The Bitcoin Group, the American Original. For over the last 10 seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest cryptocurrency talk. We'd like to welcome our panelists. Ben, aka Bitcoin Socialist. Hello, how do you do? Dan Eave, the crypto raptor. Geek, geek, geek, geek, geek. Theo Goodman from Proof of Work Media. Good evening, everyone. And I'm Thomas Hunt from the World Crypto Network, moving on to issue one. Issue one, Mark Carpellis. Once dubbed the Baron of Bitcoin, the CEO of the now defunct Mt. Gox is back in the news again this week as he was found guilty in a Japanese court of records tampering and was given a suspended prison sentence. The sentence which will allow Carpellis to walk free with time served essentially clears Carpellis of responsibility for the missing coins. More than 850,000 Bitcoins went missing after the Mt. Gox collapse, with only 60,000 remaining to be distributed by the bankruptcy courts. These coins have still not been distributed. Ben, is this the proper punishment for Carpellis and is this the end of the Mt. Gox saga? Once and for all. Well, I mean, yeah, it's not the end of the saga because obviously there's all those coins which, you know, the users of Mt. Gox still need to get hold of and then probably flood the market with or flood the market with some of them. But Carpellis himself, I was kind of like, thought of the guys a bit of an invasile. I mean, he bought the website and then for whatever reason he kept the domain name so maybe he wasn't, didn't even have the way with all to buy a new domain name which was more fitting than, you know, a magic gathering or Mt. Gox. So I think from pretty much from when he first got his hands on that exchange to the exchange closing and the buying for bankruptcy, it was just a disaster after a disaster but because Bitcoin was doing so well, he was able to kind of hide that. I can't remember exactly what the story was but I remember there being something with some coins going missing which he wasn't aware of before and then he was kind of like, banking on Bitcoin going up in price so much that he'd be able to kind of cover his track. So I, because I kind of think of him as being an invasile and an idiot who shouldn't have been in that position, it wasn't kind of like malicious, pre-meditated. It was a very young dude who didn't know what he was doing and he was just kind of trying to fake it until he made it and then he just really messed up ruined a whole load of people's lives. And for him, this guy's career for the past five years, he was what he's like 33 now. So when he started, when he started in 2011, so he was like in his mid-twenties. So for the majority of his adult life, he's been involved in Mt. Gox and just being going for one mess to another and the large portion of it, his him just being interrogated and that of course, and I know the Japanese judicial system is pretty hardcore. I think they have like in the article, it says they've got a 99% conviction rate. So it's probably not one of the nicest places to be. So yeah, like it sucks that maybe he should have got some gel time, but on the other hand, here's an idiot like, as long as he doesn't go along and admit the same mistake again and build another exchange or bring Mt. Gox back, which I think was sort of in the pipeline at one point, whatever, you know. But yeah, I just think I think he's a fool, like due to fool. Yeah, I think the exchanges now, I don't know what I know, is as much for mess as they were back then. They're still not ideal, but they're not as bad as they were back then. So yeah, so I don't think it's particularly bad that he didn't get any gel time. He's got to suspend his senses. He says, had a real ordeal. He's a young dude, hopefully he'll learn from all his lessons, move on, and do something good with his life for the rest of it. So we were definitely suspecting a longer sentence from the Japanese courts, but we didn't get it. He always seemed like a lucky idiot to me. And then after the money was stolen, maybe he's just lucky. Who knows what happened? Dan Eve, crypto rafter. Hey, hey, yeah, well, I think I watched a documentary on YouTube actually the other day, about about MC Gox and Coppelas. And as Ben's kind of saying, it seems like he kind of got in over his head. Obviously, it's terrible what's happened, but it didn't seem like he was literally tampered records. He probably did that just out of panicked and the chaos that was ensuing and didn't really know where to turn. So he should have come clean then and tried to sort things out, but he didn't be carried on. And unfortunately, a lot of people lost a lot of money. But it didn't seem it was out of proper malice or anything. It seemed a bit more like a bumbling idiot kind of in over his head. And unfortunately, he end up screwing things up for a lot of people. I think the idea, I thought it was quite funny when they said that MC Gox is going to start up again. I think that in a way, it would be kind of a cool story for crypto. If the exchange came back online and did good in the world and you actually became a good exchange. It was an absolute idea. I think that's kind of a good, that would be a success story for Bitcoin. But whether anyone would have any trust in it, I don't know. Never too late to try it again. Yo, good. So, yeah, well, he's already served time and I think his reputation is pretty much ruined. Everyone knows who he is. And even people might even know who his cat is at this point. So, I think that that's punishment enough. I just want to point out that Bitcoin is now forever linked to collectibles and cards because MC Gox is magic, the gathering exchange. So, that's pre-Rarepepe, pre-Spaels of Genesis, pre-Bitcorns. And it's the gift that keeps on giving. We cannot get rid of MC Gox. And it's kind of... So, I'm glad that I think he can probably... What I don't know what party has currently in the redistribution of whatever funds are left. But I look at it as, okay, if he's out of jail, he could probably get more done. If there's anything for him directly to do to just get this thing along the line. And, you know, I mean, what's a worst punishment than having your name known across the world is the guy that really messed up. So, that there's that. And if it were to come back, then yeah, it should just come back as MC Pepe and have trading cards like the original version of MC Gox. That's how they could make themself good. That would be great. We are seeing that Carpellis did get a new job at private internet access. It's also employing Rick Falkvenge from the Pirate Party, run by Andrew Lee, interesting character, interesting VPN service. My friend Jackson was very upset when they hired Falkvenge and Carpellis. He said he was ditching the service. I haven't ditched it yet. It still seems okay. But we'll have to see how that goes. He used to work with Andrew Lee beforehand. Probably why he gave him the job trying to help out a friend. So, you can't look down on that. Exit question, when will the remaining Mt. Gox coins be distributed? Six months, one to two years, or never? Mr. Ben. God, I'm mute yourself. It's a trick. Myself, sorry. Yeah, no, I think pretty soon, you know, six months. But it's what people then do with those coins. Will they sell them? Or, I mean, because a lot of them, obviously, they've kind of gone in value, but they're not getting the amount, which they probably put into MC Gox. But so, are the creditors, are the users of Mt. Gox? They're going to get some of those bitcoins. So, are they going to hold them? Or are they going to sell them? That's the question. I believe a lot of them, because they've probably, they've been involved in Bitcoin for a long time, and they get Bitcoin. They'll probably just hold them. So, I won't worry about any more market flooding, like we have with the 60,000 coins, or whatever it was, Ben. Last year. Dan Eve, when will they be distributed? And bonus question, will they hold them? Well, I don't know how many years left, by the way, just out your honesty. How many years left to be distributed? None have been distributed so far. So far, they're being blocked by a lawsuit. I forget the gentleman's name, but they had a previous deal without Gox, and they're saying that they should be paid back first. Okay, so, well, I mean, if they're going to be paid back first, then maybe they're not going to be here in the market for, you know, six months to a year. But whether, however many it is, if the Bitcoin sort of 24-hour volumes, what, 9 billion at the moment, and assuming that kind of slowly increases, maybe it won't impact the markets that much, because the trading volume will be so high. So, hopefully that will just get absorbed. Theo Goodman. Never. They'll just be used to move around and create rumors so that people can dump on other people and manipulate the market. Theo, once again, is right. The answer is never, and that's also when the Mt. Gox saga will be over, never, it will never, ever, and we'd also like to welcome Max Hillabrand. Max, are you with us? All right, we'll see if Max is getting set up. Yes. There he is. Hey, Max, we're going to introduce you on the next topic, but we just want to say hello. How are you there? All right. No camera today, but we've got Max. Moving on, issue two, Bitcoin futures on hold. The CBOE has put their Bitcoin futures on hold, saying that they will not offer a new futures contract and will let their current contracts expire in March. The CBOE is currently assessing its approach to digital assets. They also reported disappointing low volume trading as a possible reason for their decision. The CBOE's withdrawal all from the market leaves only rivals futures exchange CME in the market with competitors backed and Eric's X launching soon. Dan Eve is the Bitcoin market better off without CBOE. Well, kind of when the futures markets came in, it kind of reacted the same way. There was a chart floating around at the time, which was a comparison of, I think it was the Uranium chart. When the futures came in, it did exactly what Bitcoin did and just totally wrecked it. But I think that was just maybe also a combination of timing as well, because obviously the Bitcoin cap happened right by the big pump. So, yeah, I don't know. To be honest, I think it's, does it reduce, does it reduce shorting pressure? Because there's one less market that's shorting. It's going to sound a bit naive on it. You know, a few people are saying that they're just getting crushed by CME, anything John Tadaro. So maybe it's obviously just not proven that popular. I do think it was an example of bad timing. Everyone thought the price would go up when the futures markets entered and instead the price went down. But then again, some traders made money off of that and some didn't. Max Hillabrand, what are your thoughts on CBOE? Yeah, futures are nice. They are a great financial tool and really help entrepreneurs in allocating the resources. They have been around for a long, long time and in all different types of fields. Anytime where we have commodity monies, real tokens or like real, let's say real monies, like sound monies, not paper monies, we can have these futures in order to hedge for volatility. For example, miners or other entrepreneurs who get their income in Bitcoin, they can use futures in order to hedge for a volatile purchasing power. That is very much needed. We are not going to get a price purchasing power stability with Bitcoin anytime soon because we don't really need it. It's not a good justification to try to solve this problem on a macro level. But small entrepreneurs can solve it on a micro level. So if you want to hedge against the currency volatility of the price volatility, then you can use futures in order to hedge your positions without necessarily selling your Bitcoin. So if they are really denominated in Bitcoin and done in the right way, then yeah, futures can be great. However, there are of course many risks associated as well. And we need to make sure that they are implemented properly and that there is no fractional reserve going on or no other wrong incentives. And that is a implementation question. And let's see exactly. I'm not sure how well they are implemented, but the CBOE is usually a good exchange. Sure. Now you tell me I can hedge. Theo Goodman. Theo. It's my turn. Sorry. Okay. So yeah, let's see what they say. I don't know. Maybe there just was not enough volume on their contract. But I'd like to point out that they were cash settled futures. So cash settled futures, settles in, they settled in US dollar. So you'd say, okay, the future was price A, and then I shorted it and it was lower than I would get the difference per future. Whereas Coinflex, which is part of Coinfloor, is going to make physically physical delivered futures where it's only settled in Bitcoin. And I think that's really interesting. And it will be good that the market has not only cash-based futures, which is the same like BitMax, Derbit, OkayC, all the others are cash-based settled and not physically settled. And I think it will be good for the market to have also the physically settled to just to be healthy and have another product out there. Because then you have to really commit to having Bitcoin. That's what you really want. You're not just trading. So it's, I mean, you're trading, but it's a little bit different. I can't explain in a short form. But just imagine it's settled in a totally different way. And I think that's going to be good when that is out and ready for everyone to use. And the newcomers backed and Eris X are also going to be physically settled. So that will have a change. Also, for all we know, this is a good thing. And the CBOE is just going back to the drawing board. They're going to have new advertisements. They're going to reach different markets. They're going to target different consumers. If they were dissatisfied with the volume, maybe they need a better plan to get that volume. And it just doesn't have anything to do with Bitcoin. But that's optimism. Exit question. When the CBOE launched their future, oh wait, we haven't gone to Ben. Ben, that's kind of Ben. There we go. Sorry, it's added people. Go ahead, Ben, I'm you yourself. Yeah, so you know, you should tell them here. No, I mean, I kind of saw it as quite a bullish statement. They said that they were disappointed with the volume. So the CBOE assumed that there was going to be a lot of people trading futures. So they thought the markets were ready for it, but all those stuffy rich dudes were ready for it. I don't know, like, I know a few rich dudes and like, they've got a lot of well-scored portfolios into lots of different assets. And it can't be anywhere near Bitcoin. I even one of them was even sort of advising me in the last bull market. And I was pleading with them, please spice them Bitcoin right at the bottom. We just go surfing together and he just wouldn't get involved with Bitcoin. So I think it's a good thing. Like, they've tried to launch this product. It hasn't sold well, which they're disappointed about. And they assumed that the market was ready and the market wasn't ready. The CME have had more volume, but the volume of the CME futures is still like, pitiful in comparison to other futures contracts. I know also that the CME contracts were big. I think they have a five-bit coins and the CBOE for one-bit coins. So that might have some bearing on it. And also, I think the CME were offering some sort of discount on fees or something up until last month. So that might have helped elbow the CBOE out of the market. But I don't think it's a bad thing. I think it's just the market condition has not been ready yet, as Mark said. Futures are a very valuable tool for the miners and so on. But it means that these people who offer these contracts like the CBOE and CME, they see volume in Bitcoin. They think Bitcoin can provide this sort of package, which people can exchange. So the fact that it hasn't kind of worked out this round or through this bear market, that's really not here and all that, they did say that they're going to kind of reevaluate and then find different approaches to Bitcoin. So they're still interested in Bitcoin. So I don't see it as a bearish thing or a negative thing at all. It's a fairly positive thing. At least in the US, the richer only interested in cheating their way into colleges. They don't have time to mess with Bitcoin in futures yet. Moving on to the exit question. When the CBOE launched their futures, the price of Bitcoin was at an all time high. Now that they're gone, will the price of Bitcoin go up or down? Dan Eve. Tonight maybe we'll go or reduce the downward pressure from people showing that that's what one way. Either way, I hope it's positive for Bitcoin, of course. We always hope Max, Hilla brand. It will go down and then it will go back up again and it will go down and up a little bit more and then a lot. But it doesn't really matter. Purchasing power is not interesting. Money supply is and that is very stable and I can predict that. I can verify that. That's much more interesting. So yeah, price, it's going to be crazy. Buckle up. It is amazing to have a currency where the supply is stable and we can actually prove what the supply is. Fio Goodman. Down. And Ben. I don't use this. That doubt. Yeah, don't. Oh, the answer is up. We're going up, up, up, always up. Did you know the world crypto network has its own audio podcast and you can listen to us on iTunes and other platforms. Check us out on Player FM or something else. Google search, world crypto network, audio podcast. We've got podcasts. Check them out. Thanks. Moving on to issue three, crypto, the movie. A new movie called crypto, features Kurt Russell as a rugged farmer taking on the Russian mafia. But this time the fight is not about money or human trafficking, but Bitcoin. No phone, no email, just $10 million in cryptocurrencies. The film is a fast paced action thriller. Max Hillbrand, will this movie help spread the word about Bitcoin and as the slate article foolishly asks, will it provide an accurate portrayal of the underground world digital money laundering? Well, I think James and Lop here put it quite well. Wait a minute, squint. This isn't a pro crypto movie. It's an anti privacy movie with a anti money laundering officer as the protagonist. So I don't know. I haven't seen the movie. I've only seen the trailer. But from from what it shows there, I don't think it's too much of a movie that really conveys why Bitcoin is important. It just seems to be another of these like cop movies that kind of evangelize these psychos and I don't know. I would much more prefer a video that really or movie that really educates about why Bitcoin is so interesting and so important. And maybe shows also how to apply it. So probably they could have done a better job, but I haven't seen it. I don't know. It looks pretty mainstream and that's most of the time quite boring. Yeah, I don't have any hopes for education unlike the slate people, but it still could be a fun movie and it looks fun. I disagree with the professor who thinks that everyone already knows about Bitcoin and we should just stop talking about it. A lot of people don't know. Seeing it in a movie makes it much more real. It's something worth fighting for, something worth fighting over, something that has value. And if you haven't heard about yet, maybe you'll go home after the movie and Google it. I don't know that the movie will even be a big hit or anything, but I think any mention of crypto in the mainstream is good. Theo Goodman, your thoughts on crypto, the movie. I think I'll probably go see it. Why not crypto the movie? Okay, so education is boring. It doesn't sell tickets to a movie. That's why there's no education. Okay, and this is a really good entry level drug crypto to movie. It doesn't matter that it's inaccurate. It's a movie. It's Hollywood. Everyone knows that it's inaccurate. You know, people are going to get interested in crypto if it's a cool movie. It doesn't matter if there's stuff blowing up and dark markets and you know, people get into people. We have already had the sound money wave. We had the gold bug wave. We had the, probably had a lot of still potential for the speculator trader kind of wave. And VC that can always grow still, but we had a wave of that. We haven't really had, I don't think we've totally had all of the, you know, dark market or it's cool and underground and it's like collectible. I think there's still a lot of potential in the public. You know, people have heard of it, but they're still not sure. And some people are just that slow that they need to have, there needs to be a mainstream movie out there for it to be legit enough for them to actually look into. And that's just how it is. And I think that I can't, I mean, most Hollywood movies are not factually accurate about what they portray anyway. It's just part of the entertainment factors. That means that we're cool because now Bitcoin's cool enough to be in a cool movie about, you know, blowing cars up and crazy action and things like that. So I think it's, the movie might be good or bad, but I think it's, it's not negative in general to have this movie. And keeping your criminal documents and nicely organized folders that say kickback yes, it's going to be excellent. Ben, your thoughts on crypto of the movie. Well, I heard the Kurt Russell that he gets kidnapped and then he just gets put in a room with Andreas for an hour and a half. And then I'm just watching as Andreas talk to him and educate him on Bitcoin. So I'm quite looking forward to it. But if it's not that, which hopefully it will be, I mean, Hollywood to me is just a big propaganda machine. And if they've got this film called crypto crypto, and it's all about, you know, gangsters and violence and all these negative things, then, you know, that's that's just CIO FBI encouraging them making that film and putting it in crypto in a negative light. But that has no bearing on Bitcoin. And that, but you know, as a theorist, it's cool. Like I remember a couple of years ago, if Bitcoin was mentioned in the TV show, we'd all jump for joy. So the very fact that there's a whole film, core crap, those, yeah, it's cool. And then hopefully it will be, it will be what I predict. And Andreas will turn up and do a cameo in that forest. That would be fantastic. The tone shifts, everything goes down. It's suddenly in a nicely lit room. And Andreas just reads to him for an hour. And they're like, it's just the trade is just to drag out people into the audience. And the guy that's like, chain to the Terry's like, this is supposed to be torture. And then Andreas is like, just wait 45 minutes. Dan, if you're a thought on crypto, the movie. Well, I think it's, you know, it is called the crypto, the Bitcoin's been featured. And I know it's in the trailer that it says, you know, BTC ticker within a sort of a few seconds. But we, I don't think we all know it's going to be done in a really kind of cliche way. It's about anti, anti money laundering as well. So, you know, that I wouldn't be surprised if they fit a 10k theory and give away sort of in there. But I think that what was quite good, I mean, it's been in big bang theory was another place that they did a kind of Bitcoin episode, which was actually quite quite funny. But what would be cool, I think, maybe in a spiderwean, maybe some of you do a tally coin to create a more a positive film. And maybe like a documentary type film about, about like a corporate cops thing and storming into these banks and fucking n' arresting some people for the 2008 crisis. Something like that would be pretty funky. But I don't know, I think I'll definitely, I'll definitely watch it. But it would be better if it was like a, on a crypto superhero movie with Roger Verne saving babies and Calvin air saving young, young dancing maidens. Oh, knock on there. But yeah, it would be better if it had more stuff about Bitcoin in it if it was better. Like Theo said, it's going to be CD, criminal and underground, just like the internet. So, yes, this is more like negative mentions, but positive advertising for a currency that has no advertising. Dan had a good point on the big bang theory. I think that leads well into the exit question. What was your favorite film TV pop culture mention of Bitcoin, Max Hillibrand? Good question. I'm still very much fading for Rick and Morty. I think that would be outstanding. But I don't know. I don't know what the best of winners are. Let's go to Theo. What's the best pop culture Bitcoin reference? I think it was on the blacklist and he was threatening some guy and he said, okay, how are you going to pay me? And it's not trace. And he goes, I'm going to use, I'm going to go on tour and I'm going to use a mixer. And then I'm going to use a ripple gateway. And then I'm going to go back into Litecoin or something random like that. But it actually sounded reasonable how he was describing it. I mean, it sounded a lot more reasonable. And so I just wanted to say, what they should do or if someone is really into making a movie, you should just make a movie. This is what they should have done to make the movie popular. Check this out. Crypto Connect. So it's like a takeoff on BitConnect and the whole movie has an affiliate program for tickets. The only way that you can get tickets is through the affiliate program. And it's like a pyramid scheme. And if you're at the top, you have like a hundred tickets. And I don't know, just that would work somehow. And it's called Crypto Connect. And they just make fun of BitConnect. And they could have the Russian mob thing in it too. But the whole thing is like related to an affiliate program. That would be really funny, I think. That would be good. I'd like to see it. And they could really get hands-on knowledge of what Bitcoins like as well as the idea that you have to buy hundreds of tickets in advance for a movie that you haven't even seen yet, just like you're buying hundreds of tokens in advance for a app that you haven't used. Net or yeah, fix supply of tickets to the movie. Now you want to be able to print more ticket inflation. You can have more tickets. And also to follow up on Ben's point about a dance point, about a cool Bitcoin documentary, I'd like to see the guy that did Vice and the Big Short do it. He's been really good with these kind of movies explaining large economic events. Plus throwing in jokes like Vice has several false endings that are amazing. The Big Short had of course the beautiful woman that explained inflation to you, stuff like this. I was pretty amazing. Let's go to Ben. What's your favorite Bitcoin pop culture reference? Well, I mean, there was that show at the start, which was the first series. It started pretty good. I enjoyed that. But then it kind of got all goofy and they clearly didn't know what what Bitcoin was or, you know, crypto coins or whatever. My favorite mention though was in Silicon Valley where Guildfoil says, you want to know about Bitcoin, I've got a presentation. And I've done that exact thing to people before when they've asked, they've uncorked the, tell me about Bitcoin and I'm like, yeah, I've got a presentation. Give me a second. So no, Silicon Valley is probably my favorite mention. And I did a nice. Yeah, which is pretty cool. That was a great one. It took him a long time. They were seemingly late to the party. I wanted them there much sooner. But, yes, Guildfoil. And then he had that growl, that punk rock music sound every time he got it going. So I'm kind of, it was driving them nuts. But yeah, I like that one a lot too. Dan, Eve, your favorite pop culture reference in Bitcoin? I reckon, I reckon it has to be that by BTC guy in the Fed. That was just absolutely epic for me. That's just, yeah, it's such an incredible sort of little story, you know, that and they'd thank me for everyone donated to him afterwards and stuff. So, yeah, I really like that. I think it's really cool. Plus, I like it, it propping up as a meme, you know, it gets put in behind people every now and then, I think that's pretty cool. So, I'll go for the buy Bitcoin guy, buy BTC guy. It was impressive that he was right behind Janet. Yellen too. Good, good, good sign. Nice work, kid. My favorite would be Mr. Robot, especially the very first mention. So, spoiler, society kind of collapses and he's walking around the square. And there's a guy with a food truck and he has a bowl horn and he's selling Bitcoin. And that's exactly what I thought would happen if society, if they had a money problem, you could move into Bitcoin, you could buy it at your local corner store or maybe at a food truck. And then, of course, they escalated the references there with the evil corporation even making E-coin at one point. So, there's a lot of Bitcoin references there. It's pretty amazing, like Theo said, whenever a TV show would mention it and even the smallest way we'd get crazy excited. And now, we have an entire movie about crypto. So, I don't think there's any way this can be bad. People already know not to get their technical knowledge from movies. I don't think anyone's still quoting ID4 or anything like that as real science, but it's a movie. Slate, it's a movie. Moving on to issue four, Bitcoin bullish. Funds strat global advisor strategist and well-known Bitcoin bull, Tom Lee, is still predicting good times ahead for the fledgling cryptocurrency. Calling 2019 a year about repair and adding that Bitcoin's technical indicators are stabilizing with banks, Facebook, Fidelity, and more, all suddenly finding Bitcoin useful. Theo Goodman, I ask you, is 2019 going to be a bullish year for Bitcoin? No, 2019 is not going to be a bullish year for Bitcoin. I think, come on, we just had the craziest, you know, 2017, even 2016, 2017, that was crazy. You're not going to get the markets don't go, you know, straight up and straight down. We need to have a nuclear winter. This is the nuclear winter. You have to be able to survive. Crypto is a game of survival. That is what you have to think about long-term survival. It sounds like the trailer for the new crypto movie survival. You must make it. Ben, your thoughts on Bitcoin and being bullish. Well, I mean, that does a Bitcoin bull, so he's going to say, Bully stuff, isn't he? But I kind of agree with Theo that, you know, I think that we haven't been bled out enough. You know, we need to be really thoroughly miserable before it's going to start going back up. But there is this perfect storm of good news kind of brewing with some of the Jack Dorsey stuff and the Facebook things pretty cool. And we've got this new film crypto. So there's a lot of sort of mentioning a Bitcoin in quite important people. So that could kind of like all form together to give the markets some momentum. And you know, you look at the fractal and we should go down a bit further. Always, you know, Theo said it's a long-term game. It's a game of survival. So, you know, don't play anything short. Just just wait three, four, five years, put a pick a position and then keep that for three, four, five years or just don't get involved. But no, if you're willing to do that, then I think Bitcoin is going to go up. But I think there is, I think it's 50-50, either it's going to, either it's going to carry on going down and maybe it's like, you know, one and a half thousand dollars or something. Or all this good news going to come together is going to give it some up left and then and then we're going to have another bull run. It's all going to happen quite suddenly. So yeah, just just just just hold on and look, look, look, look, look at the fractals, look at all the previous fractal patterns and then blow it up and then look where we are now and decide whether you want to stain the market or not. Well, I've been delightfully miserable. But the new Mad Tour is starting again. The price has historically risen whenever Mad Bitcoin's travels. Dan, you're a thought on Bitcoin being bullish. Well, you know, I think that I'd love Bitcoin to have a little bullish year for 2019. But I also think that being a bit sideways is actually a good thing. It needs to be a bit longer for the people that got got got bird who actually want to dip their toes into the water. And then it needs to be some fresh meat to really drive the rally. But you know, there's still it was the the the the lucid investments in the in their high-po way theory that says that, you know, Bitcoin can go down to 1800 bucks and potentially lower. So there's, you know, there's still I think this a bit of a mixed bag of bullishness and bearishness. So, you know, I kind of I definitely wanted to pump, but I, you know, I'm not too sure. But in terms of like the infrastructure that's being put in place, I mean, it's, you know, it's been a crazy, crazy, busy year for Bitcoin. And, you know, the things like, you know, lightning's what 37, nearly 4,000 nodes, 37,000 channels, nearly 1,000 Bitcoin on there. So, you know, this is infrastructure that's that's going to be helping Bitcoin and help it really start to reach the masses once it can be considered, you know, for fast payments as well, get over that kind of hurdle so that people can sort of critique that part. So there's a lot of positive things going on in the background. And yeah, Bitcoin would be be great if it pumps, but also I think a bit of sideways action and kind of consolidation might help it. But the volumes are up, I mean, you know, volume 24 hour volumes, just over 9 billion, which is actually, you know, it's been picking up since since over the last sort of, well, since actually the beginning of the year. And, you know, it was about 5, 5,000, billion for between, we have 5,000, 5,500 billion and it's now sort of roughly 10, 10, 9 billion the last sort of at least weeks. So I reckon, yeah, I reckon it could be, you know, gearing up for a bit of a launch pan for the harvining. Well, the hyperwainers promised me a thousand, but now they're saying 1500. Maybe they need to double check those charts. Maybe they don't say what they think they say. Max Hillbrand is Bitcoin bullish. Well, the price is going to be crazy. That's for sure. And the tech is going to be bullish as hell. Both on chain and off chain, we're going to have so many improvements to the technology and so many more use cases will be developed out of that. And I mean, the main thing will be a snore signatures on the main chain. And that is coming in just two weeks. And implementations are already being written. So it really is taking shape. And snore signatures are going to bring a lot, a lot of privacy and scalability to Bitcoin with like crazy schemes like taproot or graphroot and can make coin joint transactions and stuff much more efficient. So that is going to be a great change. And then together with that, a sick hash no input for more advanced lightning network features and many more efficiencies are to be gained with something like L2 as a new update mechanism. And then with lightning network in general, like rendezvous routing, atomic multi-path payments, all the crazy stuff that is currently being developed and just around the corner, it's going to be crazy on how efficient we can get this tool and how much better we can make it with such upgrades. And it's still reckless as hell. So bullish, absolutely, and not under price, but on the usability of this awesome tool. All right, moving on to the exit question. The price of Bitcoin this time next week, higher or lower? Theo Goodman. Lower. Ben. Ben. At lower. Dan Eve. Where? Biggest day. Max Hillbrand. Exactly the same as it is right now. Oh, of course. The worst of all possible predictions. The price is going higher because it always goes higher. Also last week I told you about stellar. It was at seven cents. It went to 11 cents. How do you like that? Free money. Moving on to predictions or a story of the week. Ben, are you ready with a prediction or a story of the week? Yeah, I mean, so I just thought about this just now actually. It's the lightning mainnet birthday today. So lightning went live on the mainnet a year ago today from the 15th of March. That's pretty cool. And it's what Max was saying, the technology wise, you know, it's Bitcoin's fantastic. It's very bullish. So you know, technology leads and then price eventually follows. So, but no, I mean, we had, so obviously I mean, Wales. And then we had BitTinigog. He took the lightning torch for Wales, which was pretty cool. So that was good. I think that was that may have been last week though. So I might be cheating there. But no, no, that's pretty much it really. Nothing else really going on. Oh, I have been working on some cool new tutorials, which I'll be bringing out in a couple of days. One of them's on mesh networks. And that's really exciting. So I'm looking forward to exploring that. And then some of the, yeah, some of the implications of the mesh network have been working on a pretty cool. So, so hopefully some will be able to take what I've done because, you know, I'm an idiot. And then and then evolving to something more worthwhile. And so hopefully, yeah, so the prediction is I'm going to be releasing that tutorial. And and and hopefully people find useful. Very cool. You can check out those tutorials right here on the world crypto networks. Subscribe down below. I would say what was I going to say? Oh, happy birthday to the lightning network. You're already, oh, you don't even look a year old. Dan Eve, a prediction or a story of the week. They grow up so fast, don't they? Okay, so a few predictions. I'm going to, I'm going to rock a few things here. So I predict that Brexit will still be a mess. I predict there'll be another stupid article about Bitcoin mining and possibly this time about how it's warming the entire solar system. And also it's impacting on the cosmic microwave background. And also I predict, because I'm a, if you don't know, really I'm working on a platform called Trippie Atels, which is accepting crypto for, for 1.6 million hotels. And we've actually been testing it at the moment. So we've, we've booked hotels with Bitcoin, with Lightning, with Ethereum, with there was a decrypt one yesterday, but then the, the, there was an issue with that one. But we are lining out all these tiny issues. And so my prediction is that people will go live hopefully before the next Bitcoin group show. And, and then you will be able to finally go to conferences and pay for your hotel in crypto, because I've never been able to do that. And I wish I had the last couple of years because it just drained my fear going to all these like cool conferences. So yeah, 1.6 million hotels available in crypto. Oh, tells in crypto. That sounds cool. Max Hilla brand. Good. We are going to have a perfectly private Chomian eCache on the second or third layer, either on top of the Lightning network or itself or with Bitcoin multi-signature. And we will have an easy medium of exchange that will be completely private. Bold prediction, but seeing how reckless we are building the current Lightning network implementation and how crazily private focus is is already, we can do even better. And we will do so. And yes, we might have the one year anniversary of Lightning network, but those couple of few reckless peers who were alive on mainnet before then, they will be the same reckless peers who will build out these awesome privacy preserving tools. Theo Goodman. Get Trippkey with it. Okay, I've got some, I've got, I'm going to just hog up as much time as possible here. So the first story of the week is Frank Fritt Eintracht beating in Termalan in Europa League. And now Frank Fritt Eintracht is in the quarter finals of the Europa League. That is a pretty huge deal. The final eight teams. So watch out, everyone. It could be the face now benefits. Yeah, it'll be tough. It'll be tough, but it's doable. It's pretty good that they didn't get the draw against Chelsea, honestly, to face them right now. But that's, so that's going to be interesting. That's definitely a story of the week. Prediction is coinfest is going to be really cool. So everyone should go coinfest. CoinfestUK.org is the website and you should go there. And that's it. Definitely want to give a shout out to coinfest and wanted to say that we'll probably be doing this same very show in just a couple of weeks live in the UK at Manchester at coinfest. So this is pretty cool. We have pretty much the same cast right here that will have at coinfest. So if you want to go to coinfest, if you're in the UK, you want to go to Manchester, come meet us. It's a free conference. It's a multi day. They have lots of exhibitors. You can learn about Bitcoin and other things if you want. It's up to you. It's going to be a good conference. It's in the UK. I want to give it a shout out to everyone that's going to be there in the UK. I'm going to hang out with everyone here. Ben and Dan and Max and Theo and everybody else looking forward to hanging out with you. If you want to volunteer your castle or your couch, we're accepting offers for either. We're also taking Bitcoin donations. We want to give a shout out to our only only Bitcoin donation so far, 0.00515768. So if you want to donate to my trip to the UK, you can scan the QR code right here. I'm going to be doing lots of interviews and I'm going to be bringing them back for you here on the World Crypto Network where they'll be presented for free. So if you want to watch the free interviews, but you want to help me pay for the travel and all the other stuff that it takes to get those interviews to you for free, you could go out and pause the video right now. You could go get your Bitcoin wallet. You could go get your treasurer or your ledger and you could put in all your codes and your keys and whatever you have to do to get to your Bitcoin. Or maybe you just keep a couple hundred bucks of Bitcoin around for donations. But we really appreciate your donations and I look forward to seeing everybody in the UK and meeting everybody. I've got stickers and business cards, hopefully arriving right now today, hopefully in time. But it's going to be great. We're going to have a great time in the UK. I'm going to go see castles with Ben and Dan, maybe Stonehenge, all kinds of stuff. It's going to be great. So thanks to everybody for watching. Be sure to give us a thumbs up. That helps more people find this show on YouTube. Last week we got over a hundred thumbs up and we got a thousand views. So that was pretty cool if we could do that again. But thanks so much for watching. Be sure to subscribe and until next time. Bye. Bye.