Leicester On The BlockDAG “Blackout” - Featuring “The Ponz”
#Crypto #Cryptocurrency #podcast #BasicCryptonomics
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[00:00:00] out of cycle. You know, I don't really have time for bull and nonsense and chaos, and I'm gonna address a couple of things.
[00:00:29] CryptoTalk.fm. My name is Leicester. I am your host. I'm gonna address a couple of things. First, a Mark stop by. I'm gonna address the mark once and for all. I'm only gonna do it one time. Then I'm gonna address the blackout. I'm gonna address the chaos. I'm gonna address the future, the absolute frustration, anger, disappointment, distaste in people's mouths about things Leister told you was going to be the truth and had been
[00:00:56] the truth for many months but the consensus distracted you away from the truth that was here we are and I won't be able to tell you what it means I'm just going to simply take a victory lapse first the mark somebody's I it occurs to me that there are people that stop by that don't actually listen to the show because the people that listen to the show they understand Leister doesn't go to tell a scam I say that on pretty much every episode at this point I don't I do not have
[00:01:25] social media I dropped x like a year and a half ago because what happened is after Elon took over then they launched the premium pay some money to get a blue check mark which I'm not going to do then it didn't matter because people who had the blue check mark the when it's a cryptocurrency based x account they get attacked so then two things occur somebody's trying to crack the account right when that happens x puts you through this verification thing we got to fill out these
[00:01:54] puzzles and they kept doing it and I'm like screw you bro I'm not doing this crap learn how to do multi-factor like every other modern this is Elon so I I dumped the x account is the point I let it be suspended don't care it says screw it that's why I don't have x because x is garbage I have a Facebook I don't actually go to it it's for the brand I don't actually go to it but it's there in case somebody want to go but I don't go there I don't go to discord I have a discord I don't go there
[00:02:24] there's a couple of reasons why I don't go to discord that are not related to anybody there the bottom line though this person kept talking like well you should be you know you get more views and if you've anybody that's listened to my damn show understands because I've said it repeatedly that I don't give a fuck about YouTube views I don't care about going trending or I don't give a fuck YouTube is a cesspool the thing's only there because the podcast replicates there
[00:02:53] I actually happen to be one of the top podcasts talking about cryptocurrency because of consistency not because of numbers numbers don't mean shit the number of people listening actually doesn't mean shit do you know why it doesn't mean shit because you can pay for the crap what matters is consistency how many consistent episodes have you put out how strength what's the strength of your episodes
[00:03:19] right the strength of your topical matter the consistency of the messaging repeat listeners I would argue the strength metric the strength metric is consistency not raw numbers Joe Rogan is consistent in his podcast that's why he's the top dog I'm not trying to be him he has a video podcast I am an audio podcast because I am one of the naturalists who believes that podcast is
[00:03:44] radio thus it is audio because of that I don't give a fuck about views it doesn't matter YouTube is lesser a platform it simply is there as another medium I'm on tons of platforms some I don't even recognize but I'm still on them because of the way it's distributed so for this person who keeps squawking about getting more views I don't give a fuck about the number of views I don't care okay and this person
[00:04:09] had the nerve to encourage that I talk about the garbage known as block dag more often why should I do that for two there's two reason I'm asking this question why should I do that the moment I was doing regular coverage on block dag the consensus attacked me and people in that consensus who refer to themselves as an army that rhymes attacked and they told me they didn't want the coverage so I stopped
[00:04:36] for a while then what happens the leader of the consensus gets locked up allegedly because he can't hold his liquor I don't know if that's true that's what I saw and that's what people said the other person went AWOL since you want to talk army terms that motherfucker went AWOL abandoned you the person who those two told you that they had your back because they were allied with an incompetent leader
[00:05:02] and you followed them because they had you fooled here's the irony and this goes to my update here those people got used and abused like puppets on a string by the man you know who the man is they don't need to say his name he used and abused those two brilliantly in fact I predicted that was going
[00:05:23] to happen months ago I said and I will quote myself they are inside they're on the inside they are complicit what I was saying by me saying they're on the inside it's like the pied piper they played the skin flutes and you followed them into the chaos we now have Turner was incompetent Turner didn't have
[00:05:49] the skill to stop what was going to happen it was going to happen anyway it just so happens that it went faster Nick damn sure wasn't going to stop it because he was complicit because he went along with it for the longest time so all that happened was steering you were steering you were hopeful you were optimistic meanwhile you attacked the one slash two people who were trying to truly warn you off of it
[00:06:14] mind you other people on YouTube might have been trying to warn you away from it but some of those people on YouTube actually turned against me too because I take a very conservative centrist approach to my analysis which is to simply say at that time I didn't see scam I saw blistering incompetent fools and idiots that don't know what the fuck they're doing with a project like this
[00:06:41] that's what I said go to my audio and you can hear what I said I don't care I want you to hold me to what I said because I was firmly what I said and there's a logic which I'll get to as I close off blackout hits people are so I can't even give it a word the fact that they're duped again again by
[00:07:05] something so blatantly obvious I saw it a mile away the moment I saw blackout I knew it has to be another marketing something why let's break down what I told somebody else who didn't get it because there was an article on coin gabber b dag crashes 32 percent and I told people this image this tells you
[00:07:29] the story because why would there be any articles talking about a price movement on a blackout instead of an article saying block dags resetting instead of an article saying block dags getting back on track instead of an article saying block dags has a leadership shift think about how real businesses advertise what's going on they talk about the event not the price these idiots coin gabber they put up a
[00:07:57] thing that's talking about the price and other idiots actually followed it and they read it literally instead of implicitly literally wait a minute it didn't crash 32 percent of course it fucking did don't quit fixating on price I don't get why this is why you keep getting duped because you keep focusing on price when I told you countless times it doesn't matter when I told you your coins in the
[00:08:25] lockadoot doot doesn't matter do you understand now given the so-called keynote six which is an AI reginald broccoli do you understand why I said your coins that locked in there don't matter and never did matter do you understand when I repeatedly tried to warn you ignore price it doesn't fucking matter this is what I keep saying to people and they don't listen they see this and that's why it keeps happening
[00:08:53] the marketing keeps happening because it works because it dupes people who are not thinking behind price they keep focusing on price you know it didn't crash 30 percent use your fucking head to close Mary Wells use your head use your damn head if it didn't crash 32 percent why would there be an article saying it did why would such an article only be on one site who is it that would have put the article up there there's only one answer you know who the answer is think about why they would do that
[00:09:23] they would do that because they're trying to drum up some sort of attention to tell people okay there's a blackout there's something going on this is a bad thing right if it's trying to promote it as a bad thing then why would they do it because it would then sell you on what they're doing later as a good thing to try to offset it it's a psychological trick the same thing that happened with the car
[00:09:48] salesman on Seifu he did the same shit if I was to step down a ceo who would take my place he did the same shit this is why it's so predictable because he's following this person is following the same script that car salesman one car salesman two car salesman three russ the cult leader cliff idiot on shinja every single one of them are following the exact same script and yet people are still
[00:10:12] getting duped and it's beyond me why it's so hard for people to use basic common sense when dealing with this shit I don't get it what happened some of you might not even know what the fuck's going on right you should listen to the keynote because it'll piss you off rightfully so because what happened
[00:10:33] is what was destined to happen and I don't even know how this would work unless we accept what Leister told you to be the truth which is it's a geth fork if you accept what I'm saying you need to come back give me my credit because I said that countless times despite multiple people telling me it wasn't true well explain to me sir or madam how is it possible block bag is listing now a quote
[00:11:02] new bdag that they're distributing remember a blockchain can only have one gas coin so how is it possible that what you have is the gas coin for block dag yet they're launching another coin for block dag I want you to explain it one of two things must be true they said on their write-up stuff that this new bdag is going to be the gas coin for bdag going forward if that's true how can what you
[00:11:31] have be the gas for block dag it can't because you only have the fucking one unless you migrate it there can only be one at a time they said you're going to keep both they said you can be able to trade both they said the quote legacy one will stay on the exchanges how could that work unless you're dealing with a straight-up token if you're dealing with a straight-up token it must therefore
[00:11:53] be a geth fork folks for you motherfuckers who came at me saying it's not do you understand how you sound because you don't know what the fuck you're talking about and this is why you get duped and taken get your stuff took repeatedly by people like this that's what happened now you have a whole new allegedly coin with another 150 billion in coin supply out of thin air nowhere that's what you've got
[00:12:22] it's possible they spun up another chain i don't know because there's not enough data yet that'd be the only other logical way that you have two coins but then they wouldn't be able to interrupt on the same chain id because remember when you create that in your wallet you have to tell them which is the one that is the gas you can't have two doesn't work that way you're doing that it's no different than minting coins above and beyond the max supply which would kill sentiment wouldn't it
[00:12:53] this is the reality of why you need to listen to the right people instead of the wrong people and because you listen to the wrong people for so damn long it was already too late it was already a dead in the water i don't know what it means because they keep saying that the quote legacy b dag is always going to be there then they said well the b dag you have you're going to get an equivalent that's not true it's partially true it's partially not true because what they're talking about are coins that you
[00:13:22] have not claimed coins that are locked up coins that are not they've not claimed you're not they've not hit your wallet none of that they then on simply a transaction so they basically wrote it on a ledger this is referred to as cooking the books in accounting on a ledger they just wrote that you got an equivalent amount of coins as what you had still locked in there and no i'm not talking about the 50 billion from the fake after sales i'm talking about the compressed amounts whatever the compressed
[00:13:50] amount is they gave you an equivalent the thing is they didn't really give you an equivalent because you didn't get any wallet if you don't have any wallet you don't really have it it's nothing more than a transaction they're creating artificial transactions to try to jump up interest this then people say is a ponzi scheme it might very well do because if you took that money to spin up this new project and by the way they're doing another pre-sale of 25 rounds then it gets very dangerously close to a
[00:14:16] ponzi scheme yes that's true here's where i'm gonna shock you that rhymes here's where i'm gonna throw you for a loop do i think this guy is trying to is intentionally trying to rip you off no i actually think this is a tacit look it up admission of failure to me this is i'm throwing the fucking towel i can't
[00:14:43] fix this shit we oversold it's in writing the oversold turner's on record saying the oversold we know they oversold it turns out the tap miner is what kicked them over the edge which i said months ago nearly a year ago that the tap mine was a bad idea and they shouldn't do it for this very reason because it didn't make any damn sense because that scale it was going to over steep it turns out and somebody sent me some screens which i'll quote some numbers from and i appreciate them sending it
[00:15:14] 1.8 a win rate so what they're talking about is okay as you tap and here's the rewards that that's done then they end up over the tap miners will kick them over so for those people that are like what about my tap miner points and all the stuff that i might this is why you haven't gotten anything because they overkilled it they went overboard so then you're like well what about this excessive after sales and pre-sales and you know live swaps and all these other things those are always points based things it's essentially they're just giving you points
[00:15:43] and they do a compression which is nothing more than fancy price trickery they're showing you one price but they're really selling you equivalent to a different price that's all they're really doing so the number is always lower if you have some locked in there then they allegedly gave you new b-dag in exchange and this keynote six with ai original broccoli says you didn't lose anything the truth is you might have lost because if you bought from exchanges like you should have done
[00:16:07] or the ones that you claimed you are not getting new b-dag for those that means that means the only people that this really even partially benefits is people who did not claim anybody who did not claim allegedly will get the new b-dag in addition to the legacy b-dag but i don't see how that works they claim the dashboard's up to date it's not it's still a buggy shit show it doesn't show both sets it only
[00:16:32] shows the one so i can't tell you what that means i can only tell you based on what i see the only people that would allegedly benefit from this are people that did not claim and did not buy from the exchanges if you bought from exchanges like you should have done for what i can tell you're on your own that might not be a bad thing but we need to understand the state of the damn thing is it a coin or is it a token that has to happen when i'm one because in your wallet it is treated as a coin
[00:16:58] then we need to understand what the so-called quote new one is if the new one comes out as a token okay well whatever then it can't really be the gas so there's unanswered questions is my point and because they're unanswered questions it creates negative sentiment so having another pre-sale claiming there's going to be a hundred million in liquidity pumped into the damn thing for what you're not going to get the new one on exchanges not when you're listing the legacy one quote
[00:17:23] which you said is not going to fall out this again feels like a tacit admission of failure they cannot fix the current one despite what they want to do despite what i think they should do they don't want to do that either so they can't really otherwise fix it they oversold the damn thing they don't have a way around it they tried this buyback crap we don't know what's going to happen there they tried more sales to encourage more buyback didn't really didn't really work turbo they only sold 56 000
[00:17:49] worth of shit like this is you got to understand this is people that don't get because think about it if they were really trying to just take every last fucking dollar from you right why would it make sense to have a fractional price why would it make sense to have a dirt nothing price it wouldn't make any sense they've not done any artificial pumps of the price since they've not done anything to artificially pump the price why what you got to think why would you want low fucking prices it
[00:18:17] doesn't make sense because even if you take the money they're still giving stuff they're just worthless coins it doesn't make the price doesn't make sense for the strategy of straight up malicious it doesn't make sense if i was talking somebody like car salesman on seifu who wanted something malicious they're going to cause pumps they're going to do everything they can to artificially pump that shit whatever it takes to get that price to artificially pump they're going to do it that's what
[00:18:43] satama did and they were noted scammers here there he's not doing anything to trigger a pump he thinks he is but he knows he's got to know the stuff he's doing is 2021 all over again there is no modern common sense to anything he's doing that's what i'm saying to you this is somebody who doesn't know what the fuck they're doing that's what it is you got somebody does not know what the fuck they're doing
[00:19:09] and they're throwing shit against the wall hoping it sticks and this latest is simply a tacit admission that they failed they failed and he's trying to do something anything out of desperation and he's just throwing shit he's not even thinking about sentiment he can't be if somebody if somebody was thinking about want to rip you off right you would want to gain their trust you would want to gain their confidence
[00:19:35] if you wanted to trap them you would want to gain their confidence in doing so nothing of what he's doing is designed to gain confidence at all everything he's doing is designed to turn you off from buying so why does it make sense to do another pre-sale of 25 fucking rounds after a two-year project do you see what i'm saying it doesn't make sense for a smart logical scammer it does make sense for somebody that doesn't know what the fuck they're doing and doesn't care about the sentiment of it
[00:20:02] doesn't he want to hear about the sentiment of it doesn't have any sort of sympathy for the sentiment of any of what he's doing he just thinks he's going to try shit and go and do shit that's what he did his other businesses that's what i see here he's just trying shit and it doesn't make any fucking sense which is why i said if you're going to buy which i'm not telling you to i'm not telling you not to i'm saying if you are stop buying for the fucking site because that's in his control
[00:20:32] that's in their control if you buy from the and as long as people keep doing it which i think some of them have stopped i think most of them stopped but as long as they keep doing it that's what they're going to keep doing get to force the hand because he doesn't understand that rhymes he doesn't understand the value of the exchanges i don't know if the consensus really did blockade them from exchanges and maybe this new is how he's trying to do an in run around that i don't know if that's
[00:20:58] the case i'm saying to you from my lens i don't see malicious intent i see somebody that doesn't know what the fuck he's doing and he's trying whatever he thinks is going to do something but none of it makes any sense you launch a casino you say there's millions of dollars coming from the casino yet that you can't inject any liquidity in this project over here you say there's close to 100 million in liquidity bankrolled for buybacks but yet you're out to september to october you can't
[00:21:28] seem to do it sooner but then all of a sudden you do some sort of coupon to get it done sooner then you do a blackout you don't explain the stuff you're delayed on getting the keynote six you say initially it's going to be you on the keynote six then you do ai reginald broccoli then when the keynote six comes out you basically tell people you're going to ponzi them how could i not refer to you as the
[00:21:52] doing is a ponzi because the money that you would have collected had to have gone to support what you're doing now that's a ponzi by definition i challenge you to look it up so in summary i'm not telling you it's not a ponzi because the moment that announcement was made the moment that they said we are going to launch another something knowing that they fronted off the backs of other money
[00:22:16] that by definition is a ponzi scheme that's what it is the re the way they're trying to get out of it is in the keynote they said you've lost nothing you're getting equivalent the flaw is you're not getting equivalent if you bought on exchanges it's not a straight swap it's not a straight one-to-one because anybody who had claimed already or bought on the exchanges isn't getting those the only way they make it fair is they'd have to airdrop look at the wallet here's how much you have in the
[00:22:42] wallet we're going to airdrop you that same amount of the new to make you whole it still doesn't matter because there's no value in the new at this point and there's less value in the old because it's bottoming out this is stuck in the middle he's in a corner he's trapped himself in a corner in his desperation to try to do something that's what i see and i don't see he's maliciously doing it i see he's desperate doesn't know what the fuck to do he's at wit's end and he's trying and i think it's
[00:23:12] the last pitch in my mind he says 10 years to me i think a rebrand is the only thing else he could do because what else do you have left you tried everything now and it's failed there's no ceo from cardano there's none of the other stuff he said all you've got is essentially a ponzi scheme left so number one so you can learn from this number one okay many of you not all of you but many of you
[00:23:39] were duped you were lied to you were tricked because turner was never going to save you which i said turner was never going to save you nick damn sure wasn't going to save you if nick left on his own i don't know that he did but if he left on his own you got to ask yourself the question why would nick leave after accepting the position is it possible that nick was lied to about what was going to happen and then he gets in there and realizes he's in over his head doesn't know what
[00:24:08] the fuck he's doing either but when you supported turner when you turned on everybody else you supported turner you fucked yourself folks some of you you fucked yourself because turner was incompetent he was feckless look it up and he allied with the consensus we didn't know what the fuck they were doing either and that that action him think about this that action him going rogue like an outlaw
[00:24:36] caused an overreaction on this side over here you got to consider we might not be here had it not been for the consensus allying with turner and causing him to go rogue which i warned back in i believe november i think this is bad i think he's going to be a now it's going to be an urgent something they're going to just rush and cut and run nobody's going to be happy at the end on the back side here
[00:25:00] we are folks learn get better do better it was obvious to see what's happening you can't do anything now if you if you're locked in you can't do anything about it if you have coins that you bought or that you claim that you're sitting on you can't do anything about that either there's not really much you can do about any of this stuff for one main reason because they never put the damn thing
[00:25:26] on uniswap if they had put it on uniswap at least people could freely trade the legacy if they all wanted to then you would just have like a lunaclastic situation where the community can kind of control what happens to it and then hey if you want to go and ponzi off that new one we don't give a fuck but we're going to trade our shit over here can't do that either because they refuse to put it on
[00:25:47] uniswap we can't without a bridge because it's a coin allegedly the brilliance of the trap the singularity of the trap this is what you've got this is where you're at that rhymes so i can't give you any directive all i can say is do better you trust the wrong people you're listening to the wrong people you're not watching the pattern of marketing blatant obvious pattern of marketing
[00:26:15] that got you here that's what got you here okay i have no idea what goes next all i can see is i maintain i see a kid who doesn't know what to do he does not know what to do he's trying whatever without any regard for sentiment he doesn't think sentiment he doesn't care if i didn't know better
[00:26:43] i would swear he's doing something to try to force the we're not just 600 million to still be a thing like i can't think of because even let's say they okay we do the new and do whatever the fuck turbo failed they didn't sell enough so why would you think that a new b dag is going to do any better than the fucking turbo that doesn't make any sense why would you lost a new b dag with 150 billion when you can't even sell the old one it doesn't make sense none of it makes sense none of it makes
[00:27:13] sense that's my point none of it makes any damn sense because you can tell by the turbo numbers they're not getting significant money at what point do you realize this shit's not working maybe we need to stop doing it let the fucking market work so that the price goes up and then we get the money we might want because remember there's a team wallet that's 20 if the price went up you'd get your 600 million
[00:27:38] easy if you just let the fucking market work on its own and you put it on uniswap i guarantee you it's going to run just because it's essentially a meme coin and everybody loves a good meme and putting memes about block dag and its leadership is an easy business right now but they're not even smart enough to take advantage of the fact that they're a meme they're not even smart enough to do that they're not even smart enough to say fuck it let's go all in on the meme shit they got kicked off that was a
[00:28:06] stealth and an nft so you don't have that you claimed you do you don't have that you don't have the exchange you're not going to get licensed on that one allegedly the ai is down i didn't check because it's whatever and it was hidden buried i like that mark that came by said it's not it's gone casino is non-functional do you understand where i don't i don't see malicious i see incompetent i see the dumbest set or single person or set of people i have ever experienced in crypto and
[00:28:36] that's broad ground given we had fucking manny the rug puller i don't know i don't know you

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