(Monday) Bitcoin EXPLODING. Ethereum EXPLODING. Fireworks time?

having a delay here but so it's always been so strange um this whole stuff before everything starts but anyways let's click this to go live we are going live guys so welcome back to another episode of box mining live stream here it's monday it's the 28th so i hope you guys had an amazing holiday weekend i for sure just took a few days off and just just sat back and watch bitcoin fly i mean come on guys that was a ridiculous run the past few days have been extremely exciting i think every single day was like bitcoin was like breaking a new barrier is smashing past the wall yeah 24k on the 24th 25k on the 25th 26k on a 26 28k on the 27th what was going on this whole week was uh it was insanity right so we're gonna do a recap on what's happening on the market so far we also have ethereum ethereum saying you know what let's play catch up today so this morning i woke up i just woke up and i saw you there like whoa what the we just passed 700 holy crap like anyways it's it's an insane time i mean the last time we did a live stream you know things were you know a little bit iffy right we're talking about this holiday just going approaching back up so it was a very big contrast between our last video and this video our last video in fact was a ledger hack was a depressing time like only i mean just worrying about the whole ledger thing it seems like almost like uh it seems like almost a season ago it seems like it was like uh three months ago that we're talking about that ledger hack and then you know crypto prices like ethereum dipped below 600 and everyone was freaking out and i was just like oh should i make a video or it's just like it's just a thing that's gonna pass in a few seconds and it's a thing that passed in the three seconds so now we're back up eve 700 you know all those haters they're just like hating us even more right now at this current point i'm still very unsure of why people would stay you know like i i i wonder this i wonder this you know the sad thing is i stopped like following peter schiff and all these idiots a long time ago right but but do tell me do tell me if you guys still watch those channels where people hate on bitcoin are they still chanting that hate is you know do they still think bitcoin's going down to zero is that is that still a thing i'm very curious i'm very curious it's one of those things you know like it it was a it was a progression right you know naturally i just like kind of started unfollowing everyone who's an idiot and then now i'm like okay we're in good shape but i'm still sure there's people who are like sticking their heads down in the sand a little bit further we also have a lot of excitement coming on just apologies for the delay i just have big shout out to everyone who's watching right now having a secret conversation just before this scene started the whole crypto scene is going to go mad i think like once this week picks up it's going to be insanity like it's it's going to be super super fun so lots of new stuff coming stay tuned make sure you follow box mining on twitter lots of new cool announcements coming up and there's going to be like a crazy amount of stuff that you need to pay attention to this coming week so make sure you're following me on twitter it's going to be plenty of activity just hint hint hint okay hint hint lots of lots of crazy stuff so yeah we got evelyn stone replying nirio is still hater and an idiot but do remember with nirio his secret is that he built his entire career on hating bitcoin he he built his career and being the villain right and he's playing that part perfectly well but at the same time when someone chooses a career to base a career around hating crypto there is a certain element of they need crypto to succeed in order for their own careers to take off right so anyways um that was a big thing there so guys while you're coming in as well um make sure you smash up that like button it really does help this channel grow especially in these times right now i'm kind of just having fun and you know i appreciate if you guys have fun here smash up those likes really really heavily appreciated too we've got sd saints after a long time hey guys welcome back sd man i haven't seen you like for some time actually so actually in fact a week or so but anyways guys welcome welcome back big big merry christmas um since across canada happy new year guys it's it's been a very festive time like to be honest i i did spend like a few days just kind of sitting back hanging around with family just meeting up with the people i said i'm i was gonna meet up you know i've been kind of a crypto hermit for a while right i think that's no surprise to anyone here um there there's situations when you you you really um just just zone out on crypto you know like that's a crypto it consumes your entire life right so yeah there was a time when i just said you know this week you know no more crypto it's like just block everyone like no more telegram no more crypto no more anything um and that worked really well it's just very well wasted time to go back to fight and that's pretty much there we've got le voices how do you feel about defi dude it's gonna pick up like defy is gonna be front and center like once bitcoin does its thing once ethereum does its thing and then what's next defy is gonna do its thing all right that's the next that's the next thing and then nft is gonna do its thing and we're gonna cycle it around and around around that's life that's life so spoilers ahead anyways let's take a quick look at everything um before we do that let's fire off here all right let's take a very quick glance at the whole cryptocurrency markets right now so it's insanity it feels like a entirely different age um since we last spoke i mean we got bitcoin 27k holding out strong there we had that major major push i go through the narratives we're just gonna go through the coins very quickly we got ethereum above 700 i mean it's well i woke up to that that's like a huge huge move for ethereum right there ethereum was playing like if there was a little bit slower than bitcoin i was like bitcoin does its thing first then ethereum does its thing but you know ethereum finally caught up we got all the other altcoins so in terms of the the major movements right you cannot see like in terms of the last 24 hours it's pretty much even still right you got you got coins moving up and you got coins moving down overall in the top 100 market cap so it's not asymmetrical yet i'm looking for that asymmetricalness for the altcoin season to start right once the altcoin season starts it's just like everything's just blowing right you know like altcoins are going to show you how numbers work at this current point right like bitcoin going up 10 percent uh yeah so we're gonna that's what i'm kind of anticipating coming next right so that's kind of the pattern we've been seeing a lot of people are asking me why why that pattern holds it's a lot of times i feel like it's the reason why i the reasoning all right i kind of feel like um that has become for me the explainer for this is when bitcoin moves up you know that's institutional money that's been the kind of the one that people know about the most right once that moves up people who are holding bitcoin they're you know very well off they can choose to start of type start divesting and they choose to buy other altcoins because you know they kind of want a little bit of high as well they want a little bit of a gamble the lower market cap you move down the easier it is to move that market cap right that's the way it is i mean moving something that's like right now five hundred and three billion dollars in terms of market cap is very hard but once you go down a list it's a lot easier right in terms of their cap so then that's when everyone i kind of feel like you know the blunt way of saying is everyone hits the casinos after bitcoin rallies and then ethereum rallies and then off to the casinos everyone goes right so this is where kind of we get all busy because we at least for me right at least for me at least here then i have a spread of portfolio and then obviously the best performers are all the altcoins right the altcoins having the best sort of performance and it's been absolutely insane we're going to talk a little bit about all this algorithmic stable coins in a sec as well because that has taken off like insane amounts like i feel like this is like the the biggest money printer of 2020 uh and we'll talk about that we'll cover in full detail but let's take a look at the market first let's go for the bitcoin narrative at the first thing so first of all let's take a look so for the longest period of time so they're in the run-up before december so before before christmas right we saw that 24k seemed to be the strongest resistance right we try to touch it a few times we try to touch 24k on the 20th we try to touch it also on also here on the 19th of december we try to touch it again on 23rd and all the times we've been rejected we've been pushed down pushed down pushed down pushed down pushed down in fact it was a bit of a scare on the 21st of december where you know bitcoin almost dropped to 21k it was a situation where everyone's like oh my god it's it it's it is fear coming in the markets it's like is everyone selling before christmas is that that seemed to be the thing but it didn't crash for too long very quickly we tried to attack 24k mark and the moment we kind of broke that we just saw this like we just saw bitcoin fly right it was a non-stop action just every day breaking new highs it was just like every day we got an alert on regardless of what app you're using right whether it's being a binance or big uh sorry coin gecko or whatever app they're all just firing notifications guess what guys hey guess what guess what guess what yeah you wouldn't believe this yeah but bitcoin is at 25k well well wait wait wait wait no no no it's at 26k that's the right one so yeah bitcoin knew zero troll and just kept pushing up so right now we do see some resistance at 28 so that seems to be the number that was like okay you know what that's a little bit hard to breach at this current point but you know like right now this kind of holiday excitement was kind of expected we saw that after thanksgiving as well where kind of like you know the narrative goes that people go back to the hall after the holidays they talk to their families about cryptocurrencies now it's a little bit more receptive you know 2017 was kind of we saw the similar trend there right where after the holidays people go back and then uh things kind of exploded so i kind of constantly compare a little bit of now between now and 2017 because that was when we had the massive rally too right so in in kind of all crypto history let's just take a quick glance back at what happened all the way back in 2017 so scrolling back here so we have so we definitely did have the christmas post christmas high although the post christmas high did seem to be like so let's see 25th after 25th we had the spike up let's just switch to let's switch to four hour view let's see if that helps a little bit uh okay okay all right all right here we go here we go here we go here we go so let's scroll all the way back to 2017 if i can going back into it oh wow my my data doesn't go that far back for four hours huh weird okay never mind let's just switch to that then oh okay i just should have switched to this view that makes a lot more sense right all right so we have this 2017 that was a 2017 run here let's see what happened in december all right so yeah towards december so it was much more pronounced right so running towards a run up towards christmas we did see a drop in 2017 so that was 10k 10k so afterwards it did pick up towards after christmas like around the time now and then working their way up towards um new year there's we did see a little bit of a drop as well you can kind of see that narrative you know people preparing their way for holidays they sell some assets and then that's something that we it might be possible here now as well so it might be the case that we hit this kind of high after everyone gets you know back to work after christmas and then they start buying some bitcoin because their whole family was talking about it and then we might experience a little bit of a dip coming arriving to new year's when yeah yet again everything shuts down again right but then after new year it could explode again just like kind of what we saw in 2017 but the only difference here right now i can you can kind of see in 20 between now and then is that this year we see a very different kind of um excitement level like i think 2017 like i i constantly refer back to it because i want to see where we are in terms of the explosion here right so yes we did take off you know beyond all our hopes of dreams of 2017 2017 was that massive rise of bitcoin but at the same time i kind of feel like we're still early on because in terms of the general public and general public excitement we definitely don't have that level that we saw in 2017 either so this is where for me it's very important to gauge that kind of you know the current you know the wall street emotion cheat sheet like which which bit are we are we are we in kind of like the greed stage or are we still kind of recovering from the last run stage and i feel still feel like we're still early because this time we in terms of general like bitcoin trending and bitcoin google trend let's take a quick let's take a quick glance at that in terms of google trends this year has not been crazy right like it's it's definitely not those levels that we saw in 2017 where everyone you know even your taxi driver is talking about bitcoin yes so we definitely see like okay look so in september it's 24 so it's four times that of september right so this is interest in the us let's go switch to global as well i think this is pretty much a similar pattern yep so we we have like a 3x interest versus september right september we have this kind of like uh dip here but in terms of all-time high like in terms of you know let's say past five years yeah it's nowhere near like we're still like a like if you look at the peak of december we're still we're still like super we're only like a quarter of that especially let's take a look at the us as well the us view very interesting huh very interesting so i i don't think we like like the general thought is that we're still super early like yeah same thing here for the us view of that yeah the fomo i don't think the fomo really turned on like you know we saw some exchanges blowing up over the past month it feels like they didn't buy enough servers they didn't expand enough but it's not like those 2017 levels where you know people who had a binance account were selling their accounts because binance closed off that uh applications you couldn't even create account on binance because they couldn't handle the traffic so they closed it off and then people were auctioning off their accounts for like four thousand dollars like a binance account for four thousand dollars so it's that it's definitely not those days yet so yeah so i'm i'm actually super optimistic of where we're going so far and the same story pretty much goes with eve as well eve was like we saw that strong strong resistance we saw it try you know we stopped trying to push past 670 yet again i couldn't really pass it and then now we're kind of like breezing past 700 at this current point so you know it's it becomes where crypto exposure becomes super important at this current point um cryptogram says so it's likely all institutions causing buy pressure retail not here yet i say so too a little bit i mean retail is starting to heat up like don't get me wrong it's four times that of um september times but it's still it's still not crazy yet but we definitely have the the momentum going on at this point and it's kind of interesting too right just to talk about the bigger picture of this so remember the bitcoin halving so we were talking about the bitcoin halving a little bit earlier let me just get the exact date bitcoin halving so bitcoin halved on may right so the recent halving was on may the 11th of 2020. so that was roughly half a year ago it's like it's almost like clockwork right we're talking about the bitcoin halving and we're talking about how usually around half a year after the bitcoin halving bitcoin explodes the reason for this is because usually miners stockpile right so how the halving affects bitcoin is that the mining rewards suddenly drop right so the amount of bitcoin the new amount of new bitcoin being minted the amount of bitcoin being created it halves so much less floating supply but it doesn't immediately impact the price usually the price kind of wave hits around half a year to a full year afterwards because you know miners were stockpiling bitcoin if you think about it you know they were mining they had a stockpile left but as institutional investors start buying that otc a lot of you see you see that volume over the counter they start trading that so you don't really see that impact the kind of the spot markets but what you see is that after the stockpile starts getting depleted because there's less and less of that stockpile left and there's less bitcoin being created right now you can see that kind of explosion in growth in price so that's kind of what we're seeing now so it's kind of very interesting that prophecy kind of auto completes itself at this current point but regardless it's it's it's a pretty exciting time so anyways i i feel very blessed i think this this year um just honestly for me i felt very blessed to be riding this whole entire wave with you guys yet again you know uh there were times you know there were times like you know i always say this story you know reflecting back there were times when you kind of almost like feel like you're doubting yourself like you know how i started making videos 2017 and then 2018 was rough 2019 was rough early this year was also rough it was just like you know there was just no interest right no one cared to watch but now it's just kind of insane it's like almost before it was almost a point you're like you're kind of questioning yourself like you know can this go on but it does right you just have to believe in yourself and that that was a it's a bit to this year for me that was a big kind of like like for me at least i just felt that i'm being rewarded for being able to survive like that's kind of the feeling i got like i trusted in myself and it really paid off massively and that's just amazing right i still remember there was points in time where like bitcoin was crashing right you're like ah buy or buy or sell and you know you just have to take the courage to buy right that was the hard part like that dollar cost averaging and that's insane so anyways anyways that's the the fun times but anyways now now comes the next part right so the next part of a cycle is obviously with the alts and this is one thing i'm going to focus on a lot over the next few days where it's a lot about alts like i think in terms of for me right for me i was like focusing on the main cryptocurrencies i made no kind of um i didn't hide the fact that i was very very into bitcoin i was very and also very heavily into ethereum but now expanding into the altcoin space i have a lot of altcoins here they need a lot of attention now and it's uh it's it's time to go back so in terms of the news and updates i think the one that was talking to me the most was exceed so yeah recently i did make an investment into x exceed so let me just bring that up to you guys so they're they're launching on uniswap also not uniswap they'll poke a starter on wednesday so that's one something i am paying attention to and for a successful launch on that end as well and also of course with trust trust trust trust swap is doing quite a lot of stuff in the background as well so i've been focusing like of all the times i glance at them um i'm focusing they're launching glitch so they're doing a public sale for glitch on the 11th so if you're following trust swap what you have to do is you have to accumulate your trust swap in your wallet in order to participate with these public token offerings on their launch pad so that's kind of a the big things coming up on the horizon that i'm paying i that i did pay attention to over this week so both glitch and with um exceed two strong projects coming in and launching at pretty much the perfect right times um we got eric cortez says um get graph while still cheap man graph just exploded it was one of those things that was like um that i did play around with so just following up on the whole graph narrative and the whole story of graph so when it launched it kind of launched at i think it was 10 cents really um and people who got in the pre-sale were just super lucky like you know i was very unlucky not being able to get on the pre-sale for this but people who got in the pre-sale you know they managed to catch 10 cents they got it in less than 10 cents and then they launched at 10 cents and then just blew the hell up right it was just like a rocket ship taking off to the moon i was like it was a kind of a demonstration of what these alts can do and the way graph kind of worked was it was very well spread like the the technology obviously is amazing it's a way it's very understandable for most people that you can interact with blockchain it gives you information right this is information that developer needs information not information information that developers need about the blockchain about data it's price data right and getting that data was absolutely key right and then all of a sudden everyone understood it and then this graph just blew up but obviously of course there is some cell pressure there was some point at some certain point the market cap of the graph actually reached it almost touched one billion dollars i mean this is the how insane things go right so on the 21st the graph almost touched a billion dollars for market cap before that pull back here to around half a billion dollars but you have a billion dollars holy crap for something that launched on the uh 27th you know congrats and anyone who's in congrats congrats congrats big congratulations for you if you're in the graph so anyways um that's good that's hot like super hot anything related to data is super hot right now and the other one that's super super hot is anything the algorithmic stablecoin so this is like the other crazy stuff that happened over this week i was keeping a tab on it but like this is other insanity right from this is the 600x of the year so i started off in november the market cap of dsd was literally at three million or even less in fact it started off at one million and then it just blew up to 200 and the 42 million market cap so literally at 242x on dsd like insanity it's um that's the one thing that i didn't miss out on i think i had a friend that was like oh yeah that's the best performer if i've had i put a thousand dollars in there and now it's like two hundred thousand dollars i'm like what am i doing with my life right so congrats to anyone who's in all these algorithmic stable coins you know my view on it it's it's kind of crazy right there's there's a lot of reasons i had a debate with um base protocol and there's a lot of kind of it's interesting how it evolves too right it's um it evolves from just rebasing we'll talk a lot more about this in the future but it evolves from just rebasing to kind of more interesting plays on it so this is i think this is like the trend of 2020 right initially we thought oh it started off out with ample forth it has a rebase function where these that they change the total supply in response to the price right price goes up well how do you keep the price from going up you make more of it right you literally print money so initially it was a neat funny mechanism but some people and it's very obvious that people who understood it understood that people get confused because people look at the price all the time so like say for example dsd people are there was an article faces a massive test as the stablecoin falls to as low as 27 cents price is not the most important part here people don't understand price price is nothing when you should only look at market cap but most people don't understand that most news articles seems to be falling in the idea of looking at price so we kind of get this mechanism with all these algorithmic stable coins where the price just pushes the price doesn't push up the market cap pushes up but the price pushes down so people think that they're buying the dip which is kind of crazy right but anyways uh we'll talk about that more in in later episodes we'll do more streams for out this week um just to kind of follow up on everything that's going on um the way that the gameplay for these right so dsd and esd and all these other algorithmic stable coins is that they have additional mechanisms so they they're kind of building up on this idea of rebasing but taking it to the next level and that's that's very interesting it's like this year it seems like all the big brains are going for this alcohol stable coins is the it's where all the money is printed it's all where all the confusion is and it's where i guess it's most exciting so we'll definitely pay a lot more attention to these algo stable coins i think i learned my lesson there that dsd thing was just like insanity but anyways um we'll have to see what happens but with algo stable points it's just a lot of volatility i think that's the same thing we saw with base protocol as well where it kind of just shot up in terms of market cap it did the 100x and then it kind of like it kind of very quickly became very volatile and that's good and bad right like some people like there's a lot of opportunity when there's a lot of crazy trading right it was a situation where yeah all of a sudden it goes from like yeah 21 million to 70 million market cap and i dropped all the way down to 4 million market cap so just think of those price swings like if you're if you're holding that coin which i was at that time you're basically saying okay look today i'm up like 5x tomorrow i'm up like 20x and the day after i'm like down like i'm like a 0.1x but that's kind of part of the ride and that's kind of the part of the discovery process right where you're kind of trying to figure out how to make this work how this thing is how the mechanics are working and i think that's that seems to be what people like this year so anyways i'll i'll i'll talk a little bit more about it but all these algo stable points are just just madness at this current point right now talking about duck dow and everything that's going up so duck dow is going super strong as one of the communities that i was i did i was super lucky and happy to join so it's one of those situations where i feel like i didn't know like too much about at the start you know i saw ivan tech going to duck dow and what it is is it's a community right it's a decentralized autonomous organization and there's two aspects to it one is a chat and the other is participating in projects because they operate as a group they get to have allocations into projects and they start incubating new projects so base protocol is one of them there's also i'll show you their list um pools is one of them bondly is one of them base geek defy pi fuse is one of them that was incubated by duck dow there's a duck with lots of money on it but at the first at the start i didn't realize i was kind of like trying to figure out what the rules are what you know what contribution they can make and what i can contribute to them and initially a lot of people were asking me is it worth joining the chats is it worth getting involved i mean now it's plenty clear if it's worth it or not and i think this is where power is going to come i think this year what we're going to see is that we're going to see these decentralized autonomous organizations why they're going to have a lot of power is because they have a lot of community back in them right so the bigger the community the stronger they are and they're starting to replace traditional venture capital in the space vcs have been dominant in if you look at you know silicon valley and their model there it's all about large funds giving you know giving um investing projects but now this year we kind of see that that shift right so both with um duck dow being one of the strongest one of them where they have a huge community the community invests and then that that kind of shift in power is coming straight into community-based projects i think their model is like who's gonna win one vc or a thousand ducks and that's that's the strength there so yeah obviously you know this is a situation is still very volatile but at the same time the community is being shown to be extremely strong and yet another trend that's like heavily strong this year so it did have a volatile period it's really pushed up so like i think a lot of people are asking me around you know november october levels and then they're doing pretty off right now in terms of duck dow but for tucked out you have to have a certain number of tokens to participate in both the auctions and also in terms of the conversations same things goes with trust swap as well i think yet again community is just way stronger than a lot of people estimated i think a lot of people you know when i first started off people were hating me they're like oh hey look you're an advisor trust swap but trust swap doesn't have much right now right but trust swap has a huge community and their launchpad is doing super well at this current point their past few projects are just taking absolutely off so if you look at trust swap and how they work as well the launchpad has become i think one of the strongest elements of trust swap where you get to participate in projects you get involved in projects and it's become to a point where that's becoming the start one so the staking so basically for trust swap how it works is that you have to stake the trust swap token to be taking part of the launchpad so you stake it you get the average kind of a time weighted average of how much trust what we were staking and then you get to take part of the launchpad and that's how it works and it's like anyways it's insane so we got elijah kellen's trust swap rules we're going to bring jeff back very soon for just a very casual discussion with like you know me and jeff have been friends for a while and i just wanted to do a holiday special with him so it's coming up soon very very soon it's just been a crazy these few days and it's gonna go like more insane i feel like i feel like i'm like preparing myself i think i i feel like i got the break i needed but now it's a time to kind of work like 20 hour days like it's just like hustle time it's like you gotta you gotta work your ass off like this is the time when you know coins fly right it's just the time you know if if you were to work your ass off you know now would be the time so yeah um so duck that was crazy with d5 pi rewards usd towards out of nowhere with duck dow as well they just recently launched duck and i think this is a it's a mining so this duck farm is recently more uh farming right now so duck farm is for people who really care about duck right so how it works is that you can either farm with any of these kind of coins so you can either farm with duck eath duck versus ddim or ddim eath so ddim is a duck dow the token for the dow itself but the duck token is for the liquidity provider how that works is that this is um this fund was used to provide liquidity to market makers to help market make the incubator project so that's what the duck token itself is for and recently if you want to get the duck token you can so there's like a ridiculous farming opportunity here if all right if you're a big holder like if you're if you're a big believer so the way it works is that right now the rewards are just all insane in terms of what you can get for the duck eath duck ddim and duck ddim eath but the drug the the key here is that half the tokens all right um cannot be withdrawn from the liquidity pool so this actually makes it deflationary this is where the the kind of the business side combines with the tokenomics side right we know that deflationary tokens like core was just super popular because core had a deflationary mechanism here similar thing here with the duck dow token or as well the duck token and the ddim it has a very powerful deflationary model where people who stake they need to commit right we've seen people like and i'm guilty of this just who just farm and just sell the token and just go out and leave right and this is one of the things that was very key at the design stage of the the um the duck token duck token is an opportunity it's given out to people who believe in it and people would get to farm it right you get these ridiculous rewards farming but the caveat is that you have to lock um when you when you do stake it half the token right is staked forever you can't withdraw it so this is where you know yet again it's ingenious design um definitely you know uh super ingenious there in coming up with it but it also rewards the people who needs to be rewarded and also it discourages anyone else just like farm it and leave and just like just take the benefits right the freeloaders so this is where the duck token comes in but in terms of the duck token itself i feel like the power of the duck token really comes with the new projects being able to market make there's a huge opportunity to market make these tokens i mean if you look at duck dow's projects right all of them are super volatile in terms of where the prices go right if you look at bondly base there was a huge price swings and where where liquidity providers and where this market makers come in when when they make the most amount of money is they function not to increase the price off of token right the market makers what they do is they kind of close the gap between the buy and the sell orders but also allows the market maker to make profit in that gap so that's kind of where the power is coming in it's it's to do with a lot of crazy math math math stuff but anyways that's where the duck token is it's it represents uh token liquidity providing for duck projects at that point so the duck token is bullish once pools gets released instantly 5x and more is crazy times crazy crazy crazy times all right so yeah that's pretty much um the amount of crazy stuff that's going on it's been a it's been a hell of a ride it's been a hell of a ride catching up as well i think like this whole week um i've been playing catch up with the news this morning and it's just like a a crazy amount of new material coming out it's it feels like i've been you know a little bit like the whole holiday um i've been gone for like a few days but it feels i've been gone for a year right so just looking back in crypto i feel like right now we're kind of at this point where we're challenging each other to go a little bit daring each other to go a little bit higher uh let's take a look very quick look let's let's just read reddit together um wow so some bitcoin's moving so this is some some flood on the market so apparently a thousand bitcoin mine back in 2010 moved for the first time on december 27th some some guy either um found this bitcoin uh magic bitcoin lying around or finally decided this to to at least sell a little bit of a bitcoin so just i don't know if that always happens it's it's it's a necessary part of the community moving forward right where you have to get it to exchange hands otherwise you have these huge stockpiles of bitcoin that people have mined in the past and then all of a sudden you know it comes out on the open market it's gonna be crazy um china china coin no more bitcoin mining moving to sweden and norway that could happen that could happen oh it's okay all right so this is like mining operations let's see who's who's moving um so genesis mining guys told that they're moving from china to uh nordic countries but i thought they were there already so i think like this is yet again it's it's more it's minor news that's not really relevant i feel like it's a situation where i think a lot of people feel that mining is very centralized in china but it's actually not um if you think about it even like back even like back in the day the the truth was that mining is very decentralized across all continents basically wherever miners can get cheap electricity where like two cent electricity comes in that's where they go so it became a situation where people kind of spread myths that oh china's taking up a huge portion of it blah blah blah but in actual reality there were pools right there were pools combined with many decentralized miners and the reality of the fact is that even though a certain pool might be run by chinese people they can configure an asian server a u.s server a european server for their pools it's like how two miners work but anyways regardless of how it is it was actually mining was actually a lot more decentralized and yet again it's like people spread all the stuff and like it's generally false miners generally spread false information anyways to kind of kind of foil people so they so people don't know where they are and don't know don't can't chase them on tax for tax reasons so it's kind of a murky space and you know as a as a person who knows what's happening in a miner space it's kind of it's kind of interesting looking at these top news articles in this space all right so we have lots of uh uh okay so we have lots of price movements yep that's what we saw this morning um corporations now own 30 billion in bitcoin as bull run pays off yep yep yep yep yep it's crazy blockrock is hiring a blockchain vp they have to they have to i mean that's kind of the trend right and uh it's starting to become the case where like the bitcoin was a joke right bitcoin largely back in 2012 you know coming back from those days people didn't care about it and um in fact you know i felt in the trap of listening to people who are complete idiots but yeah that's but if you look at the way it's progressing now not just for bitcoin itself right so bitcoin has already been validated because you can send that across the world same fee everywhere without any control uh without any without without reducing any of the control you hold over your currency right bitcoin when you hold bitcoin you hold bitcoin when you hold fiat the bank holds fiat on your behalf all right that's the key difference here that's the value of bitcoin bitcoin is something that you hold all right as long as you you remember your keys of course of course um if you put in exchange the next the next change holds your bitcoin on your behalf just just remember that so that's why you have you hold your own keys that's why you hold your own bitcoin that's why you even though ledger had a stupid hack it's still one of the better devices to hold actual bitcoin um the ledger not the ledger hack itself the ledger email hack the the hack that leaked their stupid addresses anyways but anyways the device itself is still one of the keys to hold your own crypto right which is why we talk about it a lot but that's a difference right people are realizing okay there's a there's a lot of value in holding your own assets right the rise in bitcoin is a largely attributed to to that factor as well bitcoin is your own bitcoin the supply of bitcoin is limited because it's decentralized there's no one party that can just issue a bunch of bitcoin and you know crash the entire market so to speak so that's the power of everything that we're doing here but on top of that i feel like the amount of innovation that we see in the whole kind of altcoin and the whole decentralized financing is just ridiculous like this year the amount of innovation i saw in this that space that field was just crazy some programmer can type up a crazy contract overnight you know look over it for a few hours and boom pop it up and it explodes and becomes like a lending platform like holy crap or an insurance platform holy crap so the amount of it it's just it's just absolutely insane there so i'm gonna get some mail so be right back but let me let me do the outro first and then let me handle the mail for everyone here i like to take the time now to tell you a little bit about everything that's happening in the box mining ecosystem first and foremost if you guys like listening to all that's happening in crypto on the go then i would highly recommend you checking out the box mining bitcoin out of the box podcast and the reason why it's called bitcoin out of box is because we have long interview segments very much exploring the detail of the newest and latest of what's going on in this whole cryptocurrency space whole idea of it is to bridge that gap between knowledge privileged institutional investors and the rest of us here in this space now with the podcast it's on everything so it's on apple podcast it's on google podcast it's on spotify just search anywhere bitcoin all right sorry about that i had mail delivered here so i had to just pick it up just now so anyways um yep so following up with comments i think i just was almost finishing up with the comments just apologies for that i had to mail delivery guy was coming in so i'm just making sure my audio is working because yeah and everything here so connor says his hair changed in a second that's the magic all right um oh okay so the d evga fdw another bullish factor is the large btc wallets actually shrink every year meaning they can't keep from silly that is true it's also becoming more decentralized i think the number of new eef wallets is growing um it's just being crazy oh i forgot to mention this by the way i'm totally forgot about this one inch uh just launched on christmas day so i'm not sure if you guys were following one inch or not but if you guys ever use one inch as an exchange aggregator you can start connecting your wallet and claim your free one inch tokens as well so it's a very nice christmas present over the the week let me just enter my password in properly so uh so this is only if you use one inch um the sad part the the sad part for me was that unfortunately i didn't use that much one inch on all my accounts i used it a few times but the gas price got a lot too very heavy but anyways if you if you go in one inch right now i'll just show you guys just very quickly if you click the unicorn stuff you can check for one inch tokens right so you can check you can enter address and see if you can and you have any to claim so i did have some to claim because i did use it but i didn't i didn't use it on my demo account it's kind of sad because i have a separate demo ethereum address so i actually managed to use that to show you guys how to use uniswap and i got to claim some free uni tokens but this time i was like oh i'm so angry because i didn't use it on on this exact account address to to uh to use one inch so oh damn uh idiot me but anyways i missed out on collecting a huge bunch of one inch because usually i i spread it between many accounts and i collect multiple times but i'm grateful i got to collect it at least once so you know what i'm happy um that's my christmas present thank you one inch ericato if you guys haven't collected it yet you can check the claim one inch token um you just get it for free so if you use one inch the exchange aggregator um if you use the prior to the launch of the token you get to claim it and one inch is doing not bad at this current point it's actually listed on binance already at this current point so lots of stuff going on lots of stuff lots of stuff so yeah so it's it's it's been a little bit volatile um over the past few days i mean it shut up when it first launched to two dollars seventy and then it's kind of uh found some support at a dollar a dollar ten ish uh at this current point but hey you get it for free right so why not why not uh sam the the delin says don't buy one inch man just calm down calm down smart cap is still reasonable it's like 85 million in fact they're doing a lot right in fact they're one inch you're doing quite a lot in terms of exchange aggregation and it becomes a lot more powerful once more and more people trade on dexas it makes sense right um so yeah why not why not so just uh just a quick reminder if you guys used one inch before do collect it it is free tokens why the hell not all right talking about farming and everything still let me give a quick check i think we're towards the end of our video here um just check quick check my ethereum no on my node actually just seeing what's happening on the node so um so the node's been running pretty well actually so this is my ethereum 2.0 node i'm pretty happy that i started one of these rewards so far is that 0.2 eef which is around 162 dollars so this is when you have to stake your ethereum in order to become a validator i have a full video on that if you guys are new to the channel you haven't viewed that video i i show you guys how to run your node uh you set up your own node and start running that so let me just show you the video over here it's the one um ethereum 2.0 staking guide earn every day um just download this file check out so get this video up um if you guys haven't checked it out yet uh so we're kind of looking at the results of that so the good thing is all right the great thing about this node is i'm earning every single day so if you actually click onto this and you look at the node itself and the status right now it's active and um you can see the balance so this is a time indicator on the bottom and this is how much balance i have so you can see it's just increasing over time right every day i'm earning eef all right at a 14 annual percentage reward right so every single block or every thing not even block anymore so on ethereum 2.0 it's called epics so every single epic i'm earning eef and i get to vote and uh kind of all notes handles everything for me in the background right so this this allows me to kind of pay ten dollars so i set up the note it runs it it's online 24 hours and then it votes and then it gets the reward so it's been doing actually pretty well recently um in terms of the effectiveness um it's a perfect performance now so i think there was once like the last time we checked up on it there was a few times when it did actually just skip a beat and didn't manage to vote on every single epic but recently the effectiveness is now at a hundred percent perfect and i'm just getting you know pure pure income from my ethereum 2.0 of course the drop back of eve 2.0 is that the funds here are locked until transfers can happen on eve 2.0 so that might take a year uh it's still uncertain how long it'll take but you know right now earning a little bit of passive income not too bad in terms of other passive income i also have winged up finance i'm still actually farming that quite actively in terms of window finance though the the rewards have shifted a lot so previously um for p usdc the rewards were around 20 and 20 for just depositing your ethereum your usdc there which will give you 40 percent if even if you don't fold but now the way it's moving now is that it's uh around 4.5 for just saving and also you have a wing reward of 14 which means you have around 20 apy but if you do fold and you fold into usdc so that's kind of the strategy now so you fold your usdc and you get us um susd you get like for for here susd your your deposits are roughly right now it's a crazy insane amount like 42 which is insane right so yeah um i'm still very actively looking into all these field yield farming opportunities the other one to really tell you about is swissborg if you guys are looking at yield farming and just earning some passive income the other one is the um it's on this one so swissborg right now if you're on premium all right if you're on premium you get to save with the yield wallet right so on the yield wallet you get to earn yield so roughly right now it's at 20 so i'm getting actually not 20 16.7 on swissborg um there's a referral link down there it does help me if you guys use this the way swissborg works is like kind of like a coinbase of euro it's like it's it's like the easiest way to get your crypto like if you want to buy crypto etc you can enter like you can buy with your bank account even in hong kong it works where you can just transfer the money wire the money and get the crypto without huge fees right it's much better than like the credit card method which charges you like two three percent in fees method this method you send your coins over and then you get to either trade and buy your cryptocurrencies like bitcoin and also if you have usdc on this account or you transfer usdc and you get to enjoy their crazy yield so i'll cover that more in more detail but that was the two things i was kind of you know um playing around with over christmas the idea here was that i didn't want to spend money on christmas i just wanted to spend my interest on christmas so anyways that was a that was a pretty pretty fun super fun experiment and it worked super well so anyways there we go we got ah referral links so miffle currency it's down there yeah if it works um miffle currency swissborg why do you and ivan keep pimping it how much are they paying all right all right all right all right look look look look look it's not a matter of how much they're paying all right because payments in crypto especially for us doesn't matter that much but it's a matter of how much they're pumping uh uh uh uh uh look at that look at that look at that look at that swissborg look at that uh uh uh yeah yeah we were big we were we all hosts with borg um like both of us have it like i think that's no surprise um i bought a lot um over the year um because i actually talked to them and they're actually like doing really good stuff and with coinbase being such a dump they were doing super well so i yeah that i don't know so if you think i'm biased sure i'm biased but at the same time is it a good performer hell yeah it is like from what seven cents to like right now even now it's like 25 cents it's ridiculous it's ridiculous it's it's insane so go figure okay go figure go figure go figure how much are they paying me now nothing okay nothing but do i hold it hell yeah hell yeah like that wallet all right so you can shut up now all right um so 29k bitcoin this week um um um yeah rusharaj jjhs is not available in the us so unfortunately it is not available in the us um midfield currencies what percentage of viewers here are in the us just uh uh curiosity i don't know it's it's a very global channel actually i think like i don't know you guys tell me man you guys tell me so yeah it's a very global channel i hope you guys are from everywhere well it's it's a whole world not that hope you guys are from everywhere i know you guys are from everywhere but it's kind of crazy um s3 says influence always push the shit coins after they've already made gains with inside knowledge that's actually not really true um like we kind of don't really get any inside knowledge the only knowledge that we get is through the interviews so like a lot of times i interview projects on this channel i talk to them and i get a feeling of who they are so whether they're legit or not and whether i should spend time or not the thing was with all everything here like um i think everyone's like super careful with influencers like uh the way it works is that because eyes are on us all the time a lot of projects are very careful when speaking with us so every time like i actually feel like i stand at a significant disadvantage when i speak to projects because they're so careful of how they phrase certain things and what we can and cannot reveal so it's actually a certain case where you know how i'm part of genesis block ventures sometimes i do not go on the chats because it's actually not beneficial for me to go on a chats rather for them to get an inside scoop on everything so it's kind of like a dynamic where i find it's actually much more beneficial for other people to find out and then i i whether i or not i find out that's another deal right like not everyone tells me but i can kind of get a sense of what's happening it's like it's crazy dynamics like sometimes it's people are much more willing to open themselves up to other people it's kind of unfortunate but uh yeah that's the case that is the case so we kind of just hold so it is a case i think a lot of people are jealous though that like they're like oh you guys are all showing off you know how much you made etc but i thought also showed off the times when i lost a fuck ton of money like like fucked up like i'm pretty open about that um you know not every win is a win not everything is good um you know and i've been trying to be quite aware of that because um we do have survivor bias in crypto where we kind of tend to show off what we are doing well with uh like my portfolio now consists of roughly like not just the main coins but i i have a roughly a 60 to 70 coin portfolio at this current point and most of the times you know i generally like to talk about the stuff that's doing super well but sometimes things just don't go well and it's just unfortunate you know sometimes the teams don't work out well it's part of the game um it's part of this space and i think a lot of people like they're and i used to have this problem too where i'm very afraid of losing like i'm very afraid of failing and uh very afraid of losing right it's just like super big fear there like uh like it's maybe it has to do with ego maybe how how brain works but um i kind of realized that you gotta be okay with dealing with losses right it's it's a it's a huge part of being in an innovative space where sometimes you can have the right ideas but it doesn't have the right execution sometimes people have the right execution but the bad ideas and then things go to shit happens all the time i mean you guys probably saw with the whole yam incident i was like oh my god that's like the dumbest shit in the world but it does happen it's unfortunate some ideas work some ideas don't work and sometimes i just i'm left holding some random garbage that's like zero xed but other times you don't typically speaking the way how white people get angry at youtubers also is because of survivor bias because generally speaking for us it's much much easier much more exciting to talk about stuff that went up like it's way more exciting way more exciting way more exciting but at the same time so so you kind of have this auto filter for all the successes so people feel like oh why are influencers more successful on average was because they talk about their successes more right and um survivor bias is actually huge i actually made a video of it all the way back um survivor bias um but yeah there's some very good videos um very tasty if you guys watch him he's like super good at that box mining let me see if my video is still up there but uh yeah there we go there's a there's a survivor bias video by box mining this this guy with weird here ages ago but i talk a little bit about what that works and uh um why sometimes you know everyone loves talking about the successes and why sometimes it feels like everyone's succeeding but you're not uh it's not because everyone's succeeding it's just everyone likes to talk about their success and people who usually lose they just go all the way silent right they just like and that's how to spot people who lose like people who are very very active they suddenly drop off the planet they probably took a huge loss like that's the way it is but they'll never say it they'll never like it does not every person will tell you they took a huge loss so anyways um and people will pay more attention to yeah morning states people will pay more attention to the successes no matter how much you shared about failure so yep that's pretty much uh pretty much it uh okay elijah killen says box please think about posting to rumble tool you're the last streamer on youtube i watch i should yeah uh why not i have a restream thing like uh the way this channel works is i have it on restream and i repost it to like facebook and to um twitch and to everything so i'm pretty sure i can configure that to post to rumble so i'll i'll take a look at it hmm so sam the dayland says do you um do you have invest in coin trust swap launchpad tomorrow will be an interesting day i do have coin yes um i do i will take a look at what's happening um angela thank you so much for posting the video on survivor bias um um yeah there we go all right that's pretty much it we have a lot of people watching now i think like today is like crazy i didn't expect this actually um i didn't expect 700 people to be watching today to be honest i i was just like oh well i'll do it whatever right like um well yeah thanks guys for watching i didn't i didn't anticipate to have so many people and so many messages so i i'm apologize if i can't respond to everyone um yeah it did really take a uh take a break over the last few days so yet again i do excuse that it's less organized than it is usually but more stuff coming soon uh uh more stuff coming soon uh uh yeah so that's a clear sign i've been streaming for too long guys so guys thank you thank you guys so much for watching today i hope you guys are very excited for the coming few weeks it's going to be turbulent okay it's going to be super turbulent i think like there's going to be a lot of volatility ahead um that's actually going to be quite a good thing we're breaking new highs and we're going to be we're in new areas and people are going to test whether we can go up or down so just be very very cautious going forward like you know you guys are all responsible people but you know if you guys want investment advice this is not an investment channel invite advice channel to consult a proper well a proper uh you know a certify i know i know what the terminology is do wherever you are find whatever is the legally uh investment advice people and you know maybe just laugh at them but yeah um all right um morning saints says end up finding this channel got a new self thank you so much thank you thank you so much um pacman monsters your knowledge is on point i hope to share this with you guys this channel really helped me to be honest like i like i said throughout this whole time i'm really thankful for this channel because we shared a lot of information here uh it helped me because when i first started bitcoin i knew nothing about it like like like everyone right and uh i mind bitcoin because i can you know hit buttons um on my computer and i had a graphics card that could mine it back in 2012 but i didn't understand enough about it i think that was key i i really needed a channel like this and this is why i kind of wanted to make one like this and the community helped a huge amount all the way from 2016 2017 2018 19 you know we we like the the ones on this channel that we survived through the entire fucking bear market you know like sorry for swearing and dropping the f-bomb right there but we survived man we we survived uh we are the we and it's good for us to share that information too because 2017 2018 2019 was rough right like bitcoin just plummeted like people felt like it was going nowhere um but yeah we're we're on these glory that we're re-entering glory days but we will also remember that that there there was pain right and we're survivors in this so anyways that's it all right that's my chat guys thank you guys so much um uh girl says don't chat and formal all in dca ups and downs exactly it's all about surviving that and at the end of it you are rewarded like the people who dropped out and just freaked out sold all the bitcoin at 3000 you know sucks right that's that's the person not to be right you get all excited during all these pumps and then you just like dump everything like you know it's not just about this and i think that the community is getting better in that sense too i think i watched a few of andreas antonopoulos videos and he was talking about these waves right where people all just come in and everyone listens to him he's a genius you know he's in crypto and then three weeks later when bitcoin crisis crashed they're all like hating him and like you know throwing eggs at him and then he's just like it happens all the time right and then no one listens to him for an entire year until you know the next bull run but now for us it's more for for me at least it's having a survivor mentality is for me critical uh yet again speaking for myself only um that was kind of key um dollar cost averaging is kind of key too so anyways that's pretty much it i'm pretty excited for everything coming up we've got a question from brendan zimmer says what do you think of badger finance i think that's some crazy stuff is going to happen i'm actually farming that crazy as well badger finance um that's farming with bitcoin so you have rapid bitcoin rent btc can farm it but the yields are not as crazy as before but i heard um they're doing some they're also doing algo coins right so at this point you know why not having exposure there makes sense so uh yeah it's like it's a rough roughly around 30 30 percent 20 30 percent right now for the yields on that it's not bad so anyways that's around it all right thank you guys so much for coming in uh make sure you guys smash up the likes llama666s we're all badger farmers i know you guys all the farmers on my channel we're all badger farmers like we know we you know wing farmers badger farmers like we're farming everything guys and i i hope that goes fun and there's much more farming opportunities coming up so make sure you follow my twitter and uh yeah i'm super hungry now too like i'm famished anyways guys thank you guys so much for watching let's play the outro and i'll see you guys very very soon i'll take the time now to tell you a little bit about everything that's happening in the box mining ecosystem first and foremost if you guys like listening to all that's happening in crypto on the go then i would highly recommend you checking out the box mining bitcoin out of the box podcast and the reason why it's called bitcoin out of box is because we have long interview segments very much exploring the detail of the newest and latest of what's going on in this whole cryptocurrency space whole idea of it is to bridge that gap between knowledge privileged institutional investors and the rest of us here in this space now with the podcast it's on everything so it's on apple podcast it's on google podcast it's on spotify just search anywhere bitcoin out of the box so just add that onto a playlist and i just follow the new episodes when it's released next up we also have the box mining newsletter so this happens roughly bi-weekly we give you an update of the latest that's going on in a very summarized condensed format so this is perfect for anyone that wants an overview of the market say for example what's happening with okx the biggest event or maybe the little things like what's happening with different coins and overall the trend so what i use the newsletter for personally myself is to understand what kind of phase we're in in crypto to kind of get kind of in tune so if you don't read crypto every day the newsletter is perfect for you last but not least in the link down below if you're a telegram user we have the box mining announcements channel so this is to announce you basically what's the latest videos coming up but also we have a daily update a community driven daily update to provide you an idea of the latest updates on a day and a lot of people have been using that to get informed of the crazy amounts of trends that we see and i have to give a big thank you for claudio our community member for doing this it's just been phenomenal definitely want to give you a shout out there claudio as well for that and taking us to the end of the live stream so make sure number one you click like and subscribe on this video because it really does help this channel and then of course check out the podcast it's one of the best ways to know a little bit more to extend that knowledge especially in your spare time and then of course check out the newsletter if you're um you know if you want those updates and summaries and trends newsletter is the place for you and with that guys thank you so much for watching this video i really hope you have a good one see you in the next video quick just a quick thing as well so i just opened the package of what i got just now i just got another ledger x this is the one i bought myself um i was like oh i needed someone i need another ledger x so demo so anyways i just got that in my mail so it's kind of funny with all the recent ledger hacks and everything but the ledger e-commerce hack anything that got something from this but anyways i ordered this myself and yeah it's here so anyways um hope you guys are secure whether or not you know when you buy stuff let's also make sure your identities are kept safe um yeah have a good day guys um see you guys very soon see you guys next stream next stream um oh by the way next stream very likely we won't do one on friday because friday will be the first up your new year so i'll probably be like a little bit messed up by then um but so very likely we'll do some other streams throughout the week so i'll just you know subscribe like hit the notification bell and we'll just chat and chill and have a great time and celebrate the coming of 2020 because 2021 actually and because 2020 is a pretty uh yeah bad year but you know as bad as it is it's great for crypto right so anyways i'm not going to complain anyways guys thank you guys so much for watching