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The Bad Crypto Podcast

BCP 737: Market's Crash Due to Japan? - Bad News For Aug 8 2024

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.71.2K Ratings

🗓️ 8 August 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

It’s been a rough week in all the financial markets. What many are calling the Kamala crash due to the current administration's economic policies saw the crypto market have its biggest pullback in some time. Why did it happen and just how painful was it?

Top economists and bitcoin fans have much to say. Trump says the government shouldn’t sell any of its Bitcoin. Some US Senators want to make betting on elections illegal. And one longshot Presidential candidate is using AI to run his campaign.

Put on your big boy and girl pants today, friends, because it’s been a rough few days. We will attempt to cushion the blow with our innate form of humor and self-deprecation. This is our “make it hurt so good” bad news episode #737 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/737

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DISCLAIMER:

Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Support the show: https://badcryptopodcast.com

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

It's been a rough week in all the financial markets.

0:02.6

What many are calling the Kamala crash due to the current administration's economic policies

0:07.7

saw the crypto market have its biggest pullback in some time.

0:11.2

Why did it happen?

0:12.3

And just how painful was it.

0:14.0

Top economists and Bitcoin fans have much to say.

0:18.0

Trump says the government shouldn't sell any of its Bitcoin

0:21.0

and some US senators want to make it illegal to bet on elections.

0:26.2

One long-shot presidential candidate is using AI to run his campaign.

0:30.6

Put on your big boy and girl pants today, friends, because it's been a rough few days.

0:35.6

We'll attempt to cushion the blow with our innate form of humor and self-deprecation.

0:41.0

This is our Make It Hurt so good bad news episode number 737 of the bad

0:48.5

crypto podcast.

0:51.9

Five four three four four four 4, 3, 3, 4, 4, 4, 4, 0,000

0:55.0

2, 2,000.

0:58.0

Who's bad? And the It's okay everybody. We're hoddling you. It's been a tough

1:18.0

It's okay everybody. We're hoddling you. It's been a rough week hasn't it true?

1:22.0

Hoddle me closer, Tony Danza.

1:25.0

Chka Bown,

1:27.0

yeah, a rough week, man.

1:29.0

I mean, we saw stuff going down and then the bottom just fell out and people are wondering what's going on and honestly

1:36.8

if you've been through 20% drops before this is nothing new this this is what happens in the crypto world and everything little things going to be

...

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