Welcome to The Tuohey Talk Show! Bryce welcomes Kyle Williams, Jack Kellogg, and Mari Hincapie on episode 1. Tune in as they discuss the markets, the potential regulation of crypto, world events, and NFTs. Learn from these top students' experience and wisdom.
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What's up everybody, my name is bryce stewie and welcome to the first episode of tui talk show um, you know. Listen. I honestly have no idea kind of what's gon na happen here. It's gon na be a lot of fun, though uh and i'm really excited it's kind of almost it's going to be like a weekly installment of really not just trading.

That's kind of what i wanted to get out of this right, like there's so much more than outside of the small cap market that i'm trying to learn, and i want to bring on guests that can help teach me help. Teach you um for those of you that used to follow me probably well before i was even a part of stock straight community matt monaco and i who's way over out yonder somewhere in the office. We had a podcast called beyond the pdt, and our goal was to kind of not only help ourselves learn from successful traders, but to also help others learn and that's why we did it in the form of a podcast. And i want to do this a little bit differently, where it's almost more of a talk, show right.

We're going to bring on guests give my opinion, give theirs kind of just get to you know: um, just just talk the talk and see what we get out of it. Hopefully we can learn a bit and you know if not, it would be a fun talk. Nonetheless, we'll get to meet a lot of new people, but for today's first episode, i'm actually bringing on some very familiar faces to the stocks trade community, we're gon na have jack kellogg, kyle williams and mariana hinckby joining us just to kind of talk a bit in You know not only the we'll talk a little bit of stocks and whatnot, but you know kyle has been very, very actively um bullish on cryptocurrency and right now you know the market's in a very unstable place. We have a whole lot of the russia ukraine stuff going on um, and that has made you know the overall stock market a bit iffy and yet kyle is still extremely bullish.

On cryptocurrency, i know even uh jack and i believe mario i could be. I could be wrong on mari, but um. I know jack was doing really well with some uh previously hot altcoin plays, which essentially are you know the uh. I i i won't use two derogatory language, but uh sketchy they're, almost like the penny stocks of cryptocurrency and when they get hot they get really really hot uh sheba was, i think, the one that kellogg made a lot of a lot of money on a couple Months ago, and so i think, it'll be really cool to kind of get their opinions on cryptocurrency.

I get to learn a little bit too because i'm trying to get into it right like not necessarily actively trading crypto, but i do want to have a better understanding of not only, i guess like what crypto i understand what crypto is, but i'd love to learn The more practical uh use of cryptocurrency in the future, as well as talk some nfts and whatnot today and i'd love to actually in the future, have some more people on uh that are very experienced the nft space. I think it's you know. Obviously it's a more it's a newer space. It's a lot of people are, you know, uh, saying it's, it's a bubble and whatnot, but everyone was saying: crypto is a bubble in 2017, too, and now here we are back over all-time highs, um.
So i i personally do believe there's technology in in the nft world that could very well be practical in the next 10 20 years, especially if we move towards a uh society. That's very embracing of cryptocurrency, very embracing of this new online currency. That's a little bit more decentralized than the standard dollar um. Let's turn that volume down for now, um, so yeah, that's kind of today's topic is going to be cryptocurrency in a little bit too.

Obviously guys i mean we're not stupid right, there's a lot going on with this whole russia, ukraine, stuff um, and i think it's really important that that does have an impact on not just the stock market. Right, i mean we saw the stock market almost almost break under four hundred dollars just a day ago. I'm recording this on friday on thursday, a pre-market it was down at like 410, the spy and it did bounce. I think we're up to like 440 today, which is pretty crazy, pretty cool, really great bounce um, but you know that is something that's going to affect: every single asset class real estate, um, even cryptocurrency, the stock market.

Basically, anything i mean it's going to lead to higher prices in gasoline um, so these are things i think are really important and hopefully also useful to you guys um, but without you know, without further ado with all that being said, i'm gon na bring on our Guests guys this is jack, kyle and mari. I know you've all seen their beautiful faces before. Thank you guys for joining the first episode of the tui talk show um. Now i was just explaining before you guys hopped in uh today.

I just kind of wanted to talk a little bit about you know, there's so much going on outside of just the stock market right now in terms of um, i was talking especially how kyle is very, has been very bullish on cryptocurrency for a long time now And i assume kyle, you still are pretty bullish on crypto um in the future right yeah um, totally the market's been super tough for a lot of traders in the last we'll say two or three months: um, it's looking better so we'll see if that continues, and That change comes back to, let's say normal, but speeds up, but otherwise yeah i've been i've been still watching, crypto, i'm very bullish on it. I've been owning i've owned, bitcoin and ethereum since 2016., i'm still on it now um. In many ways, i'm still trying to make more money from stock trading to buy more crypto um, but yeah. It's it's! It's such a volatile market, so much more volatile than the stock market um.

If there's it's, you know it's a much more affected like the way. The spy is affected, like lately, the bitcoin's been following the spy, because there's so many geopolitical events, whether it be ukraine and russia, whether it be canada, um so many things that are that are changing, how the crypto market's moving um and it's making it a bumpy Ride but um no yeah, it definitely doesn't change how i feel about it long term, it's definitely very bullish, long term, so sweet and i'd actually love to hear jack and mari. Your guys's opinion on crypto long term uh, and i was also mentioning jack. I know you had a great trade on sheba and i know it's traded more, like a trade than it was an investment.
I hope um, but uh i'd like to hear your guys opinions on crypto, too, just kind of like your long-term um view on it, whether or not you're in a position go ahead mari. I guess i can talk first, i kind of feel like crypto has been kind of like on the back burner and i feel like everybody's trying to get the whole world kind of technologically based and i do feel like it could be kind of like the next Big thing just because it's all crypto and it's all in the internet, so it's almost, i kind of related like the cars. Basically it's from like normal cars. Now everything is electric kind of like the same thing from the dollar has lost its value since, whenever it came out and now it's maybe worth one percent of what it used to be so i feel like the same goes with the car industry.

It's like cars. Now are all going to be electric and i feel like the same thing is with the dollar. The dollar will lose its value and then suddenly it's going to be a lot more technologically advanced just because people are trying to look for. What's the next big thing? What's more technologically advanced for everybody and the internet is basically the best place, so that's what i feel about crypto, awesome and jack.

What about yourself yeah? So i've been an observer of cryptocurrencies, for you know like four or five years now and i've gone i've seen them go through their cycles and a lot of stuff is definitely being put into place with the metaverse web3, all these altcoins coming out, and it definitely Seems like it's getting more and more prevalent and a lot more people are talking about it now than verse in 2017. So in another four years i bet it will be even more popular um, although i think that, while the spy and the market are kind of having these dips the bitcoin, it does act like a speculative growth stock and not really like an asset class. Where you see gold you'll see gold go up when the market goes down, because people buy that in fear, whereas when the market goes down, so does bitcoin and other cryptos, because it's more speculation for for now until um. I'm sure kyle will know more about this.

But from my opinion like, we need to see like more like government regulations and more people accepting bitcoin and cryptocurrencies etc, and for it to really become like super super legit. And then i think bitcoin and all these other cryptocurrencies will act more as an asset class. Rather than acting like a speculative growth stock and not dipping when um the spy goes down and she but yeah that was um, that was probably my best crypto trade uh. It definitely was my best crypto trade and i had a few other trades on jsmy.
And u and a couple others, but sheba was just a classic uh penny stocking framework pattern and it was a great supernova. It was a great price had the height behind it and also like since dogecoin was so big uh last summer. I think it was last summer when it really exploded. I knew there would be another one and you just had to wait and shiba was the one.

No that was, and that was a fantastic trade, and it was that was a perfect example. I mean that was that was a beautiful pattern. Now you brought up something that i think is extremely interesting and that i'm sure a lot of people are probably questioning themselves after hearing that is like you're saying that you actually think um in order for cryptocurrency to become a bit more stable, less volatile, a traditional Asset class, it actually needs more regulation, but doesn't that kind of go against the point of a decentralized currency is regulation, but i i completely agree, i think, in order for it to stabilize be, you know, probably a little less volatile in a traditional asset class. It does need regulation, i'd love to hear your guys, opinions on how you can see that working um and still maintaining the true values that cryptocurrency brings to the table over the traditional dollar um yeah.

This is a great topic and i know the the first right. The first majority of people when they hear the word regulation, um yeah, goes everything against. Why crypto's alive right to have responsibility of your own money? No no government or middlemen can control it um, and that is still the case. I think it depends on what kind of regulation takes place.

Um, for example, like a bill, is being processed to actually put in place that crypto stays the way it is in terms of right. It's your money. No one can control like you can own your own wallets um. So that's like a regulation putting in place to defend that like that freedom um.

So in that way, it's positive and another way that that regulation needs to happen to owner to have crypto become more um adopted is in the sense that everyone's talking about how like institutional money, is coming into crypto institution - big, big money, massive multi-billion, if not trillion Dollar institutions can't come into crypto unless there is some kind of highway, some legal highway for them to come in, because if there's not that, they can't risk we're losing millions, if not billions, of dollars to something they don't understand or they don't feel safe in um. So in many ways there has to be regulation, at least in the country that they're dealing with to allow them to come on in a safe way. Um, because once that's in place, then they're going to feel comfortable buying, then they're going to be feel comfortable having it on their balance sheet or in their investment portfolio, um and again, for that to happen, it's not like it's. It's not going to become undecentralized or centralized it's just making.
You know kind of not laws but just outlines in place of like okay. If this happens with crypto, what do we do under the eyes of the law? You know it's not like the government's trying to put in place of like you can't hold it. We have to hold it um et cetera, stuff like that. So it's it's a it's about how regulation goes about it or what kind of relation comes into play? Not the you know overlooking like we control everything kind of regulation, so gotcha and mari jack.

Do you all feel the same way um i i wouldn't have known how to answer that question. I think paul did a really good job at explaining it. So i'll just go ahead and take your agree statement. We believe in you.

We place the trust in kyle now all right. So then this is. This is kind of where my brain goes. When i start um hearing something like that, right is obviously one of the big questions and i've seen so much of this on twitter.

Even on the news, mainstream news is crypto. Is a ponzi scheme right like it it it's a it's a whatever. It requires more people to buy in order for the price to go higher now. You know because there's nothing like technically backing cryptocurrency, but it's weird to me right, i mean in the end of the day, yeah gold backs the dollar, but when you can i mean how much how much money did we print last year in the u.s? What six trillion dollars? I don't think we, i don't think we mined six trillion dollars worth of gold.

You know what i'm saying. So it's like the where, where do you guys stand on that right because i know bitcoin there's a finite amount of bitcoin right um. There cannot be more or a certain amount created, there's something along those lines: correct only 21 million bitcoins 21 million bitcoin right. So there is a limited supply um, but then so and where i'm going from that uh, where i'm going with.

That is like the weird difference i see between like because a lot of times, people, trade, crypto the same way a lot of people, trade, different currency pairs. You know with forex um, but it's weird because in a sense it's almost like crypto is a mixture between a currency and uh, an equity or an asset class like equities right where you can't. I cannot go create another another currency. Yet i can go create an altcoin right that acts as a currency.

It's weird, though i can't go, create something that well. I guess i probably could go create something that uh rivals. You know the dollar, but it's not gon na. Have any practicality nobody's gon na use it um, so do you think, is there any value in altcoins long-term? I'm not saying is doge going to go to a million? That's not what i'm trying to get at here, but do you guys see any um long-term value in these altcoins that really anyone you and i could create um? Are there any that have potent future potential? I'd love to hear all your guys, opinions on this um? So so that's kind of when you, when you bring that up of like anyone, can, can create an altcoin.
That's also what i think of in terms of regulation and not not to be controlling, but to be protective of people, the va to make sure a smo joe does just make this currency, and it's just this this this made up thing right. It not necessarily have to be backed by anything but to remove the idea of getting scammed or the idea or the concept of um just creating something out of thin air right um. It has to have a little bit of utility behind a use case. So, for example, like okay, what if it's an altcoin, that's created by someone legitimate, um they've gone through all the regulatory like things to make it safe? It's real! It's not some scam.

It's not some ponzi scheme. Um right does it have value and um. For the same reason, you just mentioned rise of like uc crypto, is almost like forex currencies mixed with stocks. Um, that's exactly how i think about it right! You can't you can't go into the apple store and spend your apple shares to buy an iphone right, but warren buffett when he wants to donate to a charity.

He has donated and she's donated shares to a charity, and then the charity can do what they want. With those shares, so in many ways, crypto is like that, where it, you can have an altcoin that represents a company like. Maybe this company is trying to solve this world this real world problem with crypto and they are represented in an altcoin and just happened because it's an all coin. It happens to also be spendable as a currency and in some ways all coins do.

That is like, oh, if you want to do business with us, you have to transact in our altcoin and it's very simple as just making a you know. If you're doing, if you're trading from you know the british pound to the us dollar, it's a simple transaction. It takes a couple seconds, you know with the internet and technology. It's just very easy.

Oh you want to deal with our company that deals with this all coin. Just make this simple transaction we'll solve your real world problem, and it's done so that's kind of how i view it and what all coins will maintain value long term, the ones that don't do anything that are just there, because it's fun and it's crypto and it's Exciting yeah, they won't last right, but the ones that actually have a real world solution to a problem. Um those have a much better chance of staying in the game. Interesting that i actually a lot of i uh.

That makes sense things. I never would have really thought of from that aspect. Uh jack and mart you guys are, do you guys have uh any any additional thing. I know kyle's kind of like the crypto crypto king here it seems, like he's he's, i know very uh uh in tune with the crypto space.
I don't know if you guys have any um, maybe even differing or other opinions on that. Well, i think i'm not as knowledgeable as kyle in this type of um, so i don't really have like that. Much of a commentary, but i do know towards like the skeptical side, i feel like there's always going to be two sides of every story and the people that are trying. It are the people that are going to like start to make the database for the other people to start joining.

So there's a lot of people that are still skeptical over bitcoin, but i do know that there's also people that are creating the database for the other people to start believing in it. So it's almost like yeah there's going to be people that are not going to like it. There's going to be people that are going to say well, the new technology is kind of crazy. Just because it's you know, they're used to something else and now in order to believe in something they must have to see more data and i'm not sure how brand new it is.

I mean kyle would know a lot more than i do. But i do know you know it's still something kind of new that they're introducing to the world, so i feel like there needs to be more data for people to believe in it a lot more. No, i like that a lot. I mean it almost going back to the point you brought brought up earlier.

I mean if, if you um imagine going around driving an electric car in like 2008 2009 they were out, then i remember my mom was um looking at getting like an electric minivan uh, like maybe 2010., i i wasn't that old and i was like what's that, Like i thought i thought it was cool, but i was also like 12 years old and i was like you: can you can charge a car? How does that make any sense, and people would have thought you're, crazy, there's gon na be almost no practicality for it. Right i mean there's gon na be hardly any if any charging stations have to charge it at home and now not to say electric cars have taken over the traditional automobile industry, but there's certainly enough data for them to be considered practical enough. I'm sure in the next 10 years, with all these regulations that governments are putting in place, electric cars are going to be much more um dominant market than they already are now, and it sounds like um, that's i guess it's really any new concept. You need to have that database built, so i think it's a that makes a ton of sense honestly um.

Well, i don't want to. I don't want to spend the whole time here talking about crypto, because i just i wanted to kind of just get a overall rundown on your guys, opinions on it, because i mean i'm not going to say it's. I don't think it's nearly as hot as it was right. Um, even a few months ago, when you know bitcoin was at 69.
000 ethereum was over 4 000, but it's still hot enough. Now, where a big crash, big crash, it's i mean ethereum's, still hovering at what 24 2500 uh bitcoin in the 40s right yeah high 30s yeah high 30s yeah, i mean it's. These were at zero basically a few years ago and for all this hype to be over and the the bears won, we're still we're still thousands tens of thousands of percent uh above above lowe's and um. So i mean, i think, there's some real real need for discussion uh moving into the future.

Now i do kind of want to talk about uh, also the stock market and not not necessarily in the sense. I know, uh small caps. You know otc. It's all been relatively slow, but the overall market has been wildly volatile, probably more volatile, i mean than it's been, especially to the downside.

I mean this is the the most volatile i've seen into the downside since pre-covered crash, and i kind of want to hear your guys thoughts. As you know, we've all uh - i mean multiple years here right with trading experience. Where do you guys see all of this macro news, because this is very similar to covet scares that we had going on during 2020, where every day there was new information coming about about this russia, ukraine thing china, taiwan um? Where now? Obviously, we can't predict the future, but how do you see this not only affecting um the stock market overall, but small caps? Do you think there are opportunities? Are there opportunities um in? I guess areas that were that you know traditionally people aren't thinking about. What do you guys kind of think about all this that's happening right now.

Go ahead, jack or marie uh. Okay i'll go first um yeah. So, as we know like, if you look at the spy chart, it tanked really bad on that cobin news and and then we had the massive rebound and uh broke the highs and it continued to to trend all the way up without any really significant pullback and Even if you look at the chart now on a weekly or monthly you'll, see that, like it still really wasn't too big of a significant pullback, and i think that a lot of people were kind of looking at some of their stocks and their portfolios like tesla And amazon and apple and all these stocks you know peloton - was up a ton. All these really like every stock was up right and i think people were waiting right.

They were waiting, um and thinking like hmm, should i sell like? Should i lock in profits this and that and then once some the news started coming out about russia and ukraine and other news and the the rates started raising and all this news and people started seeing headlines. I think a lot of people, then you know, started selling into into the market and i don't think it's as it's not as fearful as um the kovid crash and all that. But i think it was just people waiting for that headline of like oh, like oh crap and and then everything started to sell off, and i think i think it was needed because the market was up so much and now moving forward. In my opinion, like now.
If you ask somebody like people are starting to get very bearish on the market, and you know if you've looked at like growth stocks they're down uh, you know micro, craps, mid caps, small caps. All these stocks are down so much over basically the last year, but it was really the large caps that stayed strong and those are the ones that are just starting to pull back now. Um, all the really big names are the ones that are pulling back now. So i feel like this is almost like the last wave of selling, unless you know more news comes out or whatever, but like in my opinion, as we get into march, with the rates coming out like people, you know the market always looks forward right.

The market is always looking forward and they're all scared of the rates being hiked into march and all this stuff, but after we get through march and april. I think that we'll see some type of stabilization and hopefully we'll start seeing some of these stocks that are really beating down start to trend back a little and i'll be looking at some of these uh. Even the otcs, like they've, been trending down for 12 months. If you look at the hmm hmbl chart, i mean the stock was two bucks um like a year ago and now it's back down to two cents, uh pre-split price, of course right now, it's at 13 cents, but that's after they did a split.

So a lot of these stocks are are down so much and now seeing the large caps kind of pull back. I think it's that last wave going into you know once those rates uh get released like and if russia and ukraine figure their stuff out, i think we'll start to see some stabilization. How about you, uh, kyle and mari any any different opinions here? You got anything i'll go last just yesterday: okay, yeah well um kind of like that kind of talk about like the bigger picture, but right now kind of like what's happening and what i see is like it's obviously unstable just because there's a crisis going on. Maybe we aren't hit directly just because it's basically mainly based in russia and ukraine, but just that it still does kind of relate to relay back to like all of us, and then it also kind of really uh creates kind of like that.

Unstableness in the market and that's, i feel like how it's going right now, because, let's say somebody maybe wouldn't want to swing a stock over the weekend, just because there may be some news that come out that maybe like it's not up to our control right now. It's basically just the markets doing what they're supposed to do and they were due for pullback anyways. So, if anything, the added on news just kind of helps with the whole market downtrend, but eventually, like jack, said it's gon na find it stabilized again, just like it did last year and just like it will. But the fact that uh the div got bought up.
So quickly, and just it was a very uh good um come back from the market. Today i mean we don't really know what to expect, because it wasn't very violent exactly because the the dip always gets bought up. So i guess we'll have to see how big the crash is, but right now i guess the news aren't really like coveted they're, not really like as bad as it was just because it's not really worldwide. It kind of just relates back on just certain areas of the world.

If that makes sense. 100, it's not a full-on. I mean the pandemic. A pandemic uh implies the entire the entire world, we're not in some kind of world war yet and knock on wood.

We don't go into one anytime soon, uh that goes to you, putin, um, kyle kyle, i'd like to hear if you got any any uh further information, um yeah. So so i think the how the over the whole overall market definitely affects small caps in the sense that when we are hit with some geopolitical you know event or or or pandemic um. It creates a lot of fear and a lot of uncertainty and when things are uncertain, people really don't want to speculate um. You know and they're only going to speculate when there's at least some level of certainty, so perfect example is like small cap has been super slow um, however, because of this, like ukrainian russian kind of least a hint of a starting of a war um oil has Been up huge, and so this week, like the four or five oil stocks, have been running, really really big.

You know imp, i'm looking at it right now on my charts, but imp is up from like 50 cents and it's at two bucks. So it's like, i think small caps can be reignited with some hot sectors, whether it be down the line, something else happens and all of a sudden cyber security stocks are hot or like back in when they were like police riots. So you know, police stocks were hot, so, like i think, events can ignite certain sectors - um irrelevant of the overall markets, whether they're, uncertain or scary um, but something jack mentioned about um. You know pulling.

I i kind of forgot my thought i forgot thought about it, but, like i forgot where i was going with it um if i get back to i'll, remember it, but it was a really good point. I totally just like thought about. I noticed something, jack was jack said, but i totally forgot what it was. No, no.

No. I i think, that's uh, some extremely important to uh to note as well right like every time, there's market, fear, um or or you know, greed, i guess but uh every time the market is volatile, a sector will prevail uh, even during covett right. We had a bunch of coveted running names, uh stocks that were working on cova data. All you had to do was put code in your pr boom to the moon, and you know it's very similar here.

I know there's a lot of cyber security stocks that are kind of priming up too, because that's a big issue with or a concern. I guess right now that we're going to get cyber security attacks in the us. I uh, i just remembered, as you were saying, go for it yeah when jack, when jack was talking about interest rates and the market is like forward-looking right. People get uncertain and start selling off, because when interest rates are higher, it's kind of like a risk-off thing.
Like people don't want to need to put risk on if they can earn like a higher interest rate somewhere else, that's safer, um. So right, the market is selling off in anticipation of the rates getting higher our rates getting raised. Um, although i'm kind of i mean i i'm not having, i don't - have any bets placed on this, but i kind of want to call the fed's bluff of like they're, not gon na raise rates as high as people think, because they're they're in so much debt That raising rates would only increase their interest on their own debt and it's like unless they want to blow themselves up quicker than expected, like they can't raise their own rates that high. So i think the whole market's selling off like if they do raise rates.

But i think a way it might stabilize again if it like, you know, get a fed meeting comes out and they don't raise rates everyone's like wait. What and then we kind of go back to normal because we aren't raising rates. So that's kind of like my my guess: if it was how it would go down, that'd be a savage short trap by the fed right there right. They just don't raise any rates at all they're like we're gon na dip the spy down psych.

You know what i mean, but and no i mean why i mean i completely agree with you kyle i mean this is obviously i don't have any best place either. I'm not swaying anything just because there's so much uncertainty and i'm just not in the mood to to bet anything on it. But you know with all this global uncertainty and russia and ukraine, i think, and on top of the fact that it wouldn't be in their best interest to raise rates that crazy in the first place. Right, i mean there's: they need to balance it out, they're, not trying to tank the market.

That's that's not their goal. Um now! Listen. I've only got about five minutes left with you guys here, but i do want one other uh. It's a little bit unrelated to uh what we were just talking about here, but a little more related to crypto.

I probably should have if i was smart and thinking uh on my toes. There probably should transition from crypto to this, but uh. This would be quick. Five minutes, or so i want to hear you guys, thoughts on nfts um, just overall thoughts.

I you know, i know, there's a ton i can't get on twitter without seeing nfcs. I just i can't i can't do it anymore, um and is there now not the current nfts right like a lot of these? Are almost the quote-unquote pump and dumps, but uh, do you guys see any like actual uh prevalent like technology in nfts right now? That could be valuable in the future, assuming we do adopt uh a more meta-focused, a more crypto focused digital world, moving forward yeah um. I actually i tried to buy my first nft like earlier this week. It was a disaster, it didn't go.
Well, i didn't get to buy one um, so that's that but um in terms of like the actual like technology behind nfts yeah, i think they're huge um. You know right now, they're just jpegs on the internet, which again it's like aol messenger back in the 1990s um to what that doesn't even exist now so, like. I think the technology behind ft's will be big for the reason of like you know. If you follow any of us, bryce, jack, mario or any of us on instagram or twitter, we have all these scammers tons of scammers right and having like a blue check, mark kind of helps with that um, but but like what nft technology is it's like, we Could potentially use that in the future to verify like our accounts like we're, only us, no one else can be us, and so it's the same thing of like if you want to only own a certain type of online product, and you want to verify that it's Only that thing like that's what nfts are for that's what like that.

Blockchain technology is for um, and so whether it be like an insurance policy, um, a legal court of law like anything that needs a contract or a or a a value or a necessity to verify something is original and unique and one-of-a-kind like nfts are for that And there's so many things like that that i think it's going to be it's going to be massive, going forward yeah, i love it mari jack um. For me i mean i like nfts, because they're so creative and like for me, i love art, so i feel like that's basically one of the main things that kind of draws my eye to it, just because it just like draws your attention to it, just because Everything is so chart-based and then there comes something that's art and just one person has it. So it's just so much different than everybody else, because you can have one kyle can have one jack can have one, but we can't all have the same one, and i just feel like that's just so special for something new, and i mean it just kind of Helps everybody just create their own thing and i do think that it's still brand new and going back to that same thing, something that is brand new, creating more database, then there's more demand, and i just think that's like it's pretty good. I like it.

No, i think, what's cool too real quick is like everyone's like. Oh, i could just like right, click and save it. I mean yeah sure i can go, buy a fake rolex too, and no one's gon na know the difference. But it's like not the real thing or even, if you're going with the art aspect right i mean what do what does it cost for a painter to paint the picture, cost the canvas and the paint? And then it's time i mean it.

You know it faced that it true value. A painting is only worth technically what the materials are, but then there's the perceived value um based on different people liking, i mean, even if you want to go into the art aspect of nfcs as they are today. You could almost argue that, but then there's what kyle mentioned too, where there's actual practical value in the tracking of it as well um jack, any any other kind of inputs there yeah so i'll kind of i'm not too um knowledgeable on the fundamental side about the Technology and this and that, but i do know that there's some nfts, that uh are kind of like memberships and you can essentially invest in a company or a startup by buying their nfps and then you'll get like certain things and you get to play, games, etc. And this and that - and you earn tokens and stuff like that.
But one aspect that i wanted to cover was the r aspect as well, because if you see you know paintings, some paintings are worth what 3 million 5 million 10 million. Like the picasso painting up a picture. You know what i mean and i'm sure when those came out, people looked at them and they were like like. Why would i pay all this money, for you know a painting um and it's the same kind of thing now, where i feel like now: it's just paintings um, online and they're, even better because they come with technology and this and that so i do think that Nfts are here to stay as long as crypto doesn't implode, um, which i think is pretty low odds and uh, we'll just we'll see what happens and see where these nfts go.

But it's it's very new and it needs some time to settle and for the dust to settle and to really see what direction that they're truly going to go in because they have so many different um areas to that. They could expand into right now and we'll. Just see like what becomes like the most popular thing with nfts, i think, couldn't agree more um all right guys. Unfortunately i do have to let you go in here.

Oh, i've got to get going myself, but i wanted to thank you guys so much for kind of joining this first episode and just kind of talking back and forth with me about some things a little bit outside of the market. Um i'd love to have you guys back on in the future and seriously. Thank you guys for joining um. I'm gon na make sure to have all your guys for those who don't know and are watching twitter instagram handles um all that stuff for you guys.

So, thank you all for coming on um and i'll see you guys again soon we'll talk soon. Awesome thanks, bryce all right later guys, thanks all right guys, and that was jack, kyle and mari um. By the way, we didn't get a chance to um talk about where you can find more about them, obviously on their twitters uh and their instagrams, which will be in the uh either in the bio or even on screen, i'm not sure yet, but also guys um. For those of you that are traders, they have a chat room here on stocks to trade called breakouts and breakdowns b and b yo andrew are, we still are we still running the premier trial or no is that just for that one uh yeah we're still running The premier trial guys seven dollars 14 days, all ex or all whatever, all access to everything stocks to trade um other than level two.
That's because that's not not us, but you get every single chat room, all the screeners and scanners. You get you'll, get their breakouts and breakdowns if you're not already a part of it, go check them out. They have a great room um, and that's again, if, for those of you that are traders on the stock market, so um that was, it was kind of great getting to have them on here, hear their opinions on some of the stuff going on in the market. Right now, uh in the overall world economy and crypto um and that's very i got to.

I was very interested to hear because i personally write - i guess, i'm i'm in this spot with the overall market, where it's like man, i feel like we're going to war. We're about to go to world war three and they were like you know now. Obviously we don't know we don't know. What's gon na happen? Next uh, we don't know if all this is probably just gon na blow over and we're worrying about nothing for right now and if that's the case, what jack and mari were saying is like probably exactly right right, we're like a lot of stocks.

Yeah sure the s p, 500 and what uh you know, the nasdaq and dow jones like yeah. They they fell. But i mean you look at a lot of small caps, even mid caps and even some large caps they're down like 80 percent off the highs. 90 percent off high some of these small caps are down like 99 off the heisman hmbl.

Oh, what did that go to? Was that six or seven, or something like that and now down it or was that man there's so many otcs? I can't remember, but i mean i had a massive run now down at two cents: pre-split a lot of these stocks already went into their bear markets. Right i mean i'll, try to find a chart and throw it up, um, throw it up in the video there was this massive list of a bunch of of names that are down 90 80 70 off the highs and, like everyone's talking, how the spy? You know the spies down from what 470s 480s. I think it went now down it. You know: 440 uh did hit 410 free market yesterday.

You know we're not in a bear market we're not necessarily in a crash, but a lot of stocks. Individual stocks already went through it. I mean, let's be honest: it's like five or five or six stocks that really control the s. P 500 sure there are 500 companies that make it up, but by market cap by size it's really like the amazons, the the um facebook, the apple, the googles.

You know and they're still very strong, now yeah they're off of their highs, but i can promise you they're, not 80 percent down off their highs. Um, and so i mean yeah, there's there are stocks that are bringing s p 500 down, but the main ones that keep holding it up are still relatively strong, not facebook facebook's down quite drastically at the size, maybe like 50. After all that stuff that happened with that last earnings call so very interesting stuff, indeed um, and especially, i think, i'm really interested in the crypto space moving forward and not necessarily to trade, not even to invest just to see what that future potential is, and i Know we got to talk uh in the last kind of minute there, our last few minutes about nfts, but i think that'd be a really really interesting future episode to talk about to talk more on uh. I do think there's just a lot of again.
They all brought up very good points too, between the artwork between the um, true tech, like technol technological value that will likely prevail, especially if the internet, guys you got ta. Remember too right. The internet is long been a place where it's very easy to spread fake information. I mean i can go out right now and publish an article um on just about any website or even a comment saying that well i'll just make the example very easy.

The earth is flat. Obviously a lot of people aren't going to believe that. But if it's a more or a less researched topic, a less scientifically backed topic, you're going to have no idea and what i'm getting at is like the and the technology behind the blockchain. Really uh, which is what the nft, what nfts represent the technology behind that blockchain is that it is much easier to um track real real again.

Going back to the rolex example right that i brought up earlier, i can go, buy a fake one of those, but i don't. How am i going to know it's actually going to take a lot more work for me to go into a dealer into a whatever? Whoever checks on the you know they bring that magnifying glass up. It's going to take me a lot longer to go through that entire process to find out if that rolex is real, whereas in the blockchain space is much easier to see where the transaction came from. Where information came from where etc came from because it's all listed um, you know.

If i go copy it, i can sh. I can find its entire history from when it was made to where it is now a little scary in a sense, if you think about it, though right i mean it's you're, essentially able to track a digital product, a digital value, it's lifespan, it's like it's, like You being able to look at me and be like i can see exactly what has happened to you from when you were born to where you are now it'd be kind of weird. It would be kind of weird - and it wouldn't surprise me if, like we moved in that space in the metaverse at some point right, where 20 30 years down the road and we're all living only online or very much so online um that you're able to track Every little bit, i'm sure the blockchain will be very connected to the metaverse um. Now here's a quick theory from me right now.

This is my metaverse theory and we'll we'll honestly i'll probably have a whole talk, show episode dedicated to the metaverse because everyone's like. Ah, it's a joke. Go outside yeah sure, like no one's saying you can't go, live your life, but i mean we're almost setting up in a way where we are more living in a more digital world than we are the real world. How often i'm gon na go onto my phone right now and see exactly how much time i've spent on my phone this week and it's going to be high? I'm on twitter um, i'm on my daily average guys uh.
Let's see my daily average is about five hours on my phone and, let's see exactly what that's from um social yeah social makes up. A big portion of that makes up the majority of the day um and i'm not just, and you know a lot of times. I do just like keep my phone on leave it sitting there, but the fact of the matter is like i'm always going through and checking, and it's what i do for work right. I mean i'm up researching a lot of topics um because it's easier to do that on my computer, but it would be no different if i was on my computer all day and guess what, as traders we are on our computers all day, um a lot of Support people are on their computers all day um and there's like we're already in such a digital world, now yeah the metaverse is different because apparently you're living it.

But are we not right now, anytime, that you prioritize your phone or your computer over going outside and making a real transaction? I would argue that you already are living in a digital world uh and i think the metaverse is just going to be like an extension of that right. Like imagine you know the way i see it. This is like the scenario i like to walk through and i know i i i'm only i'm almost like dedicating a segment of this to the metaverse, but doordash you go on to doordash right and you place your order. The food comes to you, you didn't do anything, you just sat there now.

Imagine all you do you're in the metaverse. You drive your fake car over to mcdonald's and you place an order and doordash brings it to you or a robot brings it to you. You know what i mean like you're gon na have to eat the real food, but you did it all online. You already did it all online in your phone, it's just like almost like a real experience, doing it through the computer.

It's a little different um. I don't know there's so so so many potential avenues for the metaverse and i think that blockchain and uh you know crypto and whatnot - are all going to be a big part of it in the future. Hopefully, hopefully we can get to a spot where we all do still go outside and get to enjoy nature. If you guys know me, you know, i love the mountains, i'm a huge huge fan of hiking um, but that's that all that's talk for another episode.

So i wanted to thank you guys again, though, for joining me on my first episode of two talk. Show we're gon na have a lot of other really cool topics and they're, not not necessarily going to be stock related. I don't want it to be just stock. Related, i want it to be everything.
That's kind of happening right now, like what's happening in the world right now, what's happening in different asset classes, i'd love to even talk about real estate in the future on some future episodes because guys like, let's be real. No one seems to know, is real estate going to crash, or is it just going to keep going or stabilize, or you know and there's so many different theories on it right now, but those are just some ideas for future potential episodes. Let me know down in the comments actually what you guys want to see for the next episode next week on friday. These are gon na be out every friday um, and i hope you guys enjoyed it.

Let me know again: this is my first time doing it. Just a little not quite on the win, but a little on the win uh. Let me know any anything that you would like to see different down below too in the comments. If you liked, it, though, be sure to give it a thumbs up, if you're not subscribed, be sure to subscribe hit that subscribe button turn on your post notifications, and i think that's really all i can think of off the top of my head anyways.

I am bryce toohey, your host of the tui talk show, and i will see you back here next friday for whatever topic we have coming our way until then have a great weekend guys see you, then we hope you guys enjoyed that last video thanks. So much for watching and being a part of the stocks trade community - we wouldn't be here without you guys be sure to hit that like button and subscribe to the channel. If you haven't already, our goal is to get 100 000 subscribers by the end of the year, but we can't do it without your help. So if you enjoy what we're putting out and want to hear more, be sure to hit that subscribe, button i'll see you guys in the next video.


By Stock Chat

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7 thoughts on “Episode 1: the tuohey talk show top students’ discuss crypto and nfts”
  1. Avataaar/Circle Created with python_avatars Steve Brady says:

    So excited for this new show! Awesome content Bryce – keep up the great work!

  2. Avataaar/Circle Created with python_avatars J Wooly says:

    Been waiting for this!

  3. Avataaar/Circle Created with python_avatars Mark M says:

    The USD came off the gold standard in 1933. And our government severed the link with gold in 1971. Our dollar's value is based only on a perceived value. Because our government cannot even guarantee they will do what they promise us what they will do or won't do.

  4. Avataaar/Circle Created with python_avatars Bryan Villicana says:

    Nice Show !

  5. Avataaar/Circle Created with python_avatars 4309chris says:

    awesome!

  6. Avataaar/Circle Created with python_avatars mariana hincapie says:

    πŸ™ŒπŸ½πŸ™ŒπŸ½πŸ™ŒπŸ½

  7. Avataaar/Circle Created with python_avatars Francisco D'anconia says:

    First… episode I mean lol

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