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Why Crypto Transactions Cost Money 🧠Gas & Blockspace Explained! 🪙 Episode 4
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Written from the stream's auto-generated captions.
- I guess you unlock the next thing at level 10.
- They take a 10% fee and that's what they give to the yield to everybody, right?
- Now I hopefully I'm going to unlock it when I go to level five here.
- If you don't buy the pass, you don't earn any points.
- Hyperlid $30.51, Monero $361, Canton Network 15.5, XLM 15 high 15 almost 16 cents just yesterday.
Show transcript (116 sections, auto-generated captions, expect typos)
I think that we're just holding on to something. Down. Hey. Hey. I think that we're just holding on to something. I think that we're just holding on to something. Just tell me what's I think that we just holding on to something that we just holding on to Tell me what's Heat. Heat. N. What's up everybody? Welcome to Underground Crypto Deep Dive Research Show. Let's make it so you can see what I see over here. Actually, give me one second. How's all my people? Who's in the chat? Motivational heroes here. Campa's here. Blues guy is here. I got to get these uh talking points up. Otherwise, it will be very annoying to do while we're live. You know what I mean? You know what I mean. Almost there. All right. Awesome. There we go. How's everybody doing tonight? Of course.
Now my camera is not working. Gotta love that. Now we got to fix the camera. There's always something uh going on. What is going on right now? Is my camera really not working? Now the camera is not working at all. All right, guys. I apologize. This is uh this is fun. It's fun right here. Don't tell me I'm going to have to do the whole stream without a camera. Trying to remember how to fix things in real time. It's a lot of fun. I got to fix my camera real quick. warning, warning. Technical issues. Lumbar is going on today. All right. Yeah, Lumbar has been on the radar. Let's see. Excuse me, guys. Still trying to fix this camera issue. I guess I could do the stream without a camera, but that would kind of suck, wouldn't it? All
right, I think I fixed it. Now I got to like remove it and then read it. And this is just life, you know. You got to you got to duck and weave and bob and move. Something's always coming at you. Something's always trying to mess up what you got going on. We might just have to do the stream without me uh without my camera. I have no idea guys what's going on or why my camera is suddenly decided not to work here. Let me try this real quick. Shouldn't mess up the stream, but I got to close OBS. Yeah, I'm not on screen, Melissa. That's what I'm trying to fix here. And I hate to do this to you guys, but hold on. Um, all right. All right. You should be able to hear me now. I realized that
I didn't when I closed OBS and I opened it back up, I didn't hit start streaming again. So, I mean, it's kind of a good little trick. I didn't know I could do it like that. It's good to know. Uh, now I'm trying to figure out how to zoom in. I know how to do it, but it's just not cooperating. I know the shortcut for it, but it's just not doing it right this second. You're back stronger and better. Exactly. All we can do is try to fix problems, right? It's all we can do. I know somewhere somewhere is the ability for me to zoom in here. Crop pad. Is that it? There we go. Wait, why is it going negative? I don't want it to go negative. All right, let's see. It's usually like 100. All right, guys.
I think I figured it out. What a absolute intro to the show today. There we go. Okay, I might have overdid it on that last one. Let's fix that last one. That's a little too much, right? Oh, well, that's fine. We could rock with that. That works. Bang. I fixed it. And now we can do the live stream. Good thing a lot of people don't even roll in for a couple of minutes, right? All right. Here we are. Let's go. Sorry about that. This will be on the blooper reel. I hope so. Hey, I can laugh at myself. It's all good. We can make a blooper real. All right, so here we are. We're on the crypto bubbles and just as motivational hero said, Bard is kind of going nuts here. Bard up 55% on the day from a
dollar 7 to $1.71 right now. It's pulled back. It's at $165. We got Kite AI getting a nice bump 25.5% up to 28. OKB just had a massive tear from $77 up to $120 or 27.5%. Everybody can hear me good, right? Is that why the lifer makes you wait like 15 minutes before starting? I don't know. Maybe he's just setting up, but it could be. He's getting ready in some type of way. Problems don't exist. It's just things we need to learn. Uh that's positive advice for growing mind state. We just learn all the time. I'm just saying, brother. I wouldn't disagree with you necessarily. I mean, we're always learning. I just learned uh I actually just learned a trick for how I could do this without having to be live while I'm doing it. This problem just actually
taught me something uh that I didn't know. If I actually close OBS, which is OBS is what you stream from, right? Some people use Streamyard. There's a couple different uh programs, but I use OBS. I could actually close it or hit stop streaming and then I can fix what I want and then hit start streaming again and then I can not be live while I'm trying to fix it. That would be smart. Next time, right? Long live the channel. God bless you all. Exactly. Blues Guy gets it. Hey, I'm glad I have such a great community, right? And things are going to go wrong. That's just life. Humanity is up 45%. Every time I got to dig into humanity again because every time I look at it I'm just like I don't really see what's so impressive about it.
But maybe I'm totally missing something. Sirene is up 29.8%. Those are the two biggest bubbles here in 100 to 200 by market cap. Let's drop down another 100. Open or no it's opinion sorry opinion down 21.6%. Omen mantra just equally getting crushed. Why why did uh why did Mantra do this to itself or why why did they do this? I I don't know. Maybe there's a good explanation, but it just seems silly that they've hurt themselves so much when they were just starting to get a little bit of a pump. Uh Jelly Jelly up 25%. Guay Impossible Cloud Network token, what a name. Ehex, if you know, you know. And my X uh up 9.7%. So, a lot of things pumping. I said that I like this guay. ETH gas is the name of the project up 14%. I've
said I really like this project. I like the idea. I don't know cuz it's like think about this and I'll talk about it as I move over here. You go to a website, you go to a project on the website, they give you a rundown of all the things that they're saying, right? These are just the things that they're saying. GU is one of them. And um you never really know how capable they are of actually like I'm not analyzing the behind their tech to see if they're really able to do what they say they're going to do. So that does play a big uh part later down the road. But in the immediate future, it's all speculation, right? So God bless you all. I'm feeling so good vibes here. Love growing here. Respect all. Absolutely. Thanks everybody for
being here. And it's Thursday. We're getting through the week. Another day of live streaming and a and I was just in the middle of a big project before I started live streaming. Well, I guess not a big project. I had to get a new washer. I'll talk about it in the underground hangout, right? Because I don't want to take our time away. People want to hear about crypto. So, Bitcoin, $71,134. I'm liking it. From where we've been locally, I like it. I'll take that all day long. Ethereum $2,86. B&B $650. XRP $141. Salana $89. Tron 28. Dogecoin 9.5. Really? Cardono 27. Hyperlid $30.51, Monero $361, Canton Network 15.5, XLM 15 high 15 almost 16 cents just like yesterday. H Bar 10, Avalanche $942. Zcash still $22,8 still down um from some heights that it was I think it was
almost 700 bucks, right? SWU is at 95 almost at a dollar every time. time. I want to say like a $1.95. It's not. That would be amazing. Meme core $147. And let's go check out that flare. It was at 77 yesterday and it's still 77, but in the top 100. So, I can't be mad about that cuz it had fallen out of the top 100 for a couple of weeks. I think it was more like a month, honestly. Take a look at what's trending. And I am in a trade on Espresso. I want to hold this trade for a little while and see if we can get some altcoin action, right? Um I was very tempted to sell it. Actually, when we were up here, I was up like $40 and I was very tempted to sell this thing,
but I was like I set rules and I said I'm going to go for a longer term trade when we were up here earlier today. And since that's what I was planning on doing, I want to stick to the plan and not change the plan constantly. um because that'll make you have no idea where you are with your trade. And so I'm just going to hold on to it because I think we made an Adam and even. I think we're going to get a nice pump out of it. But of course, Bitcoin really has to play ball in order for that to happen, right? So, I'm up a nice 17 bucks. I mean, I should take my stop loss and turn it to break even. I will do that in a minute. That way, I can't lose on the
trade, right? I think it's a smart thing to do. Um, and still good good chance you get stopped out for nothing because you know price fluctuates and that is what it is. We are very close to the bone there. All right, so here's what's trending today over on Coin Gecko. We got War, Bitcoin, Pi Network, Everyday, Pudgy Penguins, OKB opinion, which is prediction markets, right? We've been over that. Salana lighter back on the radar at a $123. Venice token, manad, XRP, Canton network, Ethereum, Mantra used to be home. Same project though and Bit Tinser. So, what is really worth going over here? Well, we checked out War yesterday and I don't Oh, it's a launchpad. That's right. This was on Bunk uh Bonk. I want to call it Bunk. It's Bonk.fun fun ecosystem and also I think was launched
on bonk.f fun uh launchpad and it looks like it had a nice top out here at about 4 and a.5 cents March 5th which is today. Oh, I'm on the 24hour chart. Well, duh. And then it it's fallen about a little more than 10 cents at this point. And if we go to the max chart, this thing has been around since uh January 26, 2026. I don't know why it just kind of reminded me of something that the lifer said one time that is just so true. When you live stream all the time, there's just going to be days where things happen and you're off. Um I don't really feel off, but I can tell that the show started off on some rough footing. So again, just like yesterday, there's not really a whole lot of new stuff to
go over here, right? An opinion again is a prediction market. Its platform looks like a prediction market. I'm not super bullish on it. Um I guess there's a lot of people with some money that love to jump into those things. And so maybe that's why it's trending. But there's so many better places. Like why would you want to go to like uh New Project Opinion and and do prediction markets when you can do them on Coinbase? You can do them in the Soulflare wallet in a ton I mean a ton of other places that you can do it that are just more trusted. I mean, do they have prediction markets on Binance? Um, I don't use Binance because I'm in the United States. I know they have a Binance US and stuff. I'm just not in the habit of
using it, right? All right. So, they did we we took a little bit of time yesterday, right, to look at kind of the main page for Crypto Rank. First and foremost, let's check out that fear and greed index. Fear and greed index says 18. Yesterday it was 22. I thought it was higher yesterday. It sure is. So 22. >> And this is what I thought was really interesting. This altcoin index. So it's at 38 moving towards that middle ground. It's definitely higher than it was yesterday. Is this how we know when we're in altcoin season? I've never really fleshed out this uh altcoin index before. I've never really seen what it feels like when we're up say at like 80 or 85 90. I don't know. So, I'm going to be keeping an eye on that. But, let's take
a look at what's trending over here on Crypto Rank as there's usually a little bit more wealth of information for trending over here. And I and I do apologize if today winds up being a little bit of a short stream. I got a lot of stuff going on. I'll talk about it later in a minute. Um, so opinion number one trending today. Bitway we talked about yesterday. Superform heroes heroes of Mavia. Uh, Fabric Protocol Creator Lombard uh, Fala which I will touch on that Espresso which I'm currently in a trade on. I just showed mantra of course rebrand or re not rebranding but new contract new ticker plague dogs in the house what's up welcome in welcome in we got block street this IDOS OS usually standing for operating system ID for you know identification so identification operating system
see if we could infer what that might be we'll check that outfuge Sahara AI plasma zama open ocean that's new on the radar. Definitive we talked about yesterday. Definitive was like a top gainer yesterday. I think it was the top gainer. Kite AI and Plume Network, right? RWAS. So, let's roll down in here and let's do what we think is relevant. So, of course, Fabric Protocol or Robo and it is all about AI, but not in the way that you're probably thinking. It's more about running AI in the real world, right? So, fabric protocol is a decentralized network for creating, managing, owning, and evolving universal robots. So, think real life robots, of course, being run by AI and and aentic network by definition, right? And let's take a look at what we got going on here. It's only been
out for a few days token anyway. uh the 4th of March 2026 market cap 91.1 million been as high as 136 million. I guess a lot of people speculating that this is going to be a big player in uh in that field. That's the only thing I can guess or it's just speculation. It's a new AI project with a different angle. So maybe some people think it's just going to do well because of that. A nonprofit advancing open robotics and AGI. Our mission to ensure that intelligent machines broaden humanity opportunity human opportunities remain aligned with human intent and benefit people everywhere. Why we exist? Because AI is leaving the digital realm and entering the world of atoms. Robots and autonomous uh agent introduce new challenges physical safety, real-time decision making, energy and resources constraints and interact with human environment.
Today's institution and economic rails were not designed for machine participation. Without new governance frameworks, we risk misalignment, unequal access, and concentration of power. So, it seems legit. I mean, don't know anything past what I just said there, right? I just read from their website exactly what I was talking about earlier is that it's very much what they tell us. We got to take them at face value here, but that doesn't mean we got to believe everything that they're saying, right? Okay, we don't got to jump on the FOMO and uh the hype train and think that they're telling us the truth all the time cuz this is crypto, right? It's a new frontier. 19.4,000 followers. Not too shabby. They're listed on OKX wallet, it looks like. Is that their pin post? No, it's just a repost. They don't have
a pin post. Very new. They only have 60 posts and we don't always go to the Twitter as much anymore. I haven't been doing that as much. All right. So, that's Robo. I want you to know what it is. It's on Ethereum. It's got an Ethereum contract. Creator we've talked about, but Lumbard has just been taking names today. So, let's talk about that. So, Lumbard, ticker Bard, A$167, 377.6 million in market cap and uh 320. Oh, no, sorry. All-time high is 382. That's what I'm looking for. So, all-time high market cap is 382 million. Right now, we're at 377 million. You can tell by the chart, we're not really all that far away from the all-time high. This is the daily chart. If this thing closes like this, um, you're going to get a tweezer top, right? And let's
move it into like the weekly. See where this thing started. It says the 15th of September, 2025. And it looking it's looking strong. And that makes me want to know a little bit more about Bard. Lumbard is a Bitcoin restaking platform. That's cool. We've talked about restaking a lot um and what that means, but most reststaking is honestly on Ethereum that I've seen so far, right? It's time for Bitcoin to move to build. Lumbar brings Bitcoin to life on chain for people, protocols, and platforms. It's launched the web 3 app. That was more like the web two facing side of things. Liquid Bitcoin uh BTC.B is BTC bridged. So if you bridge your BTC, you get BTC.B. So you're going to bridge your Bitcoin back to Bitcoin. So it must have been not Bitcoin Bitcoin. Does that make sense
to anybody? All right. allows you to bring your BTC onchain with permissionless decentralized and cheaper to mint and redeem than other rappers. I assume you're bridging off of Bitcoin network somewhere else. I'm not really sure. So, Bitcoin earns high multiplier access to vaults. TVL is 52.6 million with a 4x multiplier. Now, is that per year? What do they mean by 4x? Right? Cuz 4x would be like 400%, right? If you 4xed $100, you would four times that $100, right? All right, let's go into some different things here. They got portfolio rewards. Lumbard Lux season 2 is now live. So, with this being earning yield and having to do with Bitcoin, now I'm starting to understand a little bit more why people are excited. I've looked at this project before. I feel like they have rather added some stuff or
they've just updated this web 3 side of things because I don't remember it being like this at all. Shorting bard, it's pumped a lot. It might not be the worst idea. Just depends on how long you plan on holding that short, right? If you're scalping, you might do all right. I mean, we showed we showed you the chart a second ago on the daily. It pumped up really high and right now it seems to be pulling back. So, live events, growth maxi, BTC stakers, Lumbard, uh, refer. So, there's different things you can do to earn some lux, right? You're not earning bard, you're earning lux. Why can't they just ever let you earn the actual coin? Why do you always have to earn like some other random, you know, coin that's like a part of the ecosystem, but not
the actual coin that you want? Start earning native BTC yield. And again, what is the point of restaking? Can anybody tell me what the point of restaking is? Anybody? So, here's what I was really looking for here, right? Is I want to go to the bridge and say I wanted to bridge Bitcoin somewhere anywhere and they don't have I don't see native Bitcoin, right? I see B&B, Ethereum, Bass, even me. So, it seems very much to me like this is BTC Defi restaking and stuff very much living outside of the actual Bitcoin network. See what's under marketplace. What is in the marketplace? If it'll load, that is Chris Goes 333. I'm looking forward, I tell you, to that. Uh, this is not loading. I'm looking forward to Defi Friday tomorrow. I'm ready to to to cut loose with the
community and just hang out and play some games. Right. Today's been a a busy busy high stress day. So 30 day APY is 4%. And they give you 4x lux 8x lux veta. I'm not going to pretend like I understand all these things, right? Deposit Bitcoin automatically. management earn Bitcoin on Bitcoin yield. All right, so you get it. This is all about yield and it's all about Bitcoin and uh that must be really catching people's attention or something because it's been taking off. There's been speculation that that's going to do well. Let's go to Fala. Chilling out a high 4 cents almost 5 cents right this moment. Market cap 42.4 million. Um all-time high market cap 455 and you know what follow looks a lot like bar doesn't it pumped up. Let's see are we on the daily? We
are on the daily. Pumped up and then it's just kind of pulled back a little bit and it's just kind of holding it. You can see almost kind of like an SR flip here. Let's go ahead and uh put us a line on the chart. Say it's about like it's about here. Probably not perfect, but there you go. So, if you kind of hold that support and resistance, looks pretty good. And this daily candle, remember these are daily candles, came down, kind of tested it, but it closed above it, and now you're still above it. So, that looks pretty good on the chart there. I don't know. I would almost say if you were looking for a short, if this thing loses the support and resistance, you're probably coming down to at least like a 786 retracement, right? Let's
go to their website. All right. Fala is a privacyen enhanced permissionless computing protocol. Nice. I love when it doesn't just expand, it just takes me to the big thing. Let's go to their website. They could tell us better what it is on the website. The Neo Cloud for confidential AI. Build AI people can trust. Hardware secured computation platform that delivers verifiable AI with enterprisegrade privacy. Deploy confidential AI models with T protection in minutes. Now, I feel like I just went over this project yesterday because I'm pretty sure that I did. So, trust AI, unlock use case, and win the market, right? And this is very much an AI project with privacy very much also a big part of the narrative here. Pay attention to the story that's being told. That's what we've been focusing on with a lot of
our teaching moments here. Okay, Block Street. Let's take a look at that for a second. I'm not going to talk about espresso today as a project because I feel like we've done that a ton. How is the trade doing? Up $21 now. I was up 30 bucks or or almost it was 39. It was I was up 40 bucks really. Looks like a little inverted head and shoulder right here. Look at that thing. Shoulder. Head and shoulder. And let's get rid of that. There we go. So, what would be your measured move? And this is what am I on the three minute? Thought I was on the 15, but I guess it' make a lot more sense. So, kind of back up to the heights we were at there. What chart? Okay, we are on the 15minute chart. Cool.
Now, we're above the 21. We're above the 200. I like it. I like it. right now. Um, I would like to set I love when things pop up pop up and they won't go away. So, let's say.1 22 23 is where I want to set my stop loss. Let's go ahead and do that. If it'll let me. 0. Wait, wait, wait, wait. Too many things in front of my computer. Can't see 0.0 or sorry one two23. Yeah, that would at least mean I made $2. I could cover my fees and then now I am not at any risk of losing my money, right? So, I rather make $2.38 or this thing takes off to the upside and I let it run. And I wanted to let it run for a couple of days. was really hoping we could get
some follow through with some of these altcoins if we really have bottomed out, but you know the games and the treachery that goes on here in crypto. You never know what's going to happen. Says River is pumping in the moment. I'm sure that it is. So, Block Street, Blockstreet is a DeFi protocol focused on tokenized stock utility. I really feel like I went over this yesterday. because I did. All right. So, it's the 4th of March, 2026, and it has 24.3 million in it. Only been as high as 28.4 million. So, it's been uh it's been pretty much where it's at, right? That's not a big disparity. It's only like $4 million difference. It is very new. and Blockstreet is a D5 protocol focused on tokenized stock and utility. Let's go to their website. Unified liquidity layer for tokenized
assets. So the big takeaway here category financial, right? Niche it down to liquidity and they very much are trying to unify liquidity across many different markets so that when you're trying to do something, liquidity is there. dynamic system for tokenized value, chain abstraction, liquidity, right? Taking the complications away from the end user, composable primitives and crosschain settlements, automated risk engine. They got some cool stuff here. But you really care about this if you're if you're working with quite a bit of money, right? That's that's the big takeaway there is if you're playing with 50 bucks, you probably don't care about the liquidity. uh if you're playing with $100,000, you care about the liquidity, right? You need to know that wherever you're trading, wherever you're doing stuff, they have the actual liquidity uh that will suffice for whatever you're trying
to do. So, this IDOS, right, the identity layer of web 3. So, we've seen many projects come through with this kind of narrative. This is not a new narrative, but I would say that um a lot of people have very strong feelings one way or the other about it. Mostly most people don't like the whole, you know, identity online thing. So 05 the 5th of March 2026, 9.4 million in market cap, 17 million all-time high. So, it's definitely fallen from this all-time high of somewhere around a high 9 cents 097 really like 098 and right now you're chilling at 3 cents 0034. Let's look at their website again. It's on arbitum. I'm not crazy bullish about this kind of stuff mostly because the market is speculation and how many people are really getting like super bullish or FOMO or
believing that you know they need to get in this before it pumps because so many people are going to be bullish on you know an ID operating system portable identity for stable coin economy connect your EVM wallet a near wallet XPL wallets okay so they are integrated with XPL that's interesting And if you don't do that, then I guess you can't really get into this to look at much. I don't know that I really care too much about that. They did have another website. We'll take a look at that one. Probably has more information. Portable identity for stable coins. Reusable identity and user onboarding infrastructure for stable coins. IDOS enables your users to verify once and transact everywhere. So basically, you could KYC one time kind of thing. and then instantly be able to uh prove your identity anywhere
you go. Now, what if you're trying to not look like who you are? Basically, like if you're trying to use an exchange outside of the country that you're using it in, as a lot of people use VPN, but if your wallet is tied to your KYC, now you're stuck, right? Now you need multiple wallets. That becomes a headache. Open by design, composable by default. The internet economy should belong to its users, not platforms. IDOS puts identity back in the users's hands. Portable, private, and permanent. Stable coins solved global money movement. We're making sure everyone can use them in the real world. So, with just like anything, there's upsides to this and there's plenty of downsides to this. Uh, the internet broke identity, so we're fixing it. One KYC, unlimited applications, and 100% self-custody. They're talking the right talk here,
right? Seamless onboarding. Uh, users log in, authenticate, and recover access to their self-custodial accounts with their face. Okay, so one thing that um, somebody who's really smart on these topics pointed out to me one time is that just like your thumb print on a phone, it's actually a file. There's a file inside your phone that stores when you put your fingerprint in. Well, it's got to have something to match it to. So, if a hacker is able to get a hold of that file in your phone where your fingerprint is basically kept. So, when you put your fingerprint, it matches it to that fingerprint and that's how it knows that they match, right? To let you in. Um, I wouldn't doubt that face recognition is very similar, right? It's probably a bunch of ones and zeros inside a file
so you wouldn't really be able to read it. But if you just copy and paste it, it would get you into just about anything you needed to get into that required that. So keep that in mind. It's kind of like in in encryption, right? Um I don't want to get too techy here, but encryption it makes the the you need a key in order to unencrypt it, right? Well, if the person has the key, right, if the hackers have the key, they can just unencrypt your messages. So, with any advancement, there's also issues that need to be fixed. That's why we're constantly evolving in this space. All right, Open Ocean. I never heard of this ticker OE. Let's see what network it's on. It says B&B. Wow, look at that. Look at the ecosystems. I'm not even going to
read all of that. That's crazy. It's a lot. So interoperatability is is the mo for open ocean. I guess open ocean is a crosschain decentralized exchange aggregator on Ethereum virtual machine. So it's an aggregator. Is it an actual DEX though or is it only aggregating in the background? I'm not sure when did this thing come out. Let's go to the week chart. Okay, this thing is not it's not new. I got to go to the monthly chart to find when it started. The 1st of July, 2021. 419,000,000, not million. Wow. So, it's 419,000 in market cap. At first, I thought I said it wrong, but no, it is 419,000. Alltime high is like a is 113 million. That is a big disparity. Um, I guess maybe not that crazy given it's it came out back in like 2021. Open
ocean. Binance. Access every chain. One-stop crypto trading. Let's launch the app. See what we get. Claim your rewards. Get up to 100% rebate on your trading fees. Yeah. And so this is like this is just a swap. Oh, wait. This is so trade. This is not trading. This is swapping, right? When you swap one thing for another, that's it's not what we usually consider trading. Uh trade Binance Alpha token StockX. Okay. And then so trading is actually swapping and swapping is actually trading. Nice. They do have a whole X42 protocol. That's pretty interesting. So, I guess let's pick a random one. Let's pick Zama. No, I didn't mean to copy the address. Yo, that's wild. So, when you go to trade, it's actually swapping. And then when you go to swap, it's actually trading. And then they have their
own like separate category for X42. Is that what Yeah. Well, at least you can see a lot of X42 Protocol. Dexter, I feel like I bought some Dexter at one point. I I was hoping Dexter would do well back when we were in the like X42 craze. It was starting to heat up, so I picked like a really low cap, you know? And they have no I they have no information on that coin. Anyways, shout out to anybody who remembers when I was talking about Dexter. I just liked it cuz it was super small and X42 was heating up. We'll see if that thing ever does anything. I don't think I bought much. I think I bought like $20 worth of it or something like that. All right, so let's move along there. We've covered that. The last couple
days, there hasn't been a lot of new projects to go over. I'm glad there was at least a couple. Let's go to our top gainers, top losers of the day. All right, they keep changing this on me. Here we are. XPT is up 74.1% today. Uh I hate CCP says no moon. I I don't even know what he means by that, but I could infer. Right. XPTt up 74%. Frasa AI up 71.5%. War is up 51. Lumbard's up 49.5. Humanity up 44.9. I said that I kind of wanted to check on humanity because let's go to their website. Introducing the internet's trust layer from KYC to fostering brand loyalty. Unlock insight you can trust without holding any user data. So very much like verifying without actually. Oh, he put wind moon. Okay. Uh, tomorrow. It's going to moon tomorrow,
guys. Uh, altcoin season has just started and you're all going to be filthy rich tomorrow. No, I'm just kidding. I have no idea when uh when we're going to moon. Um, no moon for me. So, no moon when moon question mark. Oh, no moon for me. Okay. Um, I don't know when anything's going to pump. Never financial advice. We are Crypto Research where we're always looking at what is going on in the world of cryptocurrency and all of its many facets from DeFi gaming to raising that crypto IQ. And with that, we're going to hop over and raise that crypto IQ. Hopefully my my notes want to uh to cooperate here. There we go. So, let me tell you a short story about when crypto transactions cost money. Imagine a highway with only a few lanes. Maybe if you
live in rural parts of uh anywhere you It's not hard for you to imagine a highway with only a few lanes. I live in Florida. You get into like Georgia and the highway is only two lanes. Deep diving every day with underground. Yep. Shout out to all my undergrounders. Thank you for being here. Uh when traffic is light, cars move freely. So just think about it in terms of traffic. I think that's a really good uh metaphor or analogy. There is plenty of space and vehicles pass through quickly, but when the highway fills with cars, congestion appears. Drivers compete for space and movement slows. Blockchain operates in a similar way. Each block represents a limited amount of space when transactions can be included. Only a certain number of operations can fit in each block before it is full. This
limited capacity creates scarcity. Now, what I was just thinking is um if anybody's ever had to take like a ferry or a boat where you drive onto and it takes you across some kind of waterway, it's kind of the same idea as a block if you're trying to apply this analogy of traffic because there's only so many cars that can fit on a on, you know, on a ferry and then it has to go to the other side and unload those cars. And if you didn't get on, you got to wait for it to come back and load up the next batch. And hopefully you make it on that one. I've never lived anywhere where you had to do that. Although I've been on one before. And so if you're going to use this traffic analogy, I like blocks
being like a ferry that takes you across a river and it can only hold it can only hold say like, you know, 50 cars. And once that ferry is full, you got to wait for the next block or the next ferry. So this limited capacity creates scarcity just naturally. So when you send a transaction and it enters the memp pool, we've talked about mempool so much. I hope that when I say meool, everybody knows what it is. A waiting area shared by the entire network. Other transactions are waiting there as well. Validators must decide which ones to include in the next block. Right? So imagine even you're at like the ferry and you're trying to get across and then like somebody's coming by and they're saying, "Well, how much are you going to pay to get on?" Oh, you're
going to pay 10 bucks. What about the guy behind you? They go to him and he's like, "I'm I'll pay $50 to get across right now." And they're like, "Come on, you could get ahead of everybody cuz the fee is usually 10 12 bucks if you're willing to pay 50. Matter of fact, everybody who's willing to pay 50 bucks, you all you guys get on first. That's how it works, right? They usually choose the transaction offering the highest fee. In effect, users bid for space on the blockchain. Those willing to pay more or process sooner, paytoplay, while low fee transactions wait longer. And I'm sure some of you guys have had this on Ethereum. You're trying to use Ethereum and or any network really, but this is very predominant for a long time with Ethereum where you could choose
um if you wanted it to be fast, normal, or slow, right? And of course, it was about the fee. If you click slow, you paid a lot less fee, but it could take forever if the network was congested, right? Gas represents the cost of computation required to execute an operation. What it costs in order to get your your transaction approved. Simple transfers require little gas, right? Complex smart contract interactions require more resources, so they cost more. During periods of high demand, competition increases. Users raise fees to ensure their transactions are processed quickly. This bidding process drives gas prices upward. Uh just like everybody who always complained about Ethereum costing so much, it was costing so much because everybody was using the network. The result is a market, right? So the whole process of trying to sell that space to
the highest bidder is a market. Blockchains do not allocate transaction space randomly. They allocate it through economic competition for a scarce resource. Fees are not arbitrary. They are price users pay to access limited block space within a decentralized system. And we'll get to our normal talking points here. And I want to just kind of go right into them because I feel like that we're doing a good job here uh at raising your crypto IQ. I feel like that would went really smooth. So, we're just going to keep going. Uh so blockchains have limited capacity. How do we impose a social a socialist utopia on blockchain gas fees? I you can't that's it. You you can't or or uh create your own blockchain and and then try and I'm saying you I'm just saying whoever wants that vision. Maybe you're
just making jokes which was a good joke in my opinion. Maybe a little techy for some people. Um, but yeah, like I guess you'd have to make your own blockchain and make the consensus work in a way that you feel like models a socialist utopia. All right. I mean, your name is I hate CCP, so I'm going to assume you're not pro- socialism. All right. Blockchains have limited capacity. So, we're going right with what we were just talking about. Everybody with me? Drop a 111 in the chat if you are with me. If you can hear the sound of my voice, drop a 3 I 3 I 3 I 3 I 3 I 3 I 3 I 3 I 3 I 3 I 3 I3 in the chat. If you actually are listening along and uh even slightly understand
what I'm saying, throw a 111 in the chat. Where all my people at? Roll call. Uh he says lol. There we go. So every blockchain can process only a limited number of transactions per block. This limitation creates scarcity. and how many transactions can be processed at any given time. This scarce capacity is called blockspace. So I have done so many shows from different angles around this topic and I still feel like it goes over most people's heads, right? Block blockace markets, all kinds of different things I've titled it and taken different directions at and we're going to keep doing it until you know this stuff like the back of your hand or I guess you don't come anymore. One or the other. All right. uh Boxspace as a market. So it's going to get into it just like I
was talking about because Blockspace is limited users compete for inclusion to be included. Transactions offer higher fees offering higher fees are prioritized by the validator. So the validator right he got into this business because he um w wanted to be charitable to all mankind. No, Validator got into the business of validating to make money. And they usually had to pay a lot of money. I can't remember what it was, but um was it like a 100,000 ETH you had to own back in the day to start a valid? I don't know. It was a lot. Either way, it's a lot of money for a lot of these different ones. And even if it's not a lot of money, it's some money. You're going to It's not free. At least not for your major monolithic blockchains. Anyways, the validator got
in here to make money, right? So, if you were running a business and say your business was something like super simple, right? And you were selling tickets for somebody to get into a concert or get into a fair or get into some kind of event that was going on and your business was selling the tickets. If there were 10,000 people waiting to get a ticket and the tickets are $5, you just be like, "Yo, anybody who's willing to pay double, you get to come first." If you're willing to pay $10, you get to get ahead of all these people who want to pay $5. And you're like, oh, some dude's just like, you know, well, I'll pay $20 to get ahead of all of the people. And you're like, all right, come on down. And then it becomes a
bidding war for who will pay the most money gets to come up and buy their ticket and get into the event first. And that's the same idea except for getting into event. You're getting your transaction or your proposal into a space within the block. I know you guys are following along. Y'all get it. Y'all get it. Um 111 333. Uh I love ICP. That's hilarious. I don't actually like ICP. Um I can't name an actual single song. What's up, Cryptic Quinton? What's up, man? How you doing? Welcome in. Welcome in. I love BTC. There you go. All right. We're raising that crypto IQ, Quinton. So, welcome in. Welcome in. So, what gas actually represents, GAS measures the computational effort required or at least demanded to execute operations on a blockchain. Simple transfers require little computation while complex smart transactions
contract interactions require more. Gas reflects resource consumption. So everybody wants cheap fees. Then you're going to have to have really good uh throughput or ability. So think about this, right? Everybody wants things to run smoothly. So let's go back to our traffic or highway analogy. You got a two-lane highway, a threelane highway, and it's coming to a crawling stop because there's just not enough room for everybody and and nobody can get through. There's congestion, right? That's what we would call it. When you have congestion in a network, it's very much the same thing. Things drastically slow down or sometimes can even come to a complete stop on the network. Well, imagine if all of a sudden now we had six lanes on that highway, 10 lanes on that highway. That is what we call throughput. The ability to put
through a lot of transactions at a time. And that's why you'll see a lot of different blockchain Salana whatever um arguing about who's the fastest, who can handle the most throughput, stuff like that. And when we go to their websites for these different um layer ones and stuff, you'll see them touting their throughput metrics, right? How much they can throughput at one time. So how fees are calculated? Transactions fees depend on gas used, gas price, and the network demand. When many users compete for block space, gas price increases. Network congestion. Wow. It's almost like I was just talking about that. And I'm with you, Cam. I don't know anything about ICP. Um, I'm waiting for Moon. Yeah, I think we all are. Uh, Sam Sammy did his weekly screen share public on YouTube and there was like 500 plus
people. Nice. He didn't do a um uh what do you call it where like you a membersonly link chain means one after one after one. Yeah. And the one would be the blocks, right? How can you have multiple throughputs on a linear blockchain? Uh a monolithic blockchain on a linear blockchain. Well, what about a modular blockchain? Um that's something that we've talked a lot about here. Modular blockchains in different ways. Oh, it was an accident. Okay, Cryptic Quinn. Yeah, I didn't think he normally did that, right? It's supposed to be for all the people. That's one thing that um I I always have to rewatch the uh the Thursday screen share because I'm always live when he does it. He forgot to make it private. Hey, things happen. But at least maybe people got a taste, right, of what
uh it's like to be in that Discord. I hope it I hope it means he sells a bunch of uh you know access to his discord network congestion right during periods of high demand me pools fill with pending transaction validators prioritize transactions with higher fees causing users to bid against each other congestion drives the fee upward validators and fee incentives. So validators earn fees by including transactions in the block. This align this incentive aligns validator behavior with the network's economic structure. Fees reward block production. So fee markets and efficiency. Fee markets allocate scarce block space to transactions that value it the most. Users will pay more gain faster inclusion who are willing to pay more. Right? Markets prioritize that that demand. So scaling and fee reduction. And this is where we get into and this kind of goes right
to the question he was just saying. Um he says so does it remain a layer one to have a modular blockchain multiple throughputs. Yeah it definitely is a layer 1. I mean what's the definition of a layer 1? I would say the most basic definition of a layer 1 uh would be smart contracts right having the ability to implement smart contracts to me is a layer one. Now, where that puts Bitcoin is very interesting. You do have inscriptions on Bitcoin. So, they're like there's a tiny bit of ability to have very basic contracts. I don't even know if you'd call them smart contracts, but you have both modular blockchains, right? And then you have layer twos, right? Think of base protocol, arbitrum, uh pol pole or you know madic as it used to be called. It's what most of
us know it by, which are layer 2 systems on Ethereum. So they can batch a large number of transactions and then basically make that you make imagine just taking 10,000 transactions and processing it like those 10,000 transactions were one transaction or what about a 100,000 transactions like they were just one transaction on the network. And if we go back to our traffic analogy, you can imagine like what if you could suddenly carpool 30 cars into one car and then every car on the road was just every 30 cards on the road was just one car. Imagine how good traffic would run then. Like if if all traffic was just buses full of people and you had 40 50 people on every bus instead of individual cars, traffic would be flowing. It'd be a lot easier. And that's more the
idea of a layer 2 system. Um, yeah, he forgot to make it private. So, the Normy's got a sample of what it's like to be in the 99. Hey, maybe that's good. I hope that it it actually has a super positive effect for him and he sells a bunch of uh access to his Discord. So, does it remain a layer one to have modular blockchains, multiple throughputs? Yeah, absolutely it does. All that you're saying with a modular blockchain is instead of having like gas, smart contracts, and like the many different things that are going on on a blockchain all driving on the same road, imagine you had separate highways for separate things. Like imagine your highway, I don't know where you live. I live in America. So imagine you had one highway that was only for freight trucks, right?
That was only for semi-truckss and nobody else got on it. Then you had another one that was only for, you know, police, uh, firefighters, EMS, like was only for your emergency type stuff and nobody else drove on that one. And then you had another highway that was only for regular people and free up a lot of space, right? That would make things run a lot smoother. That's the idea of a modular blockchain. So, it doesn't really change its ability to execute smart contracts. If anything, it just makes it a lot faster and easier. But it also makes it more intricate. So when it breaks, there's a lot more intricacy to fixing it than in a monolithic blockchain. Uh front row seats. Yep. Exactly. Yes. Hopefully. Yeah. I'll be going back and watching his uh his weekly screens here. I'm
always I'm always re-watching. Never get to be live on that anymore. So layer twos become centralized. So centralized so to be avoided. No. How are you a chain when there are multiple highways? I was just using the analogy of there being multiple directions. It's it's all one network. I see where you're talking about. I get what you're getting at. And I guess that in a modular blockchain. I guess you could argue that. Well, it depends on how they're set up, right? So, they could be in a fashion where you have like technically multiple chains running simultaneously that make up one larger chain. that your question really gets into like really technical consensus stuff. And in order to really answer your question, uh you'd have to look at a specific blockchain because every blockchain has the freedom to organize consensus
in whatever way that they want to, right? So, it depends on what we're talking about as far as giving you an answer on that. Yeah. How are you a chain where there are multiple highways? Well, I guess if you put them all together, maybe they were side by side, you know, all the different highways, but they weren't actually connected. That would be a better representation of a modular blockchain. Anyways, let's keep going here. Scaling and fee reduction. I'm going have to cut probably all this stuff out uh when I make my video for, you know, pre-recorded video. Layer 2 systems and scaling improvements aim to increase block space availability. When capacity expands, fee pressure decreases. So scaling expands supply. So core insight uh crypto transaction fees exist because block space is scarce and markets allocate access to that scarce
resource. Now, one thing that I will say is that there was one there was one project, I don't even remember what it was, where they were basically like, "Okay, well, let's just take the blocks and make the blocks really really really small so that they get filled and and and finalize, right? Finality quickly, right? So, it's like instead of having to fill up a block with and I don't know how many are in your typical block, honestly, but say it was 10,000 transactions. Well, what if it was only a thousand and we just filled them really really really really quick? It would be easy for people to get into them. That is um I guess more along the lines of what a real time uh a real time network would be. Let's see. Let's see if I can find
this real quick. There's a a project that specializes in it. There's many projects that specialize in it. Let's see if I can remember it off the top of my head. Which one is it? Um, he says, "Oh, nice. Well, hopefully uh you you understood what I was saying." And I really uh I love the interaction here in the the talking point. Somebody really raising their crypto IQ. That makes me feel like I'm doing I'm doing some good out here in the land of crypto. Uh I definitely just for everybody, I welcome all your questions. I'd love to see more people um you know ask more questions. I'm yoloing into Caspa which uses a block dag. Yep. Instead of blockchain. Yep. Uh there's also like ghost DAG and there's a few other iterations of it. It gives uh many many
multiple chains into a big 2D graph directed a cyclical graph. Yep. Exactly. Then you have, like I said, there's mo there's multiple dags, too. Like there's ghost dags. There's the one that you're talking about. Um, you know, there's uh there's a lot of different direction. It's kind of the beauty of it because people can come on and say, you know what, we're going to do it better than everybody else. We're going to take this out and add this and we're going to make this new thing and then we're going to put this over here and do that. Like they're organizing it differently and somebody's going to do it at some point. then it's just going to be it's going to be significantly better and it's a lot of times the tech that moves that forward. Says, "I love your
video stream and chat." Hey man, I appreciate you saying that. Um I I definitely will take it, man. I've been working hard to try to raise people's crypto IQ. It feels like an uphill battle, but for the few people who really want to know and who really want to raise their IQ, I use that tongue and cheek. That's like a branding thing, but I really just trying to show people all the different amazing things that go on in crypto and how it all works so people will stop asking me, you know, uh, you know, how how does this worth anything? How does this even have any value? Like, we had somebody in the chat the other day. I just want moon so I can finally attract a girl. Okay. I mean, I'm assuming you're being uh, you know, you're
being honest on that. Maybe you're just messing around because, you know, everybody talks about um you know, the crypto guy who gets rich and then he finally gets a girlfriend. That's a pretty common tongue-in-cheek thing, but there's definitely people out there who I'm sure actually feel like that. And um if you ain't got some dough in your pocket, probably not going to do you any good to get a girl, right? So, you want to get the money first or at least in the meantime, right? I feel like the best the best is when you you find an awesome girl who supports you while you get the bag because then you know you can trust her. Once you're already rich, brother, you run into a whole new set of problems, right? Once you're already rich, now you got to make
sure the girl actually likes you and is not just there to spend your money. Could go a lot of places with that, right? Yeah. Guys don't care about money if it wasn't for women. Absolutely. I'd live in a tent in the woods if it wasn't for that. And I would probably love it, right? I'd probably be out there making deer jerky, wearing deer hides, uh, making my own arrows out of Flintstone. I'd be having a ball out there, I'm sure. Uh, fake it till you make it, bro. Walk around with a monle. I don't know if that's going to make you seem rich. That might make you seem like you're somebody's grandpa. And a pocket watch top hat also helps the ladies. Not the fendor, though. I think we're getting a little off track here, Cam. I'm just messing
with you. I know I won't get a girl to like me, so I'm going for the money to attract. All right. I mean, I like to think that, you know, no matter what the guy is, there's a girl out there who who fits the bill. But, you know, to each their own. >> Oh, yeah. I need the monle. Yeah, the monle now actually sounds pretty cool, but I'm still pretty sure it'll make you seem a lot more like somebody's grandpa than uh somebody they want to date. But, but the money helps. The money does help. All right, guys. Uh, just hopping over on Chainers. Just doing the usual growing some vegetables here. If you're new to the stream and you don't know what Chainers is, well, there's a link to it in the description. And we're just farming. And
there's a lot of different protocols that claim to have farms. Most of them you're just lending, right, to the protocol or whatever. And exchange you you provide liquidity and they give you some yield. That's pretty much the handshake that goes on there. And this is really no different, but it's been gamified, which I love. If you're new to this stream and you don't know that we love crypto, DeFi gaming, right? So, what does that mean? DeFi, but also gaming. And so, if there's no web 3, if there's no access to crypto, if there's no ability to earn in any way in in some capacity that's actually on blockchain, well, then it's just gaming and it's not DeFi gaming. I love DeFi gaming. And so I'm always kind of chilling out on the cutting edge of it and trying to
find all that we can. And a big part of that is the fact that um I was there for the the DeFi summer, right? The DeFi gaming summer. And man was it a lot of fun. There were games over on B&B, invested like 150 bucks, and I was making like $150, $200. Some days I even made $250 every day. The only problem was it didn't last very long, right? And I was lucky. I took my gains and I swapped them over into USDT on almost a daily basis because I knew that it probably wasn't going to last very long. All right. Uh said Campa says, "I was a gym rat. It didn't help cuz I got ugly face." All right. I'm not going to judge nobody's face, right? I got to see the face now. I love ugly faces.
So unique. Yo, y'all are tripping. I love this. It's like a snowflake. Everyone is different and beautiful in their own hideous way. I get zero matches on Tinder after six years. Wow. There's a lot we could go into that. But this would turn into like a motivational uh like what do you call that? Like I'd be like a a personal coach in there. I'd be be helping you uh have the most attractive personality, right? I think I'd be good at that job. gave me half a dollar or CFB, not a real dollar. So, we're just collecting some rewards and we're chilling in the underground hangout part of the show. We're kind of moving along now. We are still working on our Robin Hood airdrops. We've added uh you know, hunting down some airrops into what we do here. And
I feel like a lot of people hear airdrops and they're like, "Cool, where can I get a airdrop?" and they're like thinking they're gonna like click some buttons and keep up with it for like a month and then they're going to get an airdrop. Uh somebody who's very knowledgeable about it has really been a great part of our community. Mr. NW is his is his name in the chat. And uh he's made me realize that you got to grind a lot of these things for like a year a year plus before you really get an airdrop. If you get into them late, you might get an airdrop, but you might not get as much of an airdrop as you're looking for. And so, we're still doing our Robin Hood airdrop. Now, Robin Hood is in test net. You should
know what Robin Hood is. It's an application, right? And so, it's an application and they're making their own Okay, hasn't I have 11 minutes before I can request from the faucet again. All right. And so, basically, they're making their own their own blockchain. And if you participate in it, usually airdrops are pretty much reserved for people who participate in a test net and they help them test the test net by making transactions, right? Before they go to a mainet and then they're basically compensating you for your time and effort. I think that's kind of the basic idea. So, we go to onchain GM and we're just kind of going through. Now, if you want to know more about this, there's a link to my Discord in the chat and there's a tab in the Discord about airdrops. It gives
you a really easy breakdown of what you got to do and um it's being updated in real time. Matter of fact, I got to make sure NW has access to that, right? This is why crypto is my only hope. They will love me for my money once I make it in crypto. There you go. Own the face. Didn't you watch Karate Kid Cobra Kai? I did. I have been of course Cobra Kai. I don't mind my own face. It's the girls who don't like my face. I didn't take high school yearbook photos cuz I didn't want to mess up the yearbook. Yo, y'all are snapping. Y'all are hilarious. All right, so we're doing we're just basically making transactions on the test net so that our our uh our wallet address looks active, right? And I guess the more active
it looks, the more it looks like it contributed. We're hoping the more that we're going to get out of that airdrop. And there was another website we were going to to do stuff. But again, go check out the Discord in the tab that's all about airdrops if you want to kind of know what to do. And there's a couple other airdrops in there as well. Where do we want to go from here? So, Fogo actually had an upgrade and entered into season two, which I thought was pretty cool. keeps updating like every like two hours. So, it's still updating in the process. They've changed how things look. I mean, now we have a tackle chest where we actually have, you know, bait for our fishing lines, your rod stats. Um, I guess you unlock the next thing at uh
level 10. I don't know where I'm supposed to buy bait. Anyways, this is our rod here. uh 53% more per cast if you uh upgrade. This is really interesting because I feel like I I feel like I got downgraded because I was already able to get rare fish and now it says I'm only able to get common and uncommon. Did I get No, I was already level four though. Extend session. The good old FOGO stuff where you can stay logged in. That is kind of the whole point here. Transaction failed. Check your balance and try again. Are you telling me I don't have 17 cents of USDC in here? Yeah, I most certainly do. I got 22 cents, right? Oh, wait. What is F? This is so weird. I got Fogo Farm. So, I think I just got air
dropped some Fogo Farm stuff. Remember, uh, we were on the the decks for fish and whatnot. I was trying to see how much all of it was worth and then we saw Fogo Farm and I was trying to find Fogo Farm. There's the actual um contract address. So, we have the actual contract address. I want to change what we got going on on Coin Gecko. All right. So, that's not helping. All right. So, that's interesting. I'm gonna have to find that on my own. It'd be very cool if they would just put a link to it. I like how they're trying to act like I don't have enough money for this transaction when I clearly have enough money for the transaction. They said that it takes 17 cents and I definitely have 17 cents. So, they they're in season
two. They definitely look like they've changed a few things. Um, I need to do like a bunch of casts before it actually goes. They didn't downgrade my level. I've been level four, so I didn't get downgraded here. But I will say um that they took away my ability to get rare fish. And now I hopefully I'm going to unlock it when I go to level five here. Yo, y'all y'all are hilarious just reading this chat. Oh yeah, we uh we're definitely never giving up our firearms here in America. Um America back. Yeah, people can feel about that. So funny because most of the world is is perfectly cool with America being America. It's very few people who are not. Uh Campa says, "I'm Canadian. We are low-key turning into China. We also gave up our firearms." Yeah, Canada is
messed up. I have Trudeau. There you go. Well, at least Camston knows that he should just join America. Like, Canada should just become America. Doesn't that just make perfect sense to everybody? All right. It says, "Bro, I've been waiting almost 1 hour to move USDC from BTCC to Coinbase. Is that normal?" No. But to be fair, what what asset are you trying to move? Let me read it again. Uh to move USDC off BTCC, the exchange to Coinbase. Uh, Cryptic Quinton, I have I have a couple of questions. My first question would be, why are you moving USDC when you could just turn it into XRP and then move it and it happens almost instantly and it's almost always free or very very cheap. You're going to pay a lot more fees in USDC. But that's not really the
problem that you're having here, right? The problem is it's taking forever. I've been processing forever. I'm trying to buy the dip. Okay. Um, it's definitely not normal. Does it say that they've moved it? Coinbase doesn't take Tether. It takes uh XRP, though. If you move in, I move all anytime I move money on exchanges. And I've done almost everything you can think of, right? As far as like your your normal like B&B, Ethereum, USDC, USDT, all that stuff, right? Um, yeah. XLM or XRP. I would highly recommend XRP. It's almost instant, but you got to remember there's a difference between the transaction going through on the network that it's supposed to go through on and then there's um waiting for the exchange, the centralized exchange to actually initiate your transaction, right? Just like we talked a lot about congestion
today, when those networks get congested, it can be a problem. Now, the other thing that I'm going to say is that if you sent USDC, um, you a lot of times have to pick what network you're sending that on. So, you got to make sure that that network actually matches the networks that are accepted on Coinbase because if you use one that's not accepted on Coinbase, you know, if you try to send I don't think they have USDC on Tron, but let's just use it as an example. Say you were trying to send USDC on the Tron network to Coinbase. I don't think it would ever show up because I don't think they accept that. You see what I'm trying to say? So, you definitely want to make sure you have the right networks that are going on there.
I'm using Salana network. Okay, you should be good with Salana. It might just be taking a long time. Um, yeah, should be quick. And I'm sure you've done stuff like that uh in the in the process. So, usually when you initiate a transaction on a centralized exchange, it gives you like an update of when the centralized exchange actually sends the transaction over. Is that what you're waiting on? Have they actually sent it? Because if they haven't actually sent it, um, then you might want to cancel it and then do it a different way. And I highly recommend using XRP instead of a stable coin like USDC or USDT. That's a very much your own like I wouldn't give you financial advice Cryptic Quinton but personally I would probably cancel the withdraw swap it into XRP and then send it
off. That's what I would do. Are you saving up to buy a WIO? I don't even know what that is. If you need crypto to moon I'm 100% in crypto. Yeah. Uh I I could say I'm pretty close to that. It doesn't say just under review. I'm going to cancel it. There you go. Well, I hope that that works out for you, man. I've talk about I've gone through all of the different things that you can think about when it comes to moving transactions and doing stuff on networks. I don't think there's much that I haven't experienced yet. Said, "If you put that you're nonviolent your description on Tinder, I can understand why you have no matches. Rough. It's good advice though. Don't put that in your uh bio. Cancel work perfectly. Thanks for the advice. I'll try using
XRP. All right. Well, I think that uh I think you will be very happy with XRP. As long as the actual exchange initiates the transaction quickly, it should be dang near instant. I'm glad that when you uh canceled it, they canceled it quickly because sometimes you'll cancel, it'll take just as long to cancel as it did that you were waiting for the transaction in the first place. All right, and we are foggo mining. I really don't mind this thing now that I upgrade started upgrading my uh rod so that I get a lot more fish at a time. Something I wish I would have known way sooner. Now I'm getting way more fish way quicker. What are we up to now? We're up to 85,000 plus I get 140,000. Very interesting. Oh, and they changed the processing fee. Yes.
Well, there you go. See, I have been saying they need to change that processing fee. Love that. It was $10. It was a processing fee. Then that was just absolutely ridiculous in my opinion. But now it's only a dollar. That's a lot better. Um, now I could actually be profitable. I like that. And I'm almost wondering if uh it's hard to sell because I get such a high yield for holding for such a long time. They take a 10% fee and that's what they give to the yield to everybody, right? And then now it's only a dollar instead of $10. I wonder if they were doing that in season one so that people wouldn't cash out in season one. Yeah, there you underground. You manifested it cheaper. Exactly. I've been saying is XRP going to 589? You mean per
coin? Like 589 going to 1 million soon? Talk about mooning. If BTC going to a million? Okay. Not XRP. I mean, if XRP goes to $589, I'mma be set. Uh, I needed to Didn't Samson Mo said we moon like Weeblin good? Vein good. You lost me with that last stuff. I don't know what you're talking about there. And I don't know who Samson Mo is either. Um, there's a lot of people on crypto YouTube and I don't watch a lot of I watch the lifer and that's it. Um, I like uh Crypto CryptoJed. Isn't that what he is? I like him. He's cool. He just seems really smart when he talks about crypto for sure. I can tell he knows what the heck he's talking about. But nobody's got the insider information who's talking on YouTube. I don't think
anybody on YouTube's got the insider information. Right. It's funny because this other game that we were playing is also a fishing game. And this fishing frenzy is pretty new. It actually looks pretty cool. We're going to have a good time tomorrow looking for new games and stuff. I believe Melissa had put some new games for me to look at in the uh Discord. Shout out to Melissa for always doing that. Very helpful. I don't have time to go running around looking for everything all the time. So, when people do stuff like that for me, just like when Melissa puts the Discord link in the chat so I can pin it, uh those little things are very helpful. blues guy clipping clipping things for me so that I can make those videos to raise people's crypto IQ and bring people
to the channel. All that stuff is amazing. Uh good a product that gets more demand as it gets more expensive. Opposite of regular stuff. Oh, I see what you're saying. Okay. Yeah, now that you mentioned I have heard that terminology before, but I don't think that's something that's uh commonly used here in America. It's a status symbol thing. Oh, that makes sense. It's funny. This one you got to do the fishing on your own, you know? You can't just auto fish. I'll do some DeFi fishing. I'm cool with that. What do you think our trade's doing right now? You think that uh espresso has gone up? Let's see. Let's check it out. No, it's probably gone down. That's how that normally goes. And we're still up 11 bucks, right? And we got our takerit or our stop loss, sorry,
at $2 like 38. So, I don't think we could lose on it, but that it's definitely not winning. I want to hold it long term, but if it goes lower, I'd just reby at a lower position. It probably be better in the long run. Then we have this loot survivor. And I definitely mess with this game hard. I'm going to save playing this for tomorrow because I feel like I feel like we're going to play that quite a bit tomorrow. Said it's chop, huh? Cam coming in with the lingo. Yeah, espresso looks pretty choppy. Underground, where are you posting towards there? Hold on. Wait, let me read that again. Are you postretirement or working towards there? Uh I'm definitely working towards there. You know, I'm not I'm not at the ability to retire yet. Let's put it that way.
And I I like I like working personally, but I I run my own businesses and stuff like that. Would I love to be so filthy rich that I never had to think about money ever again? Of course. Who wouldn't be? But I'd still probably be running businesses. I'd still probably be doing business in some way, you know, shape or fashion. I just own a lot more stuff, right? BTC making a flag. Which way is it going to go? Can you check, please? Uh, yeah, after this quick round of uh, Panzer Dogs, I will check on that for you. And again, if anybody ever wants to play with me, you could just say something. I know I start around, but just know that I don't sit around and wait for people to join because, well, we're doing a live stream,
right? People don't want to sit here and wait for me to wait. Wait for me to wait. Very eloquently said. Come on, let me shoot somebody. All right. Looks like I did get credit for first blood here. I want top dog. I want to be the top dog. O, I want that. Oh, he gonna take it. You better use it. Well, teammate who stole that from me. He's not even using it. He gonna get killed before he even gets to use it. What a waste. All right, guy. Come on. This is one of those rounds where I like I can't hit nobody. Wow. Let's call this a warm-up round. I feel like I'm doing terrible here. Got one. Got him. Come on, mister. Tons of uh of health. Got him. Good teamwork. Good hustle. Good hustle. So this game
is uh it's not play to earn, it's play to own. So you basically earn NFTts which are items and paint jobs and stuff. That is the sales pitch, right? Like that's what we've been told. Um I've had a lot of trouble actually linking a wallet. So without being able to really link a wallet, I can't like see my NFTts, which is a little bit annoying. But that's what I was told. I was told it was play to own. And you'll see like inventory. You could come in here and you can see all the different, you know, tank parts that we have. And the colors represent rarity, paint jobs, little spray cans, tracks, you know, the the top parts, the gun part, all those different things, right? And then you have emojis and all kinds of custom stuff that you
earn. Um, whenever you you get an in-game currency called scrap. And when you get to a thousand, then you can open in the shop a box, right? And you can actually get something. I don't have a thousand right now. All right. Where am I at here? Yeah, I'll definitely check it out. I'm gonna do it right now. It's only a flag on the one minute. Let's go check that out real quick for Cam. Shout out to anybody who's hanging out with me tonight, though. Thanks for being here. And it says I don't have Trading View up, so we'll fix that. Open Trading View real quick. have it on espresso. Looks like espresso coming back up on the one hour. Getting Oh, wow. All right. He wanted BTC. Let me not do my own thing. And he wanted BTC on
the one minute. Man, that 4 hour flag played out super well. Who is calling me? I I don't recognize this number. They're going to have to They're going to have to wait. All right, let's do a uh BTC one minute flag. Huh? I mean, I wouldn't say that you're not flagging out. Were one of you guys calling me? I don't I don't think you were. I think it might have been somebody else, right? All right. So, this is a very weird flag, but I mean, technically, this should be like your measured move. It has a really nice measured move up to uh 72, 221, but I would not ignore I wouldn't ignore this uh shoulder head and shoulder, but it I don't know. Almost feels like it should have played out already. And it's not the most beautiful thing.
kind of ugly actually. So that's what I got for you Camsta. I see the flag you're talking about and you're got a flag above the 200 interacting with the 21. So I mean this thing could go. I would definitely go look at some other time frames. Five's bottomed out. 15 minutes high. One hour is low. Got room. 4 hour is bottoming out but it hasn't done it yet. So I would say one minute resets then the five minute starts to you know trend up on the RSI and when that five minute's done maybe the 15 minute rolls over you're still under the 200 day moving average right on the 15 here for BTC but that 4hour flag did kind of play out exactly like we wanted it to right so I'd be looking to see if you could stay
above where's your lowest time frame? I'd say on the hour. So, I'd be making sure stop loss probably. Yeah, I mean it's actually really nice. Uh put that stop loss under the 1 hour 200 and let it rock. That's kind of my that would be my thought process there. And then I want to look at espresso here on the one hour. What's that? 15. I like it better on the 1 hour. It's look like it's flagging out, pushing up against that 200. It looks like it's going to do it. Almost very cup and handle vibe. Not exactly sure what kind of flag it's going to give us here, but if we pull our measured move, there we go. Back up to these liquidity regions up here. I could really see that happening. And again, I was basing it off
of this Adam and Eve double bottom. Lifer calls it a 90% shot. So, I'mma take it. I'm going to take that shot. I think it'd be foolish not to take that shot. Anyways, let's port this back over and check out this chat. See what's going on in this chat. Y'all are running the chat up. said, "Uh, Ben, love new episode. It's tonight." Who's watching? It's free on YouTube. Watching what though? Episode 11 sent out today. Episode tonight was episode 12. We are on time. Thank you, sir. Thank you, sir. I will get some of those running. I'm caught up till Monday. I'll probably do a bunch of them Sunday. Uh, wow. Sounds like a bust. Yeah, he says, "I spent two years doing airdrops, playing games, and only got like $3." Yeah, the the real airdrops are not necessarily
um the games, right? They're being involved in test nets is is more likely to make you money. Halfway to a bachelor degree. Two years. Yeah, right. There you go. All those YouTubers saying do this, airdrop, do that. I followed it all. I'm eating cotton candy now. It's no nutrition. XCN pump today. I opened a short. It's dropping live. Just made a quick two bucks. Could have been love. Oh, okay. Could have been love season 2. Yeah, I I don't watch TV, but um you know, I wouldn't even know where to start with that kind of stuff. Not my cup of tea. I don't even know what it's about. I mean, I could infer, but um I know Drewi can be pretty funny, but I don't really love his personality either. Says we're dropping. Yeah, we went. Good chance I
just get stopped out here. I feel like I was going to look at something for somebody. I'll do this airdrop. I followed it all. Yeah, airdrops are never promised, man. And I I I don't know what you were doing. Um NW who's on here, I mean, he's made quite a bit of money doing airdrops, but you have to you have to do them all the time, right? You got to do them every day. And uh sometimes you got to take a little bit of real money and like wash trade it around to uh build up a lot of volume. I think that's how you really get most of the money. All right, let's play another round of Panzer Dogs real quick. I want to open a box. Druski plays a character tries to be tough, but he's so full
of it. Oh, yeah, for sure. I just never really I haven't watched a ton of stuff that has anything to do with him. I just honestly don't really care about celebrities and stuff like that. But um the few things that I have seen with him in it. I I don't get it. I don't get why anybody cares about uh putting him on screen. I don't really understand it, but whatever. Sometimes he breaks character and can't help but crack up. Yeah. Yeah. I'm sure he's an actor. I mean, I'm sure that's like the vibe. He everything's an act on the world stage, you know. Dang, a two for one. Y'all shouldn't have. Oh, I want that first blood. Come on. I know nobody on my team can ever seem to kill anybody. So, as the third person on the other
team rolls in with zero damage done to him. I hope everybody's hanging in there. Yep. Got that first blood. It's been a week in crypto. There'll be another week in crypto and we'll just keep going. I'm not going anywhere. I'll be here for the good. I'll be here for the bad as far as the market going up and down. And we're just going to see what happens. Said, "I like comedians." Yeah, I definitely watch some comedy here and there. I I get a ton of like shorts and reals. They're like almost all comedy. He's more of a comedian than an actor. Okay. A lot of standup is cringe, but Kill Tony is awesome. Yay. Cryptic Quinton talking about Kill Tony. I don't I don't watch it a lot. My brother watches Kill every episode of Kill Tony. And I've
watched it with him. I'm not saying it's not funny. Um it is. Obviously, it's hit or miss cuz it's people like kind of trying out to see if people think they're funny, which would take a lot of nerves. So, I mean, shout out to anybody who does that. But my brother be never missing an episode of Kill Tony. Feel like I'm racking them up. Oh, got an after hours kill. 10 to zero. Yeah, we crushed. I feel like I did most of the work though. Uh yeah, I love gaming and have it in the background or when trading DeFi gaming like playing these type of games. If you're trading works out really well, right? You set your trade and you know if you don't go kind of do something else, all you're going to do is stare at the
trade. But like launching like a full-on game can be so immersive or so like timeconuming I'll forget that I'm in a trade, right? So I like these little games where I like I can pop over here can I can fish. I like to have three or four or five or six or 10 of them up at one time. That got carried away real quick. And then um and I love finding new ones. I like I actually genuinely like messing with this stuff. I like seeing new integration and ideas. Um, if I make a little bit of money from them, that's cool. But I treat it more like gaming than like like a real airdrop where you're really trying to make money. Speaking of air drops, let's There's Mattal. Let's do Madd. This is one we've been doing for a
minute because they promised us Well, I'm going to say there person who used to come in the chat would talk about it said they were talking about doing an airdrop. Maybe they will, maybe they won't. Doesn't really matter. Either way, I just do like one or two rounds. Most of the time lately, I've been forgetting about it. But NW really made me realize the air drops take longer than a couple of months. I did it for like two months and then I was like, "All right, I guess they're never going to do anything." And then just was like, "I'm out of here." But in all reality, I probably should do a little more due diligence and and mess with it for at least a year. Sometimes it's more funny when they do badly because they get roasted after in
their bit. Right. Yeah. Exactly. Exactly. Uh yeah, the interview. Anyways, bedtime for me. For me, boys. Have a good night. Later. Later, Camster. Thanks for always coming to the show. I appreciate you. Put a heavy multiplier on this so I don't actually have to play more than one round. Hopefully I don't get washed too early in the round because that would suck. And it's all about the upgrades, right? So, they said Mattal was going to have an airdrop. It was like like $4 for a a pass. And if you don't buy the pass, you don't earn any points. And if you don't earn any points, well, then you're not going to be considered for the airdrop. And why anybody would play this game for no reason, I have no idea. It looks fun at first, but after you play
it like five times, you're like, I hate this game. Um, yeah, I'll leave it at that. But I keep hoping for the airrop. NW made me realize that uh airdrops take a lot more time than I realized they took. I've never been big on farming airdrops. probably why because I probably tried to do stuff and then after like two three months I didn't get an airdrop and I was probably like none of this stuff is working and I don't want to waste my time. But yeah, apparently airdrops take way longer than you think they take. That's my takeaway. So I'mma mess with some different things. Plus it's different now that I live stream at least six days a week. Um because then I have a reason I have like a set time to make sure I do certain things
where like normally it would just be whenever I tried to do them and I'd be real consistent for some time and then really inconsistent other times. And today has been a lot of fun. I had to get a new washing machine. Had to find one a marketplace. Go get it. come back. My old Oh, man. I need I need some help. My old uh Well, this house was owned by my father before I inherited it. And so, they had I don't know if a lot of people know this on older houses, and I don't know what you consider older. I think this house was bid made like mid70s or something like that. But either way, the drain hose on the washer, the drain pipe is way too small. And modern day washers put out a lot more water. a
lot faster and so it had overflowed many times and of course there's freaking mold in the wall. Now the wall's only like I don't know 3 foot high or something like that. So it's not a big deal. But I had to cut the drywall out, remove all that nasty insulation, treat it from mold, you know, with proper stuff that really kills the mold. And yeah, it's just been a long day. Plus, I had to go take one of my other cars into the shop because stupid AC's been messed up since my wife got it into a fender bender. Just the joys of of being the head of household or the one who has to fix everything. Once you run a handyman company, it's very hard to tell your wife that like you don't know how to do something because
she never believes you. And the truth is there's not many things I don't know how to do when it comes to simple stuff around the house. When it comes to stuff around the house, what I think is simple, what other people think is simple is two totally different things. But, you know, once you have the handyman company and you do well, it's just like she's going to expect you to fix everything all the time. And uh it sucks. She's like, "Why should we spend money? You can fix it." I'm like, "Dang it. Maybe I don't want to fix everything all the time." But that's life. And I'm just hanging out with you, just talking. It's hard for me to look at the chat when I'm uh playing this game. I literally have to try to click pause without killing
myself. Mold is bad. Yes, mold is very bad. Although there are different types of mold, and I don't even know if it's mold. I don't know. It's just gross. And uh so I I treated it for mold regardless. I've done plenty of uh not not business-wise. I've done it for myself and stuff. Uh you know, mold remediation and stuff. You need a license to do that stuff commercially, at least here in America. I don't know how it is in Canada. Probably need, you know, in Canada, I'm assuming you got to like sacrifice your oldest child or something to even have a business or a firearm, especially a business that makes money. Yo, it's getting tense here. Never know if this game is getting intense or if I just have a lot of speed and I'm moving way too fast.
Whoa. Almost died. Almost died again. All right. and still hate this game. We use asbestos. Lol. Just kidding. Yeah. Well, that's something you got to run into. I remember one time I was doing a demo in a uh hundred 100 plus year old hotel in the third floor, which was really the attic, but and I work for a company. This is not for myself. I work for a company at the time. And the dust in there made me sick. So sick. I was sick for like two weeks. Of course, I worked like the whole time, but I was I was hella sick off of that. That was terrible. And with that, guys, I'm going to go ahead and close the stream down. I'm not going to sit around for hours and play games on here because that's what we're
going to do tomorrow. Although, we'll be doing our due diligence tomorrow. We're still going to work to raise your crypto IQ on a DeFi Friday. We're still going to uh go over what's trending and all of that, you know, all of that fun stuff. Let's look at our trade real quick. We're covering the tiniest bit. Um, I have it set so I can't lose any money, so I don't really care. I don't really trade like this anymore. Uh, I thought it would be fun to try to take this trade as it looked like uh maybe we're heating up a little bit for some altcoin action. Thought it'd be fun for the channel. I I don't really trade like this anymore. It's too slow. Money is way too slow. Um, so I'll probably get back to my normal trading here
pretty soon, but I'd like to get at least like three, four, five days of some bullishness, right? Anyways, shout out to all the community. Love y'all. I'll see you guys tomorrow. Let me get to the right tab here. And uh Melissa says, "Uh, holla, what's up at underground?" Not sure what you're referring to. Sorry. Oh, I'm late. Just got off work. Oh, Melissa just got off. Now you're going to make me feel bad. I was just getting off myself here. Um, yeah. But I got to go. I got some things I got to do, guys. So, I got to finish some work around the house and business and stuff, but I hope you guys enjoyed the stream. Can always go back and rewatch it. Thank you, Melissa, for always being here and being so committed. And uh I feel
like there's something I wanted to tell you guys and I now I can't remember what it is. So, with that, I'm going to hop off. Underground crypto out. Stay underground. Stay crypto. See you in the next one. DeFi gaming tomorrow.
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