a couple more years because Everybody's scared and everybody's waiting for the next shoe to fall whether that be finance or coin base or God help us, you know grayscale bitcoin trust Uh, we're everybody's waiting for that to happen for it to really go down further. Tell me where I'm wrong in that one Yes, thank you. Hey, the like buttons people can watch this show John Peres says, what's the best way for me to learn how to trade crypto? Ah Not watch me. That's for sure. I don't trade it and I really can't help yet You know, it's really good. Um who does who's got a sensible approach like myself who does like 95% hodl bags and 5% trading is tom crown. Just look him up tom crown crypto and uh Seems you know what he's doing. It doesn't go crazy. It doesn't use 50 100x leverage. So check him out Ah, gary. He's got a great question. Are you setting up pickleball in your sports facility? So our sports facility is a sand volleyball facility and I'll pass with texas And uh, we don't have the capacity for pickleball. I mean, oh, it's the fastest growing sport in the united states However, there was another sport that was growing extremely fast throughout the world That is called beach tennis and that is what I've been playing lately. That's what I'll bring back to texas when I go back And uh, it's fun. It's like if you come if you go to port urico the whole Beach like you'll see 20 nets up and everybody's playing beach tennis. How do you play it? You gotta google it. It's it's just like it's like badminton essentially But uh with elements of of tennis and volleyball and integrated. It's pretty cool then of course You know, all the training and we'll do leagues and tournaments and da da da. That's how it goes what Australia social credit introduced to access the internet Oh scary Orlando's hey robin guards the real estate investing. What do you think about investment properties in las vegas for an air bnb rental unit? It all depends on look air bnb verbal And there's and there's a couple others but really those are the main ones It really all depends on Not just not just your location But type of clients you're trying to attract so If you look in in my playlist There's one called real estate and I give you pretty much all the information I know about real estate investing as far as like air bnb's and short-term rentals and what we do So check it out. I would have to take a look at the data because I don't know how it is I don't know how saturated it is with air bnb rentals. I don't know the median price I don't even know the outlook for your tourism right now like here in port urico I was gonna die, but it's been picking up exponentially, which is crazy Las Vegas You know it's gamblers paradise. I lived there for two years and uh, yeah in Henderson And I don't I would assume it would keep going on but again remember we're going into a recession next year so usually people don't uh I mean the degenerates will still gamble but uh, you know Moms and pops might might not go there too much Let's see Bear mark has been stressful for some youtubers guy looks like he's aged 10 years. No guy looks Guy looks tired and you know why he looks tired. I love guy you Guy looks tired because he moved from london where it's like a balmy 68 degrees on a hot day To Abu Dhabi Where it's a million degrees and you're living on the surface of the sun That's why he looks so tired Like I it's like someone's life. She's like, oh god. You look He'll kill you if you don't like heat like I love heat. I love it. I lived in uh, vegas phoenix el paso I mean houston now in portorico Love it But some people it's not their forte But guys gonna stick it out and I salute him for it, but I'm telling you it's gonna suck for a while Ah Let's see All right Spy pieces. Thanks so much when I discovered world mobile token. Hey, here's a good question. How's world mobile token doing today? So there's this website That that that world mobile token dot com and this thing called world mobile token scan and you can see how the uh Not the not the token itself itself But the wireless nodes and the data that's being processed is actually using look at that. It's going up Well, hold on. I think it was 2.33 terabytes yesterday Now it's at 2.27 and what this is you can do your own research But we're and I've got a couple videos on it world mobile token They essentially are they put these air nodes in which is telecommunications and data service in parts of Africa Like zanzibar places where they don't you can't get service out there because it's too expensive and people don't have the funds to do those things So they put an air node. They put an aerostat up which is essentially a blimp That reaches 70 kilometers all the way through and they give them a surrounding amount of telecommunications essentially allowing them to access the internet and make phone calls and also because typical On and off ramps for fiat would be cost prohibitive. They use Their token which is based on cardano. So that's my friends is a token that has good utility Will that be the best thing of all time? I don't know just like the I like the uh the project Some things you invest in won't make it just how it is 50 bits bitcoin will bounce Will bounce a hundred bucks I don't know about that. Maybe I'll look at this guy this guy rolls out of bed fires up his computer walks 12 steps and brags about it on uh on sweat coin. Hello beauty is here He's like norm from cheers Let's see Teflon tech. Where's my burger? Exactly We're all George Ah, George's got a great he's got a great tagline Eventually rob will go broke eventually maybe Maybe I'm broke right now This is just a green screen Don't don't broadcast your house exterior on the internet like George Everybody sees it. So, uh, yeah, that's true I've heat enough bad me love. I'm immune I think What did I miss ketchup Ah, bicky. I'm gonna steal this Diamonds will cut your hands be holding tonight. Very true Who do you deal with taxes with Celsius loss? Well You're in a gray area because it's not really lost and And anybody's free to look look me up in that public whatever it is I got docs so you can see my information. It's six figures. So everybody knows but uh, yeah, and um Uh, my question will be the same when we get the coin ledger guys on here How do I how do I deal with that? Because I'm not sure if you can because here's a scenario not a very likely scenario, but here's a scenario let's say for instance that you've got Celsius right, you know, okay. I'm gonna I'm just gonna chalk it up all as a loss There's only so much of a loss that you can take per year Like you can't just say hey, I lost that on a boating accident. Everybody talks about it doesn't work like that In america i'm just talking about for americans. I believe it's up to three thousand dollars That you can take as a loss Per year and that's it. I mean next year. I mean if you lost a hundred thousand, you know, it'd be three thousand forever And I think the same thing might be here for sure. But again, it's in a gray area because Yeah, self is in chapter 11 So i'm not for sure on this one and then here. So here's the other question then Let's say you take a loss. You take the three thousand dollars Then they come back and go hey great news A miracle happened and we happened to look under our couch cushions and there was all the bitcoin that we thought was lost So we're gonna give you all your bitcoin back and everybody gets made whole now What you have to do is you have to claim that and reverse those losses because it wasn't a loss This is the question that we have to ask for the guys at coin ledger and get their cpa in here. All right usd is the right has the right to freeze your wallet time crypto winner is correct And they've done it before They've all done it Let's see. That's just it Yeah, there you go My account said your limit to three thousand tax fraud for loss anything else can go up and against you make gains, baby Which no one's seeing that much gains this year. That's for shrews Waiting for the war to end our next election 2024 isn't amazing The four year cycles how they coincide with all the things that are going on Like Let me show you so There's two big things I think that are gonna happen are going to happen. First of all four year cycles, you don't know 2012 was the first halving of bitcoin then he then he always you always but so far You get an all-time high the next year then you have a big dip in a reset where then just falls down Same thing happens in 2016 and 17 having all-time high dip reset and the same just happened Last couple years 2020. We had a halving. I'm pretty sure about that 2021 we had an all-time high. I know that happened I think it was maybe I think it was maybe 69 000 depends and now in this year. We've been getting crushed and 2023 Probably get crushed again But again, remember if 2023 is a recession, how long do recessions usually last? Well about 18 months or so sometimes 24 months. So let's just say 2023. It does happen 2024 we go through that having one We go through the recession and it starts to get over two and we also go through a new American Presidential election what happens the next year with all-time highs If this holds up It'll be pretty amazing. That'll be the fourth cycle. It does but it's just amazing to me how things just kind of Fall into place like that. I could be wrong Happy sunday. Let's see I really hope bitcoin falls of 10 grand. So I was puzzling picking the market Yeah, the real question is will we all do it? Ah, thank you big you the tom crown youtube link is right there. Go check them out lemon tube Is dcl frisal thing? No, it's dca monday I think and uh, they're doing that over on James channel, although I think they're gonna start doing it on twitter spaces. So have fun let's see and twitter spaces is just I mean people get really hyped up about it because all the guests But I mean if you're gonna be there for three four five hours, give me some good information At least condense it. I don't have time to sit there. I don't have time to sit there for you know, five hours I know you don't Ah, Bernardo I like a channel. He teaches me the basis of profit taking. Thanks the video that brought me to this channel Was your transparency creating a portfolio in the start of 2021? Yeah, that didn't work out so hot But it allowed me to you know take profits and show people how we did it Rick What's that man's been a long time? Hey, Rob. Can you sing do you want to sing my new? World mobile Christmas song I'm making no but get Mickey. He's real good song Singer and I believe he plays a guitar. That's not my wheelhouse Let's see. Ah, a jark is here, buddy Cardamom pulls gets stronger. Yes Okay, Darren's got a good question rob. If someone dca'd 50,000 For the next year or so 60% Bitcoin or ETH. That sounds pretty reasonable 40% of normal altcoins If we had a decent run in 24 25 would that compare to All with what you did in 18 and 20? Um I don't think it's going to blow up like that because You have to understand like like there's there's the law of diminishing returns, you know So in 2012 Let's take a look here in 2012 you had a A bitcoin price of five bucks and then the alternative was A thousand dollars. That's a lot. That's an impressive amount of gains And then in the next one You had about a thousand and it went down to about 20,000. That's a you know 20x. Okay. That's pretty good And then this one, I mean really it was At the end of the year of 2020. It was only it was 29,000 roughly And I went up to 69,000. So again, you can see how the returns are getting less and less for bitcoin That is why like I know people say well altcoins are junk and you should never invest into them. Well, guess what? I mean bitcoin's the safest option But for me altcoins are the ones that really gave me the most gains I have ever gotten And uh, so this one won't be it may not probably won't be as good in less and less and less and less You get Concrete regulation comes out and they say this is what a security and what a commodity what else is And they get a bit can we etf which? sure So if you get those two things and watch out, you'll see a big jump But that's it. That's the only way other than that. I don't see it as much, but I do see it vastly outperforming everything else Uh, especially the s and p 500 nasdaq. So And even real estate it even outperform my real estate portfolio. That's for sure I just like real estate because it's it gives me a another stream of revenue to come in and It's now it's great. It's also good for tax purposes Tyvi says you have already been convinced we aren't in a recession We will never be if we can't acknowledge if we are in one. I never said we weren't in one I kind of I said a while ago. I said I it felt like we were in one however you know, we can't use that argument because the basis is uh It's two consecutive quarters of gdp decrease and that happened last couple ones, but the last GDP numbers that came out was an increase. So you can't say that And the unemployment rate hasn't gone down actually it's I mean hasn't gone up It's actually gone down. So, you know, right now it's looking pretty good Next thing we're going to go to when real estate crash Probably sometime next year You know, nobody really knows how many it never does I'm hopeful If trump gets in forget the having it'll be the quadrupling. No No far no Trump doesn't even like bitcoin or any crypto. He wants it all to be the strongest, which is fine The reason that when he was in things did pretty well Well, it was because it was in a very uh loose economic times where we could print money It wasn't like Trump was coming out and saying hey, let's pass all these legislations and laws to make sure that bitcoin and crypto Is good. That wasn't the case. Actually, no president's really liked crypto so far. So that's about it What about dca you ben and guy, yeah I just want to take a step away from us from all that stuff. Some of us don't use twitter. What you don't like toxicity You'll love it How's potter recon treating you? It's been great. It's a great place to be Thoughts and Charles Hoskins saying ripple settlement happening on the 15th 15th. The what? June of next year That's in three days Four days Hope he's right Let's see Crickets on faith And that's it Exactly And then one more not enough cycles of such a dollars You're good Thomas by Robbie still supporting cryptos crazy for cryptos. Oh, it's posse now fills you the play Day's still good. I don't see a problem. I mean he made some wrong calls just like me. I think he'll admit that but He's probably like me and admits it like I didn't didn't hit that one and that's it can I'll get around recover? Sure And let's see And that's it. I'll leave it with this. This is pretty good Uh If this isn't a recession, I don't want to feel a real one and that's my friend when we come down to Confiduation. All right, everybody. So that's it for today's show. Man, that took an hour. That was all q&a so look if you like today's video Thumbs up and consider subscribing all that grace up, but that is it for tonight. Thanks for stopping by on a sunday I appreciate everybody and I'll see you guys on the next one tomorrow. I'll be host of a good night