Hi, I'm Rusty Komori and this is Beyond the Lines on Think Tech Hawaii. I was the head coach for the Punahou Boys varsity tennis team for 22 years and we're fortunate to win 22 consecutive state championships. My book Beyond the Lines is about leadership, creating a superior culture of excellence and finding greatness, which is what this show is all about. My special guest today is our 2013 Miss Hawaii Teen USA and this year's Miss Hawaii USA. She is Samantha Nieland and today we are going beyond the crown. Hi Samantha. Hi, how are you? Where in the world are you right now? I am actually in Los Angeles right now. There is a lot of travel that comes with being Miss Hawaii USA. We have supporters everywhere so it's kind of part of the job. You've got to stop everywhere and say hi and say thank you. Well, you are a fantastic Miss Hawaii USA Samantha and I want to ask you about your early years growing up. I know you traveled a bunch. Yes, yes I did. So my dad was in the Army. He retired as a colonel after 35 years. So I didn't know anything other than the military life. I was born in Georgia. I think we moved a year after I was born and we traveled around the South for a little bit and then we did Spain, Japan, Hawaii and then obviously we stayed in Hawaii. But it really just, it was such a great childhood and it was so funny because I had no idea that it wasn't normal to move every two years. So when did you move to Hawaii and what schools did you attend? I got to Hawaii when I was 15 and I went to Moanalua High School. Okay, and your family, I know your dad, Alan and your mom, Joanne, they are super, super nice. I love your family. But you have a brother as well. I do. Yeah, my brother, Jonathan, he's in Hawaii as well and he actually produces music. Nice. So tell me about your mom and dad as well. So my dad is retired now from the Army, like I said, but he manages the Pacifica, which is a condo complex in Kaka'ako. It's a really nice building and he does a great job. It's really nice to see the staff and the residents of that building really appreciate him for all that he does. And my mom is actually an independent skin care consultant for Rodana Fields. Wow, that's a fantastic company and that's a billion dollar company. Yes, it is. And it is just globally expanding as we speak, so she's doing pretty well. Now, Samantha, I want to ask you, when you entered the 2013 Miss Teen Hawaii USA pageant, why did you enter? It was actually quite a shock to my family when I said I wanted to do it. I come from a very athletic family. Everyone was good at sports. My mom was a division one athlete in college. My dad is an Army teacher, especially the Army. So I mean, I have played absolutely every sport there is and I'm just not very good at it. And I was always searching for my thing. I remember as a kid, I would get so upset because every time I would try something new, my brother would pick it up and then master it in an hour and I did not have that ability. So I was just constantly searching. I was always trying something new and one day I saw a bunch of pageant girls walking around with their tiaras and their sashes and I thought, I could do that and then I did. So what did you learn about that pageant experience going through the teen pageant?  So I think that was the biggest thing for me was I always had a high self-worth, but my confidence was not always there to match it. Would you recommend pageants to a lot of young women? I would. I just, I love it so much. I think for me, and it actually, when I was reading your book, there was something in your book that reminded me what I always say because at the end of the day, obviously only one person is going to get the crown. Only one person can win the pageant, but I always say find something, win something. So at the end of the day, if you compete in a pageant and you do it right, you really give it your all.   They do. They really do. It's so important.  And now you are the current Miss Hawaii USA. And how was this year's pageant, was it any different than what you experienced as a teen? It was. It was a lot different. And I think as an adult, you really know what's at stake. You really know how big an opportunity this is. And so I took it a lot more seriously because as a teen, it was great, but it was also just so much fun. And now as an adult, I'm thinking, okay, this really has the power to change my life and how I go about things and the opportunities that come to me. So I worked really hard. And I have to say most of my preparation for the pageant was mental because I work out often so I was already in good physical shape. I've modeled for a long time, so I know how to walk a runway, but it was getting my head in the game and getting, you know, just my mental strength, where it needed to be to get up there and be proud of who I was and what I had to offer. You're so right because mindset is everything. It's so huge. And Alicia Michioca, the owner of the Miss Hawaii USA pageant, I mean, she is absolutely fantastic. And how did she help you and the other contestants? She did my, she kind of did this workshop, which I've now adapted into, not adapted, I've adopted into my own program because it just was so wonderful. So she had her cousin Sasha come and we had all the contestants sit down and everybody got a thin plywood board. And on one side of the board, you wrote your fears. And then on the other side, you wrote what you wanted to manifest and bring into your life. So we're all taking time writing down very personal things.  So you break physically right through your fears and mentally as well. I love hearing about fear. And you know, I don't know if you remember this in my book, but fear has two meanings. You know, the letters F-E-A-R or get everything and run. And the other, the other meaning is face everything and rise. And that's what you did in the pageant. Yeah, it was definitely a challenge, but it was something that I knew I would be glad I did. And I think the morning of the pageant, I woke up and I just felt so calm because I knew I could win the crown, but I also could not. But at the end of, I mean, that whole experience, because it really is like a three month long competition because we have so much going on throughout the process. I knew that, you know, that competition was coming to an end and I had won something for myself. So whether or not I was going to get the crown, I was a better person for all the work that I did. And that was enough for me in that moment. Do you find that, you know, there's a lot of team support among the girls in a pageant competition and how much everyone grows because of, you know, they might face insecurities and, you know, their own vulnerabilities and they become stronger and better for going through that experience? I do. And I really think Alicia does a fantastic job of this because I have competed in other pageants before and it's, everybody tries, but Alicia really just hits the nail on the head with bringing people together. And that exercise that I told you about, that especially, I think, brought everyone together because not everyone shared, but a lot of people stood up and shared what they were afraid of and what they desperately needed to manifest for themselves.  And it was such a magical moment because it just humanized everyone and we're all just sitting here, you know, looking fabulous, but being honest and being vulnerable and it was really powerful. I like when things like that have such a great impact.  And then she bought books for all the contestants. And that just goes to show you how much she really cares about each and every contestant there is. She really does. And I mean, I think, like I said, only one person is going to win. But that doesn't mean that opportunity can't be beneficial for every single person. And she definitely tries to provide that opportunity. So, Samantha, what are you doing for preparations for Miss USA Now? It's definitely similar, a lot of mental preparation because I think for me, I want to approach it the same way I've approached Miss Hawaii USA. And just thinking that this is an opportunity to better myself. And whether or not I get the crown, I want to win something. So I've kind of been playing around with it and really just trying to figure out what exactly is it for myself that I want to win. Is it more confidence? Is it more poise? Is it just the ability to speak in front of more people?   Well, Samantha, let's talk a little bit about your modeling career because you are extremely photogenic. I mean, it's amazing how photogenic you are in so many different scenery and different types of pictures. But tell me about what you love about modeling. It's so funny. When I started, I was not very good. There was a lot of work went into that as well. But I don't know, I find it really fun. And I think it's, again, I have spent a lot of time practicing. So for me now, it's something that I'm good at. It's something that I've put a lot of effort and work into. And I know what I'm doing. So when the camera comes out, I have already looked in the mirror with whatever outfit it is to know that if I stand this way, the outfit looks good. If I stand this way, the outfit looks not so good. And it's almost like a science or a math to me. Is there a not so glamorous part of modeling? Of course. Of course.  And the whole, this is a big thing in Hawaii. You always sit on a rock, try to look peaceful. What is it ever comfortable to sit on a rock? It's just not. It's just, it's not a thing.  What are some businesses that you worked with for that? I think one of my favorites was Maui Gym. It was amazing. It was great to work on. It was an international campaign, but also a local brand.  Shouldn't we be on Maui? But nonetheless, we were still in Hawaii and we went to the Big Island. We shot for a few days.  Really? Because they want to see the view of that you're seeing while wearing the sunglasses.  My face is not in it at all. How many sunglasses did they end up giving you? They gave me one pair and then they gave me a gift certificate, which I used for Mother's Day and I got a lot of writing points for that one. Well, I love Maui Gym. And Samantha, we're going to take a quick break. And when we come back, we're going to continue going beyond the crown, OK? OK. You're watching Beyond the Lines on Think Tech Hawaii with my special guest, Samantha Nieland. We will be back in a quick minute. Hello, I'm Lillian Cumick, host of Lillian's Vegan World, the show where we talk about veganism and the plant-based diet located in Honolulu, Hawaii. I'm a vegan chef and cooking instructor, and I have lots of information to share with you about how awesome this plant-based diet is. So do tune in every second Thursday from 1 p.m. Aloha. Aloha, I'm Daelyn Yanagida, one of our hosts of our Business in Hawaii talk show on the Think Tech Hawaii. The theme of business in Hawaii is to share with you stories of local businesses by local people. And our guests share with us their journey to building a successful business right here at home. We are streamed live on Think Tech weekly at 2 p.m. on Thursdays. Thank you so much for watching our show. I am Daelyn Yanagida, and we'll look forward to seeing you then. Welcome back to Beyond the Lines on Think Tech Hawaii. My special guest today is our current Miss Hawaii USA, Samantha Nieland. And today we are going beyond the crown. Samantha, I love talking with you and hearing your insights. And in addition to being a model, you're also an actor. And most recently, you were an actor on Magnum PI. How was that experience for you with them? That was amazing. I have to say working on Magnum was definitely one of the highlights of my career so far. And as an actress, I travel a lot because some stuff films in Hawaii, but there's not as much. So I'm all over the place. Sometimes in LA, sometimes Atlanta. I've even filmed in Mexico before. And it's all an incredible experience. But getting to finally shoot a major show in Hawaii, it was just incredible. And the cast are so nice. I mean, I only did one episode. But any time I bump into somebody from the show just around the island, they're so sweet and always have something nice to say to me. And it really is like a family. And it's nice that even though I was only there for one day, I kind of still get to be part of that family. Well, I watched that episode and you were fantastic on it. And I want to ask you what other TV shows and movies have you been on so far? Well, I just did an episode of Mixedish, which came out last week. And that's on ABC. So that one was really fun because it's about a mixed race family. And I obviously come from a mixed race family. I've done a few Lifetime movies, which are always very dramatic and very crazy, but fun to watch. And what else did I do lately? I did an episode of Criminal Minds Beyond Borders, which is one of their spin-off series. But that tends to play a lot. Well, that's funny. It's like, well, what else did I do? Oh, I was on Criminal Minds. Yeah, that one, that was a good one. Now let's talk about my book Beyond the Lines. I was so touched because your grandfather loved reading my book, and I got to meet him at the pageant, and I got to take a picture with him. And I felt so honored and grateful just to meet him. But I want to know what principles in the book stood out for you? It's so funny. He loved your book so much. He actually stole my copy, so I had to buy a second one. But it really was so great. And there's so much in there that I loved and I resonated with. And the one that I mentioned earlier, the weighing comes from within. I think that one really just hit me the most because it put into words a lot of what I believe, but maybe haven't been able to articulate the best.  I mean, you make great choices. I mean, you look forward to challenges, you welcome adversity. I want to ask you, what challenges, what's one of the biggest challenges you've faced in your life so far? I think my biggest challenges have all been internal, because there's always going to be external challenges that you face, whether it's someone being mean, or for me, I traveled a lot as a kid, so it's happy to make new friends all the time. But it really was the stuff going on inside that I think was the hardest to overcome. So being mixed for me was great, and I think my parents did a good job of not labeling me, so I just grew up kind of thinking I was a normal kid just like everybody else. But it wasn't until I was 13 that I ever met someone who was half black, half white, just like I was. So for a while, I was thinking, oh, I'm just like everybody else. But then when people started to point it out to me, then I was alone, and I was alone for so long because I just thought me and my brother really only once. And that was, I mean, it was just weird. It's just a weird thought as a child to think that there was nobody else in the world whose family looks like yours and that you're weird because of it, rather than celebrating the fact that you're different. So now I love it and I really appreciate the background that I have because it makes me the person that I am today. But I think I wish as a child that, I don't know, I don't know if I would have liked to know sooner that we were different. I don't know, you could never really tell. I mean, I turned out great, so I think it all worked out for the best, but it just was a hard thing to go through at that time, especially during adolescence when everything's hard. Well, you did definitely turn out great and your family is absolutely beautiful. And I have to say your dad, Allen and your mom, Joanne, I mean, they did a great job with you.  I think so too. Yeah. So you experienced discrimination and bullying?   It was almost like I was just in a game of red rover that I just kept bouncing. Oh no. Yeah. Wow. That just definitely makes you a stronger, better person. And I'm sure you're helping inspire so many other people. Yeah, I think it's good to just talk about it, you know, because when we don't talk about it, then people don't realize what's going on and they don't relate to what you're going through because they don't even know that you're going through something. And once I felt okay to talk about it, then I realized that other people had similar feelings. Even if they weren't going through the exact same thing I was going through, they were going through something similar where they did relate. Geez. Well, I want to ask you about your program, Time to Talk Hawaii. What is it? Okay. It is my favorite thing ever. I'm so happy to be doing it and to just have actually started it because it was in my head for a really long time. But Time to Talk Hawaii is a program to help teens learn effective communication. So I'm targeting high school students. I have done some workshop with middle school, but I think for high school students, it's really important. I just think that our political climate has really changed the way we communicate with one another. And the program isn't political, but I think it's just worth mentioning that we don't have to communicate in such aggressive ways. We can have different opinions from one another and still share them in a respectful way.  So I think it's helpful to teach this younger generation that the way some people have been communicating in the media doesn't have to be the norm and it doesn't have to be the only way we go about things. Yeah, and it's not so much about disliking a person because of what their opinion is or what they believe. And that's the thing is you have to separate the person from their opinion. And what kind of impact are you having with your program so far? So far we've done, I've done a few different workshops. So I've done quite a few that are solely focused on teaching them to communicate and to speak with confidence. So whether it's communicating with their teachers or their friends' parents, those tend to be the popular ones for the middle school students because that's what's scary to them. And just teaching them how to make eye contact and how to finish a sentence and what to do when you get nervous, things like that. And then we've also done a few goal setting and vision board workshops just to kind of kick off the new year. I thought that would be fun to teach them how to set goals that they can actually achieve. Samantha, everyone defines success in different ways. And I wanna know what your definition of success is at the moment. I've always said that success is happiness. And I wouldn't say that I'm successful because even when times are rough or I'm tired, it's been a long day. Overall, every day I wake up and I like my life. I like what I'm doing. I like that I have the privilege to be talking to you right now because it's technically nine to five on a work day. But my schedule's different. And I just, I love what I'm doing and I love that I'm able to do it. Do you feel that you found your purpose in life already being this young? I feel like I was made to make a difference. And right now through my program, through Time to Talk Hawaii, I feel like I have the ability to make a difference. And I'm still finding my way and figuring out the best way to do it. But I really think you don't have to change the world. You just have to change the world for one person. Which is also in your book. I was so happy when I read it. I think I screamed a little. Cause it's just, it's so true. I mean, I'm going through so much work and putting so much effort into trying to help these kids. But at the end of the day, if I really only help one, that's enough. Well, you are definitely making a huge positive impact already, Samantha. And that's a huge thing. I mean, that is so good. Now I want to ask you, what's the best advice you ever received? The best advice. Okay. So this advice was not actually to me personally. I watched it in a YouTube video. Okay. But I think her name's Jennifer Lewis. I'm going to go with that. Okay. She's an actress. And she said the elevator to success is broken. Take the stairs. I like that. And I wrote that down and I looked at it every day for a year. And every time things would get hard, I would just go, the elevator to success is broken. We're taking the stairs. We're taking the stairs. The stairs take longer, but it's going to get there. It's okay to adapt and adjust when you're pursuing a goal. So, and I know you're adapting and adjusting.  It just becomes so automatic. So that is something that I'm very thankful for. Because it was kind of engraved in me really young. Samantha, I'm going to share something with you that I haven't shared on TV or social media yet. But my second book is coming out any day now. Oh my goodness. We've got the scoop here. Yeah. And that one's called Beyond the Game. Yeah, Beyond the Game. I like it. Now, Samantha, I want to ask you. Oh, thank you. I hope it comes out like today. But I know that it's being printed. It should be any day now. So, but I want to ask you one more thing, okay?  Gosh, so many. You know, I think I'm just really thankful that all the lessons I've learned, I learned them at the time when I needed them. So I like to live my life with no regrets. I think every situation is a chance to learn something. And even when you're down and out, whether it's a work opportunity that didn't work out or a bad breakup, I try to just find the lesson and take that and move on. So I think my favorite thing, or at least the biggest thing that's impacting me right now, was actually almost two years ago now, I had an aunt, I actually know this was last year. I don't know, who knows how it is. I'm very busy, I'm very confused. But I had an aunt who died very suddenly and it was very tragic and very hard, but it really just taught me that every moment in life is precious and tomorrow's not promised. So we just have to be true to ourselves every single day and make sure we are living as authentically as possible. And I mean, it was a really hard lesson to learn and not something that I wanted to, but in the midst of that tragedy, that is the one positive thing that I've been able to take from it and really move myself forward and propel myself in a positive way. Well, thank you for sharing that, Samantha. And I wanted to thank you for taking time to join me on the show today. And I really wanna wish you the best in representing Hawaii and the country. Thank you, it's so sweet. I'm so glad we were able to do this. Thank you, Samantha. Thanks. And thank you for watching Beyond the Lines on Think Tech Hawaii and a special thank you to my clothing sponsor, Ilani Incorporated. For more information, please visit RustyKamori.com and my book is available on Amazon and Barnes & Noble. I hope that Samantha and I will inspire you to create your own superior culture of excellence and to find your greatness and help others find theirs. Aloha.


William and David Todd were the founders. David was the one that gave Freeport its name because from that point on, he wanted this area to have a free port so river rafts could stop here and not have to worry about a docking fees. My business was where we're sitting right now, the men's clothing business and it was started by my great, great grandfather back before the Civil War. Wasn't your store the oldest family owned store in the United States? Men's clothing store. Men's clothing store. Pennsylvania Canal made this town and there are still some houses from that time period. It came the whole way from Philadelphia, the canal off to Pittsburgh and fortunately it went through Freeport and this brought a lot of popularity at that time. The Pennsylvania Western Railroad ended up buying the Pennsylvania Canal and that service became the rail line for the Pennsylvania Railroad. Boy, you can't beat the old whiskey, you know? Freeport's been famous for that for years. Of course, there's the Guggenheimer Distillery and they were the largest distillery of Rye whiskey in the world. My name is Jim Swartz. I am the mayor of Freeport Borough. I was back in 1964 when they put the community park in, put the swimming pool in, the basketball courts, the farm and would always freeze it throughout the winter and that's where we did our ice skating. They had a little train that ran around the park, about a two mile route that went the whole way around, had a tunnel you went through. Sadly, it's closed now. I mean, needs a complete overhaul. Well, we sure know what Freeport used to be like. Yes, and it should be and could be like that again, John. The scuba shop has been a staple here for, we've been here for over 30 years. It's been a huge success because we're close to everywhere. Folks like to come here as a small day trip to come down into shop and to see the town and to come down and learn scuba. The building definitely has history, but it definitely needs updates as well. Shortly after we bought it, we actually had to put a roof on it. Despite our love of water, I didn't want it on my floors. It didn't help me mop faster at night having water coming in. It's been a list of challenges. The roof was a big one and there's a lot of things here that we want to preserve the history, but definitely update. I would love to see Fifth Street revitalized and bring back some of the old traditions that we had there, of course, with a new twist. I would actually like to see Camaro's market renovated and I remember going in with my parents and that old wooden floor and taking your grocery cart up and down every aisle. I am here today in my dad and granddad's old grocery store. So this building was originally built in 1915 completion for the Odd Fellows. When we were young kids, this is a very, very large building. We kids would come down here and we would play hide and seek and such a large building, we had to kind of set boundaries because you could be hiding forever. There's a lot of old buildings. They're beautiful historical buildings with all the architectural detail that need to be restored. Building I love in Freeport is the chute building. The chute building. The chute building. The chute building. The old chute building. Makes me think of some sort of Harry Potter fantasy store and Diagon Alley. The roots run so deep here. You know, it's a place that families stay. We have so many new families coming to the area. It's a place of potential. It's a place of growth. By the way, have you guys met Chaz? Have you met Chaz? Have you met Chaz? Hi, my name is Chaz and I've been in Freeport my whole life and one big building I would like to see redone is free Freeport foods and I would like to see like if it would be turned into a coffee shop or a dinner shop or something like that. Some of us have been here our whole lives. Some of us have left and come back. Some of us are new. We're first responders. Mom, students, teachers. We are small business owners. Thank you. Thank you. Thank you. Thank you. Thank you. As you can see, we are an exciting, vibrant, multi-generational community and we just need a little boost from you. Thank you for considering us for HGTV.


Hello and welcome to the session. I am Deepika here. Let's discuss a question which says, show that the given differential equation is homogeneous and solve it. x minus y into dy minus x plus y into dx is equal to 0. Let's start the solution. Now given differential equation is minus y dy minus x plus y into dx is equal to 0 or we can rewrite this differential equation as x minus y dy is equal to x plus y into dx or dy by dx is equal to x plus y over x minus y. Now we know that a differential equation of the type dy by dx is equal to f of xy can be expressed in the form dy by dx is equal to g of y over x where g of y over x is a homogeneous function of degree 0. Then the given differential equation is a homogeneous differential equation. So we will try to make this differential equation in the form of a function of y over x. Now we can rewrite this differential equation as dy by dx is equal to 1 plus y over x over 1 minus y over x and this is of the form g of y over x. Let us give this as number 1. Now right hand side of the upper equation is of the form g of y over x and so it is a homogeneous function of degree 0 so the given differential equation a homogeneous differential equation. Now we will solve this homogeneous differential equation by putting y is equal to vx on differentiating both sides with respect to x we have dy by dx is equal to v plus x into dv over dx.  Now let us separate the variables so we have 1 minus v over 1 plus v square into dv is equal to dx over x or by integrating both sides we have integral of 1 minus v over 1 plus v square dv is equal to integral of dx over x. Again the left hand side can be written as integral of 1 over 1 plus v square dv minus 1 by 2 into 2v over 1 plus v square dv is equal to integral of dx over x or we have. Now this is tan inverse v because derivative of tan inverse v is 1 over 1 plus v square minus 1 by 2. Now here put 1 plus v square is equal to t so we have 2v into dv is equal to dt. So integral of 2v over 1 plus v square is log of 1 plus v square and this is equal to log of mod x plus c. We can write tan inverse v is equal to 1 by 2 log of 1 plus v square plus log of mod x plus c. Now on replacing v by y over x we get tan inverse y over x is equal to 1 by 2 log of 1 plus y square over x square plus log of mod x plus c. We have tan inverse y over x is equal to 1 over 2 log of x square plus y square over x square plus log of mod x plus c. tan inverse y over x is equal to 1 over 2. Now log m over n is log m minus log m so this is log of x square plus y square minus 1 by 2 log x square plus log mod x plus c. tan inverse y over x is equal to 1 over 2 log of x square plus y square minus 1 over 2 into 2 log x we have tan inverse y over x is equal to 1 over 2 into log of x square plus y square. The required solution is tan inverse y over x is equal to 1 over 2 into log of x square plus y square plus c. So this is our answer for the above question. I hope the solution is clear to you and you have enjoyed the session. Bye and take care.


at the middle okay uh once you get up there the pso staffs are in grand wool five to six seconds for it to actually get to the altitude right no it's a nuclear code that they grab the life up pick it up


What is going on everybody welcome to market talks here on coin telegraph? I am your host Tim Warren from the coffee and crypto show. I'm super excited to go into today It's gonna be a great show This is the show every single week on Thursdays at 12 p.m. Eastern Standard Time at least where I am We're gonna go into the markets find out what is happening and bring on Amazing amazing guests who are experts in their field to help you guys analyze what's happening And of course as the title suggests today is all about what could bitcoins price be doing here soon Are we headed down to $15,000 or lower? And what could be the effects if that were to happen? I am joined by a very special guest today Ray McDermott who I make super super excited to get to interview if you guys are Excited go and smash that like button and subscribe to the channel But if you don't know who Ray is Ray is an editor and head of markets at coin telegraph After discovering Bitcoin in 2016 Ray went on to work as the head of content and marketing at a variety of blockchain startups And aside from sweet trading anything that moves Ray is an avid beer drinker and barbecue fanatic great guy Let's go ahead and roll his clip. What is going on Ray? How are you doing today? I'm good. Thanks for having me on Yeah, man, I'm super excited to have you here. It's gonna be a great show But first of all, I love the last bit, you know the avid beer drinker barbecue fanatic Sounds like a guy after my own kind. Do you watch any sports by any chance? So you are a sports fanatic at any any level? Yeah, yeah, yeah, I mean the US opens on so last night I was up to like 2 a.m. Watching I think it was Alvarez and I just forgot the other guy's name But it was an incredible match the kid that won is only 18 in Spanish And it was the it was like the longest quarterfinal match in history. It lasted about five hours and 20 minutes Wow, holy cow. I don't want a whole heck of a lot of that's tennis, right the US open Yeah, yeah, and it's but I mean I'm in the baseball. I've been watching my astros play repping them now We're in the shirt. I'm a Dodgers fan You know NFL starting this weekend. So there's a few teams my eyes on college football is here. So yeah, man Come on come on. Well, let's go into the crypto portion. Well, yeah, I mean for me sports wise Yeah, I'm a big Virginia Tech College football fan and then the NFL I love just watching some good games and and I'll watch basketball I don't watch a whole heck of a lot of tennis every now and then I'll find myself watching some of that But yeah, not more of the more of a football kind of guy, but hey Say what I love football is never into tennis and about three years ago. There was nothing on Just politics on CNN. So I turned on the US open and you know never had been interested in tennis my whole life And it just pulled me in it's a high-energy sport. It's one-to-one like baseball pitcher batter, you know, like Uh, it's like being in the ring with a bull basically. So it's a one-on-one high-energy sport It's mean two people that are you know in top finesse. There's very few breaks. There's no intermissions So, uh, it just kind of pulled me in and you get addicted to it and there's nothing else on while it's on except Playoffs about to start for MLB. So anyway, we could talk sports all day because crypto is pretty boring, isn't it? Well, I have this I have this sneaky feeling right that uh, as boring as bitcoin and crypto have been there's a chance It's about get interesting for all the wrong reasons and we're going to go and jump in on that So let's just kind of start off with what is your overall view of the market right now again We were up at 25,000. We dropped down now and we're hovering between 18 five and about 19 five give or take Do you think that we have potentially some bullish action coming here very soon? Or is there a little bit further to go to the downside and we'll talk about bigger numbers? Down the road maybe over the next couple of months But let's just start off with maybe the next couple of days or week or two As we lead up for the Fed announcement here in a couple of weeks. What are your expectations for the bitcoin? price over the next couple of days To be honest with you, I think the prevailing trend is to the downside and that's been the case since we topped out at 69,420 And a few months later the Fed started the interest rate hikes. So Um, I mean, it's there's a multi prong kind of reason for why I think bitcoin will probably see more downside I mean how spoke today and he reiterated that he will do or the Fed will do anything necessary To combat inflation, which in july was at a 40 year high, right? so the market's already kind of expecting a 75 bps interest rate hike and Given the tight correlation between, you know equities markets or stock markets and large caps like bitcoin and ethereum. Well I mean since interest rates started hiking Bitcoin price has been nothing in nothing but a downtrend basically. So If you look at things from kind of like the standpoint of technical analysis and we had written an article about this recently So I'll drop the link to adrian Um Bitcoin is basically what what you're getting is A bear flag continuation That's it. I mean, do you want to look at a daily chart real quick? Yeah, do you want me to share my screen or do you want to go look at your screen? Uh, I think I can share mine. Let me see if I can find the actual window. There it is. Perfect There we go. So Here's our lovely bitcoin, right? We topped out up here um You know 68 or 69 000 looks like in november um, and then the feds started its interest rate hikes shortly thereafter I think that was in june when those rolled in and bitcoin's always kind of in the canary in the coal mine when it comes to um giving you some insight into Not what larger markets might do, you know risk on assets tend to correct sharply Um ahead of like bearish signaling from the central bank So bitcoin kind of led off because you remember bitcoin price corrected and started dropping while The dow and the s and p 500 were still pushing toward all-time highs Which fooled a lot of us that only focused on crypto and to thinking that oh, it's okay bitcoin's definitely going to go up to 75 000 or 100. So we forgot that You know bitcoin's price action sometimes leads And kind of like tweets like a canary what's going to happen um in macro markets, but basically you've got flagpole flag flagpole flag flagpole flag flagpole Right and probably consolidation and to instance and then another breakdown. So Um, I don't really I mean this is a daily chart. Um, I'm more so looking at things on the three day and a weekly Prime frame. I don't trade day charts or four-hour charts or one-hour charts or really at all to be honest um, so what I see here is just a strong downtrend and there's really no bullish catalyst to um to break that that downtrend now If I can go on for just a second longer, um One of my buddies that works at jarvis labs.  So you know when god Created adam and eve he pulled a rib out of adam to create eve, right? That's like right magical liquidity in in in my opinion So if you think back to the bitcoin cash hard fork in 2017 Uh, you know bitcoin forked everyone that was holding btc ended up getting that bch airdrop Our hard fork token which was worth a lot of money and that just injected a lot of liquidity into the market So if you were bullish on bch, you could hold it Perpetual contracts built up around that and you could trade it If you just wanted to have the free money Then you know you could take that and shovel it into altcoins or eith or into bitcoin So it's possible that if the merge goes down and we start to see these proof of work hard fork tokens That are essentially being liquidity. Where is it going to go? People are afraid to invest in usdc right now because of the Um issues right people are scared to get into stablecoins in general because of compliance worries and You know, we never really know even if if um if usd t tether is solvent We actually I mean, of course paolo will come out and say that it is But yeah, most people aren't You know, most people aren't necessarily looking at stablecoins as the safest place To take shelter like the data would show otherwise, but I mean think about it If everyone gets this massive kind of airdrop from ethereum proof of work tokens It's possible that those funds could make their way into bitcoin and that might create some short term catalyst if the if the open interest is Reaching, you know all-time highs on bitcoin and it's to the short size Maybe that'll catalyze some squeeze that pushes the price through whatever the resistance levels are now But i'm not sure that's it i'm not sure that anything like that if it were to happen Is actually strong enough to break the trend, you know, like you would need to see the price make a daily Higher high or a weekly higher high or a few days worth of higher highs on the actual chart And then we need to consolidate in whatever that new range might be whether it be above 25 000 Whether it be in the 29 000 dollar range because there's a volume profile gap on bitcoin from about 25 000 29 000 So let's say we could clear that cluster and then consolidate there for some time And then begin to work our way back up But i mean that's that's literally just hypothetical Aside from that one hypothetical kind of idea I personally do not see any macro reason for bitcoin to consolidate or break out of its current downtrend Yeah, no, actually what you're talking about right there I think it'd be interesting for the viewers to see go ahead and go to the zoom call. I shared my screen here Um, you know, there's the vrvp the volume range profile Uh volume the visible range volume profile. There's got a lot of gaps in here I actually was talking with uh, you know people around coffee and crypto this morning about it The different holes we have, you know shorter time frame There's a little bit of a gap right here around 1905 where this former level of flat support was over the last couple days And then you start to get into the real big meet of all the volume right here And then there's a little bit of a gap right around 20 800 And then you have even more when you hit the the peak of what we've been in ever since back here in early june And then as you mentioned, there's a dip before 23 000 and then another one before 25 But there's a lot of there's a lot of hurdles and you can now go off my screen here You there's a lot of hurdles for bitcoin Even if it does start some bullish momentum A lot of different levels where potentially you might see someone who is taking a long take profit and not push it Anymore to the upside or even better Bears who are just sitting there waiting for a good short entry and uh, there's a and it's not just one or two There's like several before we even can talk about 25 000 again Yeah, and price hasn't been able to clear the descending Resistance line. So if you draw a trend line from all time high All the way to where price is now on a daily time frame The price has never been able to push above that resistance level Um each time that's where the bull the bear flag continuation basically taps that resistance the last time it was it was at like 25 300 It taps that resistance level um the bear flag breaks down and We end up legging them. So Yeah, I just I mean bitcoin To me is in an accumulation zone right now. It's time to dollar cost average into the asset people should be thinking about the upcoming halving and Um, you know those sort of things rather than trying to day trade bitcoin with leverage Um, I personally don't think it's time to ape into bitcoin If we dip below 19 000 like we did this week if we dip below the swing low at 17 800 If we drop to 15 000 or even to 11 000 If if you're a cash flush Perhaps in the $10 000 range that could be a place where one starts thinking about purchasing entire coins But I think you know given that the uh the price action is basically to the downside the smarter thing to do is Just to kind of average and slowly Or hold on to your powder and wait until we he kind of until it's clear that we've hit a bottom And entered a phase of consolidation And then start easing in and you know what consolidation looks like is flat range bound Trading just like from 2018 to 2020 the price was basically you could put a ruler on the Candles on a daily chart and the price follows it in a straight line And you should look for volume to be increasing on a daily or a weekly kind of time frame As that consolidation takes place and there's also a lot of on-chain metrics That can give investors insight into whether or not you know Um, it's time to start accumulating Wow, that's really good. You know something you said right there Let's go and jump into that is potential macro price bottoms for bitcoin And it's let's start with 15 000 because I know that you have a lot of relationships With people who are in the mining world What would happen to bitcoin miners that would affect the price pretty significantly if that bitcoin price did fall as far as 15 000 We actually just held a twitter space is um Oh, wait, there we go. Sorry adrian's telling me move my laptop back a little bit So, um, we actually held a twitter space is last week with an analyst, uh, colin harper from luxor mining um, who run a pool and then Joe bernett from blockware solutions who I think they provide co-location services and they also kind of Help people set up they are an industrial bitcoin miner. So they help people set that up So I had a chat with them last week and both of them said, you know 15 15 000 would pretty much be um, where many miners are looking at breaking even um And starting to fall out of profitability But there is not really a hard fast um Metric on that because cost of production varies depending on um Miners, you know cost of electricity per kilowatt. We could say the average is uh seven cents usd per kilowatt But there are people that are using renewables That are all the way down to four cents per kilowatt There's guys that are using like flared gas. Um, you know, like flaring from Um, uh oil production or like there are there's people that are flaring um liquid natural gas So they're using that to power generators. Um, that are then providing the power for bitcoin miners So their cost to present production is zero, you know, they're capturing wasted energy and using it to create bitcoin um So in that instance, like for them, they're agnostic to bitcoin price because they're essentially producing it for free Uh, but what you might see happen if bitcoin price drops to 15 000 or below and stays in that range Let's say for two three four weeks. What you might see happening is um Smaller or even larger miners Um start to struggle with like debt and some of them might start turning off their machines So there's less hash rate that's online. Um, you know, those sort of things could happen. You might see liquidation of certain like asics so different bitcoin mining machines and equipment might go on liquidation sale, but um Price dropping to 15 000 doesn't like Blow up the mining industry. It doesn't kill them. They're not going away It's it's a Darwinian type of thing. So the strongest Miners survive those that can secure the cheapest electricity Are the ones that will thrive. So you'll probably see more mergers and acquisitions take place and You know bitcoin mining is going to move wherever cheap electricity is So china banned it and it came to america, right? I mean it's already here, but our dominance of that industry increased Europe is going through a kind of crazy energy crisis right now And you know winter is going to be quite cold for them literally speaking For people in their homes. So, you know the mining industry whatever exists over there. It's either shutting off Or it's moving, you know, it's moving over to the west or further east Africa is an untapped gold mine and parts of the Middle East Are also kind of untapped when it comes to really low electricity So if some calamity happened in the united states where bitcoin mining was no longer you know profitable or favorable here Then you could see those that have the funds shift back into africa And into the middle east so on and so forth. So Yeah, it's it's interesting. It's a bit silly to Say that, you know, if bitcoin drops to a certain price Miners are going to get completely liquidated and shut down there will probably be another capitulation like there was and I think in june when price dropped below 20,000 a lot of miners related and Charles charles edwards his hash bans or hash ribbons on chain metric kind of shows that Um and his his kind of shows right now that prices capitulating also for miners Well, you know speaking of miners and you know, I want to transition us to begin to talk about ethereum But I'm gonna stay a little bit with bitcoin for a second. So of course ethereum is switching from proof of work to proof of stake There will no longer be miners. There'll be stakers That has caused a lot of unrest in the mining community of people who are making some pretty good money mining ethereum My question for you with your relationship with miners. Do you think that miners who were mining ethereum will just Hang up their shoes. They all right. That's it. I'm done Do you think they'll navigate potentially over to bitcoin? Or we've also seen it looks like a lot of miners are moving towards a project called ergo And it's having a massive uptick in price due to it What do you think the future looks like for former ethereum miners again other three options? Or maybe another one i'm not thinking of do you think they're moving to bitcoin? Maybe another altcoin or are they just going in going to sell their computers and find a different work I'm not exactly sure and there's a lot of theories out there and you know Three weeks ago there had been a ton of kind of conversation between actual miners On twitter and then telegram groups and all that and it was impacting You know ethereum price because we were like, you know major mining schools are going to hard fork and are going to refuse to To merge da da da. So all that's kind of died down, which I found interesting Something must be happening behind the scenes. Maybe they they're confederating or they've had some some, you know, like Meeting to uh to kind of tamp down the foot a little bit. So I'm not exactly sure what happens Or what will happen, but I imagine that for many people who have been mining ethereum for a long time The gears paid off, right and GPU prices aren't really attractive They've crumbled and they will continue to crumble as merge happens, right? Unless the merge is a debacle or it gets delayed at the last minute for some reason Meanwhile asics that are capable of mining on, you know, ethereum classic or ethereum The prices are still sky high there. So One thing that we could see happen possibly is maybe ethereum miners hop over to etc and just mine there if you think about mining it's not something where you need to be a zealot and Purely dedicated in an ideological sense to that one coin, right? For example, cadena.  They just launched some defy product But I mean from a fundamental analysis point of view Cadena doesn't necessarily look like a good investment to me buying that token because I don't know what it does And it's relatively young and new But from the perspective of mining I will mine the heck out of cadena because it produces money, you know And I can dump cadena on coup coin or other Deeply liquid markets and use it to buy spot bitcoin, right? Or I can dump cadena or I can dump etc Or I can dump ltc or I can dump zcash if i'm mining any of those and use it to Average into bitcoin or to cover my operational cost Of mining bitcoin if i'm running asics or posting them somewhere So, you know for ethereum miners. I imagine that their gear is paid off for that reason There's no reason for them to sell their gear And there's no premium on that gear right now, right? Like if I can hop onto another chain and mine Whether or not that chain is fundamentally sound etc has no daps on it, right? etc is relatively inactive etc doesn't It pales in comparison to ethereum in terms of utility But mining etc equates to money and if my gear is already paid off Why not do that? So uh or ergo this other coin that you're talking about so um, I don't personally, I don't I don't think that um Everyone will just check their gear off recycle it sell it and abandon mining. That's my personal view Bitmain also just released the e9 about a month ago. It's uh asic. It costs like 10k Um, and it is purely dedicated to mining eth and I think you can mine etc also. So Um, it's going to be interesting to see what happens That's very very interesting. That was a great take. Let's let's continue on with ethereum though Now we're going to get away from the mining aspect of it and the fact that it just moved to prove mistake What are your thoughts about this merger? Not even just for now this merge for ethereum itself Uh, how do you think it will ripple and have effects on the rest of the crypto space? Will we see ethereum? Will this just be a sell the news the sell the news release here in a week or so Or will we see ethereum actually start to move bullishly and will it take any other altcoins with it? Potentially, maybe even could this be a bullish catalyst for even bitcoin Or is it just kind of a flash in the pan and we're headed back down all the market together? um Well, there's a few theories on that and I just shared an article with adrian that we wrote about two weeks ago about Different strategies for trading the merge um A lot of a lot of things that happen in crypto are you know by the rumor sell the news events, right? So It is highly likely that We will see some post merge sell-off in ethereum price But does that change ethereum's? kind of like Does that change one's investment thesis for being bullish on ethereum long term? I don't think so Now if you look at like ethereum derivatives It's clear that what people are doing market makers and those with big money is their long spot and their short futures, right? so perhaps they're trying the game the supposed Hard fork airdrop that will happen. So people are still accumulating ethereum According to multiple data points, right? I want to have as much ethereum as possible going into the merge Assuming that it's going to be that i'm going to get three tokens out of it that I can sell on the spot market, right? but in case There's some catastrophe or things fall apart or the merge is the debacle Well, at least I am short futures so that I can kind of mitigate any losses that I might take on um on that kind of long spot position that I have But in the long run if ethereum becomes deflationary and it moves to proof of stake It seems to be to my benefit to still be holding ethereum and even buying a dip Um, if it if it sells off during the sell the news event because I can stake it um for like five percent at coinbase or 4.5 percent at ledo or possibly 10 percent At other places. I think kraken and ftx and binance are going to support ethereum staking defy Got totally rocked, but now that it's cleaned out Um, we should see a little bit more experimentation with new financial models Start to come out. Um, so if the ethereum merge is is a success well One year after that we get sharding where the network becomes a lot more capable And the theropoot goes way up. So I imagine if the merge is successful then People are going to want to look for yield on their deflationary eith, right and large eith holders defy protocols and such and market makers In this market, which is flat and bitcoins probably not going up. We're searching for yields, right? So ethereum looks to be possibly that asset Uh Which it already was and you know the whole defy summer It was that asset that people built upon and used to pursue yield on their investments. So There's three strategies that I can think of for ethereum one is simple just hold the token and hope that there is a few proof-of-work hard forks Uh and that you get them and that you can sell them on Polo or finance or whoever supports the proof-of-work token And just bag that money put it into bitcoin or stables or your favorite altcoin or whatever or more eith Second strategy is what smart money is doing which is being shortened ethereum futures and quarterly Uh options and then um being long, you know, holdling eith Um and getting that airdrop third option is to just trade the trend so you could stay in stable coins or whatever your favorite The uppegged asset is and if the price action is to the upside and it looks like you know Ethereum's going to continue to be a asymmetrical performer in the crypto market Well swing trade that trend ride that momentum whether it be to the upside or the downside In in if you are still bullish on eith Then profits derived from that momentum trade could be used to start to build a long eith bag So those are kind of like the three basic strategies I think part of the sell the news event Um that we might see with ethereum will be the unwinding of all those futures contracts all that open interest on On ethereum, uh that could kind of be the catalyst that puts pressure on eith price in the short term But um, I was just thinking about it as an investor myself the other day and reminding myself Okay, if the merge is successful or even if it's a debacle, there's like 500 dApps that are built on eith It's a 43 billion dollar market cap asset. Um but There there are really mature derivative markets built up around ethereum um non crypto businesses banks and investing entities like ethereum and are investing in ethereum, so Um, I don't think it should be the type of thing where one should panic sell their entire bag Just because maybe the price drops 20 or 30 percent if there's some issue with the merge, you know Like I think it's the type of asset that you should remember that there there is a plethora of kind of bullish Um fundamentals surrounding that asset And kind of just be hopeful Be hopeful that it's a success Yeah, that's that's really good ray I mean something we say on our channel at coffee and crypto all the time is that price is downstream of fundamentals So many people get wrapped up in price and think if a price of a project goes down That means the project must have gotten worse or vice versa if the price goes up the project must have gotten better That's not necessarily always true And I think that what you just talked about was a great great example of that My last question before I let you go for the day though, ray as a trader and for anyone who's listening right now Who wants to be trading more and looking for some good stuff? What project are you most excited about the trading potential of right now? Because while bitcoin is the biggest one obviously its volatility isn't as strong as some of these smaller cap coins What is your favorite coin to be looking at for trading opportunities right now? I am actually interested in atom or cosmos for a variety of reasons and we Um, we did an analysis on atom a few weeks back. Um, so i'll drop the link for that so everyone can go read it Um, let me find i'm going to share my screen real quick Yeah You know i've got 40 gazillion tabs open so The challenge of finding the one that has what I need that is that is always it Okay, I always love when people share their screens stuff and I get you can look at the tabs and be like, oh wow that person stays busy Yeah, yeah, I mean i'm an editor Busy is the name of the game. So I mean atom's already up today. It's up 6% trading at 1370 And like ethereum atom is a bit of a asymmetrical performer right now, right? So you can see it's trading and kind of an ascending trend line right now Where it's bouncing off of that The bottom trend line and hitting resistance at the top trend line Like pretty much any altcoin that was consolidating when bitcoin was kind of like Looking like it was going to turn 25k and to support Um, it's capped at the 200 day ma, right? So all altcoins and including bitcoin are trading below the 200 ma And what happens is they bounce up above it. They hit that and then correct, right? They either shoot through it and then come back to retest it as support and consolidate Or they shoot through it meet resistance and bounce down to the 20 ma Or they shoot to it and we all think we're getting bullish And then something happens with drone powell or some crypto scam like 3ac or tera blows up and then they lose the 20 ma and Drop to new swing lows before resuming that trend. So Adam is doing that, but it's still moving in an upward You know, it's moving to the upside price is trading above the 20 day moving average above the 50 day moving average You've got that kind of like that confluence between the two or the 20 crosses above the 50, right? So we've got a huge gap in the uh volume profile here and what I like about adam is that They are um, I think staking is like 17 apy on staking um, I think 69 of the available Circulating supply is being staked right now um adam as something is happening within the cosmos ecosystem where Um, they are launching some stablecoins different d5 protocols that are within cosmos are launching a stablecoin and you need to stake adam In order to create that stablecoin. So in the last two weeks we saw Adam staking rise by like 90 percent, right? It's fallen off a bit in the last seven days um IBC, uh, then, you know, like the interblock chain Interblock chain I forget what the C stands for But that's kind of meant to be the safe cross chain bridge And we saw a lot of hacks with cross chain bridges in the last six months And the harmony got hacked like 500 million ran got hacked and ran is in trouble because it's kind of like the Hacker's bridge of choice whenever a hack happens. That's where they bridge through You know to like Clean the coins or whatever put them on a different chain Ronan was hacked like a lot of cross straight cross chain bridges were hacked and supposedly what's unique about IBC is that it's a little bit more secure and unhackable Also, Van Ek, you know, Van Ek's uh Like a multi-billion dollar Uh fund like they have one of assets under management They recently wrote an analysis about adam In the cosmos ecosystem and in their view They see the price doing a 100 x and going to 140 dollars per token in their multi-year analysis And they cited a lot of the reasons that I cited attractive Uh yield on staking Uh that oh also terra completely collapsed on a lot of the protocols like d5 protocols and projects that were in the Terra Luna ecosystem have shifted over to adam or to the cosmos ecosystem So it's kind of the token that was supposed to blow up and it never did price did blow up during the bull market last year Um, but you know all the fundamental drivers of what was supposed to make adam The l2 of choice or the l1 of choice never came to fruition because the market completely fell apart So it's like the last great hope at this moment What I find interesting is ETH price action Is To the upside it's bullish compared to all altcoins and bitcoin and that's because of merge Adam is doing the same thing yet. There is no merge. So I find that you know compelling So it's been an asset that I've been kind of dollar cost averaging into I like to stay price agnostic So I don't care about the short term price of adam or bitcoin or ethereum If adam drops to five dollars, I'll just buy more if ethereum drops to 800. I'll buy more bitcoin I buy 50 dollars a week via Platform called swan, right? Um, I also mined bitcoin. So um that while i'm not profitable mining bitcoin right now I'm still increasing my bitcoin position, right? So I like to stay price agnostic because I think in the next bull market All of those investments will be profitable just looking at the market structure of the assets looking at the fundamentals of the project and their use case And there might have been one other reason why I was interested in those assets, but it's jumped out of my mind Well ray that this has been a great show so far. I got two questions from chat We're gonna speed round this because we're running short on time But uh, if you can answer these as quickly as possible rodrigo perera said any idea why bitcoin He said any ideas like bitcoin did not work out to be to date the store value uh People bought into antony pop pump liana's narrative and all the smart guys narratives that it was a Asymmetrical performer and that it was inversely correlated to equities markets and that bitcoin would become a risk on asset when Stocks and equities weren't attractive and that's not true If you look at the 90 day correlation between equities prices like the dow the nasdaq The s and p 500 bitcoin price. They've always been tightly correlated. Sometimes it breaks and one performs You know outperforms the other but it's only always in the short term from my perspective And and and also bitcoin came about As quantitative easing came about after the 2008 2009 Great depression or the credit crisis whatever you want to call it So bitcoin like other risk on assets thrives off of free money A fed that prints to oblivion and when interest rates were zero percent basically On the dollar so you know Quantitative easing has come to an end interest rates are going up the feds not giving out free money like they were before So everything's tightening up and you see bitcoin price tightening up alongside that So what we need to see is europe this probably too long what we need to see is europe coming out of this cold winter Or we need to see the eu start looking at easy money policies to save themselves from economic collapse Or we need to see if the fed Decides that hey, we're going to take some actions to help our friends overseas And maybe we get a little bit softer and more devilish on our our combating of inflation, but so far pal has not really even Put that into words or thoughts. So, uh, yeah, that's why bitcoin is not a bitcoin is money Bitcoin is an investment. I believe bitcoin is a store of value for people Who who are in economies that are that deal with hyperinflation like in venezuela, argentina and syria, lebanon bitcoins a better store of value for them Then their native currencies But as an investment tool here in the united states I am uh, I am you know 20 30 40 50 percent down on some of my bitcoin investments this year.  So, you know keep stacking those stats Good answer ray last one. What do you think about ad a waiting for the vassal hard fork? Hey, we just wrote an article about that yesterday. So I will drop that also Yes, you are resident technical and wrote that. Uh, so I'll drop that to you. Um, Charles hotchkinson said Um Cardano is stronger than ever and many other altcoins are also stronger than other than ever on a fundamental point of view But macro market fears and challenges continued away on the market. So, uh, Cardano did get like a 15 pop when it was announced that vassal was coming Sadly, maybe if um, if stock markets and bitcoin crumble as that hard for as as that upgrade takes place Then cardano might not, um Perform well in the short term even as that upgrade happens, but um, you know, there's still probably a lot of Fundamental fundamentally strong reasons to invest in ada 70 percent of it is staked um What we need to see from cardano is just more utility It needs to become a cross chain asset that becomes more integrated with defi You know like ethereum and other, um cross chain Defi um tools like I think cardano needs more utility to put a little bit more pressure on its price Great answers there ray guys, that's all we have for you in this video But make sure keep your eyes out for any articles written by ray because they are phenomenal Make sure before you leave this video you leave us with a like and if you're not subscribed to coin telegraph Go ahead and hit that subscribe button It is free and it helps push out better and good crypto content so that we can help the entire world Realize how powerful crypto can be for the future with that being said though guys. I'll see all of you next week peace All right, it's been a pleasure. Take care everyone


In this module, we shall continue with our discussion on risk management in Islam. In the previous module, we highlighted that the risk can be dealt with by way of avoiding it, by taking some measures to minimize its incidence and of course by sharing it. In this module, we shall use another specific example of risk management by way of our prohibition. And I mean by this prohibition of trading in options. Broadly speaking, there are two types of options put and called and those of you who have taken courses on finance, you would be aware of the differences between the two and of course their definitions. When someone buys a put option, they buy the option to sell in future. When someone sells a put, they buy an option to buy in future. In case of an American put or call option, the option holder can strike any time between the execution date and the expiration date. This is the American option concept. In case of a European option, the option holder can strike only at the expiration date. So this is an important difference between the American practice and the European practice. The options are bought by way of paying a price. So there is a price to buy an option. It is called premium, which is only a fraction of the actual price of the asset. Obviously, Islam prohibits trading in options because they are akin to gambling. Now, before I go to the next slide, I must explain why there is prohibition of buying option. There are certain things which do not have a value in the eyes of Islamic law. If this table has a value, of course you can buy and sell it. Certain rights, they cannot be bought and sold. Option is actually a right to buy or sell. Nothing more than that. So this right cannot be bought and sold on its own. Like Hakke Shuffa. You must have heard of it. If you have not heard of it, then ask your parents. Hakke Shuffa is that if your neighbor wants to sell his house and he is dealing with someone else, then you have a right to preempt this sale. It is called preemption right. Islam does recognize Hakke Shuffa or preemption right. However, Islam does not allow the neighbor, you, to actually sell this right to someone else or even to the owner of the neighboring house. You cannot say that when you have preempted Hakke Shuffa, then your poor neighbor can say that you can buy it. The price you want to pay, you can give it. You can say that you do not want to buy it. But you can give us money so that we do not use Hakke Shuffa. Islam embodies this. So there are rights which cannot be bought and sold. Similarly, this right to buy or sell in future, this cannot be bought and sold in an Islamic economic slash legal framework. Let us look at an interesting example. There is an option seller, this one, and there is an option buyer. Option buyer actually buys an option on Apple stock. Apple stock is a stock which is listed on New York Stock Exchange. So this option allows the option buyer to strike on a future date T-30. Say today, the price of Apple stock is 150. Today Apple stock is around 149, 148 and so on. And the option buyer actually pays $5 to buy this option on a strike price of 150. Now, if in the future, from today, under 30 days, if the market price of Apple stock moves like this, in such a way that on T-30, i.e. after 30 days, the price of Apple stock is actually 165.  So at T-30, the market price of Apple stock is 165, but because this call buyer has bought or had bought the option for $5, it would strike and would buy the stock for $150. In this case, the difference between the market price and the strike price is $15. So $15 minus $5 of premium the call buyer would be benefitting by way of earning $10 from this option. If on the other hand side, the Apple stock had moved this way, in such a way that the price of Apple stock on T-30 was $65. In that case, the difference between the strike price and the actual market price on T-30 would be $85. Of course, the call buyer would not be interested in striking because striking would mean that the call buyer would be buying something for a lot more than what is the actual market worth of the stock at that point in time. So in this case, the call buyer would be losing $5. Sharia scholars, they take a view that this is actually quite close to gambling.  This is a stochastic process. Tossing a coin. This is a stochastic process. The movement of prices in the stock market. This is a stochastic process. So when I buy something in such a way that a stochastic process which is beyond my control would or could benefit me, that is actually called gambling.


You need a financial advisor with the freedom to focus on your specific needs. Whatever your goals, Reeve Potter can create a game plan tailored to you. Call Reeve at 432-0777 at Pikeville, Kentucky to learn more. We like to pick up the trash alongside the road because it's not a pretty sight, so we just take bags and pick it up and we usually take it home and put it in our garbage. 83-year-old twins Caroline and Marilyn were honored with certificates of appreciation at the Johnson County Fiscal Court meeting on Monday, September 11th for their outstanding commitment to improving their community by cleaning up trash. We just like to walk. We have taken walks for years and we just walk along the road and notice a lot of garbage and so we just decided to bring sacks with us and pick it up. The work that Caroline and Marilyn do, it is so important. They did originally get started with this because they just love walking up and down the road where they grew up and where they live now, but they soon notice that there was a whole lot of trash, but they will both be quick to tell you now that there's not as much trash as there used to be in the community. We used to have more than we could carry almost, but now it's improved. We appreciate that. For over three decades, these remarkable siblings have been leading by example in the Redbush community by diligently picking up trash to keep their surroundings clean and beautiful. Johnson County Judge Executive Mark McKenzie commended the twins for their selfless commitment. Well, it feels good, something we never expected in a while to streams, did we? No. Reporting from Mountain Top News, I'm Ethan Miller.


You've been kind of on the lonely end, certainly on the Republican side of several votes pertaining to Israel. This is but one example, House Resolution 771, which is entitled Standing with Israel as it defends itself against the barbaric war launched by Hamas and other terrorists. And what I'm displaying here is a tweet from APAC, which is the Israel lobby, saying that you, Thomas Massey, are siding with the squad, with AOC and Rashida Tlaib and Ilan Omar and opposing, supporting Israel, opposing, condemning Hamas. You also were the sole vote against kind of a symbolic recognition of Israel and saying that anti-Semitism, or sorry, anti-Zionism equates to anti-Semitism. Could you just explain your stance on Israel, where you're coming from and what some of these, you think some of these critics might be missing about your position? Sure, that was the first of 19 votes. Today we're gonna take our 19th virtue signal vote here in Congress, but I guess I got off on the wrong foot early and have been voting consistently ever since. The title of that bill is wonderful. I have no disagreement with the title of that bill, but there are four or five pages that go after that title. Well, it's a resolution. The first objection I have to it was, there was an inside of that, an open-ended pledge of military support for Israel. We never declare wars anymore. The administration just kind of goes and does it and Congress keeps funding it, but they find the imprimatur for their activity right there in these resolutions. So the open-ended guarantee of support for that war that's contained in the text of that bill, but not the title, could have implied boots on the ground. And that may be the only vote we get to take in Congress on whether we're gonna do that or not. So number one, I don't support that notion. Number two, they were, in that resolution, they mentioned Iran. Okay, in the very first resolution, they're already trying to expand the war and incorporate as much of the Middle East as they can. There's some people that just can't wait to attack Iran and they wanna use this as the nexus to get there. So that was in the resolution, a condemnation of Iran. I think we should be trying to constrain the conflict, not to expand it in the first resolution of support that we passed. There were also, there was a part of that resolution, wanted stronger sanctions on Iran and I don't support sanctions, never voted to sanction a sovereign country in the 11 years that I've been in Congress. I think it leads to war. Sanctions actually create crimes only for US citizens because we're not gonna go put somebody in jail in another country who trades with Iran. What we're proposing to do when we pass a sanction is to make a federal law that would result in the imprisonment of a US citizen who trades with Iran. And it hurts the people who are in the country. I think it actually edges us closer to war instead of getting us out of war. So that and there were even more reasons to vote against that. Even though I support Israel and I condemned Hamas, I did that on my own. I put out a statement, I support Israel's right to defend itself and I condemn these attacks. But that wasn't enough. One that you took even more heat for was this one where you were the only vote against it. And it was what I guess you would describe as a virtue signal bill where essentially it's the house reaffirming the state of Israel's right to exist and to recognizing that denying Israel's right to exist is a form of anti-Semitism. Where are you coming from on these sorts of bills that aren't even really directly tied to any sort of military aid or anything like that? Well, I recognize Israel's right to exist, okay? Yeah. I have to preface all of this stuff with that because people would imply from a vote that I don't. But when they passed that, I said you're basically saying that anti-Zionism is anti-Semitism. And people argued with me that that wasn't Zionism. You know, that those words weren't a proxy for Zionism. Well, what's interesting is the next week, they passed almost the same resolution and they replaced Israel's right to exist with Zionism. So maybe I'm just giving them clues for how to write their bills more directly because the next resolution said that anti-Zionism is anti-Semitism. There are hundreds of thousands of Jewish people who disagree with that statement. In fact, Gerald Nadler, who's the most senior member of Congress who's Jewish, went to the floor and gave a five-minute speech, which is a long speech in the House of Representatives. This isn't the Senate, but he gave a five-minute speech on why that's untrue to say that anti-Zionism is anti-Semitism. Now, there are a lot of people who are anti-Semitic, who are also against the State of Israel, but you can't equate the two. And I think these 19 votes after today are sort of a, it's part of the war effort for Israel to make it hard for anybody in the United States to criticize what they're doing. Like every two or three days here in Congress, we're taking these votes, that a lot of what's in the resolution is just obvious and doesn't need to be stated. It's kind of like Black Lives Matter. Okay, you have to say Black Lives Matter. Now they're making, they're doing the equivalent with Israel now, Israel matters. And so I agree that Israel matters, but we don't have to take all these votes and some of them are going into campuses and trying to limit free speech by withholding federal money. If you allow anti, things that are considered anti-Semitic, by the way, let's take a second just to talk about that word. I've been called anti-Semitic for merely not supporting the money that goes to Israel. APAC ran an ad, they spent $90,000 in my district running ads, implying that I was anti-Semitic. And then in a tweet, said that I was anti-Semitic for not spending, not voting for the $14.3 billion to go to Israel. Even though I've not voted for foreign aid to go to anywhere, ever. Do people buy that talking point of APACs? The ad was not effective. Like when they run an ad in my district that said Thomas Massey was the lone Republican to vote against this resolution. And people are like back in my district, I have a history of being the only vote like that was a no vote, like on the CARES Act and explaining why it's a bad vote. And then a couple of years later, they find out, wow, why didn't everybody vote the way he did? So I've developed some trust with my constituents on those lone votes. I mean, Chuck Schumer has accused you of being anti-Semitic. He's blasted you on Twitter. I mean, here's the tweet. He said, Representative Massey, you're a sitting member of Congress. This is anti-Semitic, disgusting, dangerous, and exactly the type of thing I was talking about in my Senate address. Take this down. And what he's referring to is the Drake meme where he's saying, no to American patriotism, yes to Zionism, Congress these days.  Well, we ratioed him on that pretty soundly. I quote tweeted him and said, if only you cared about half as much about our border as you care about my tweets. And he's got like over 10,000 comments now on his tweet to me. It's, I mean, it's just simply not true, by the way. And the replies to him, you'll find somebody who pointed out that of all 535 members of Congress, he received this cycle, he received more money from pro-Israel lobby according to opensecrets.org than any other member of Congress. So it just, it rings hollow when he says that. And he's even in disagreement with Gerald Nadler, for instance, on equating anti-Zionism to anti-Semitism. And I'll admit memes are not the most precise way to convey a point, but they can be effective. And that meme, it doesn't imply that there's nothing in that meme that implies those two things are mutually exclusive. And that wasn't my intent. I was just pointing out that you could, it's okay in Congress to be patriotic for Israel, but you can't be patriotic for America. That's considered nationalism, which is American nationalism is a dirty word. And I know it's loaded and there are a lot of people that have attached themselves to it. But if you take it in the generic sense, it's pride in your country. So I used the word patriotism. Pride in America is looked down upon right now. It's out of fashion, but pride in Israel is something we have to vote on two or three times a week now in Congress. Hey, thanks for watching that clip from our new show, Just Asking Questions. You can watch another clip here or the full episode here. New episodes drop every week. So subscribe to Reason TV's YouTube channel to get notified when that happens or to the Just Asking Questions podcast on Apple, Spotify, or any other podcatcher. See you next week.