This episode, broadcast on January 15, 2015, focuses heavily on the volatile state of the crypto market, particularly the declining price of Bitcoin, while covering various developments in altcoins and exchange platforms.
1) Main Topics Discussed
* Bitcoin Price Volatility: The episode repeatedly emphasizes the continuous drop in the price of Bitcoin.
* Medizi Launch: Patrick Burn announced his new distributed stock market, Medizi, which he claims will be a fully compliant national market capable of trading all assets.
* Exchange Status: BitStamp has reopened after downtime and is offering fee-free trading for the weekend to compensate users.
* Miami Conference Hype: Paycoin, an altcoin, is slated to be featured at the North American Bitcoin conference in Miami, Florida.
2) Key Quotes
* "The price of Bitcoin is down. The price of Bitcoin is down." (The recurring theme of the episode.)
* "Medizi will be a national market system, compliant and able to trade everything." (Highlighting the scope of the new platform.)
* "Paycoin, the altcoin with a $20 floor..." (A hyperbolic claim regarding the altcoin's value.)
3) People Mentioned
* Patrick Burn
* Jeff Garza
4) Bitcoin Price
* Winkdex reported a last price of $186, a high of $237, and a low of $185.