Dave Reibstein

Hopefully, what it is that I'm going to be able to do is start to predict what's going to happen with crypto prices and use it as a guide for people about should you be investing, should you not be investing, etc.

And we could give some guidance about, you know, this appears to be a good currency to be investing in.

And by the way, I refer to it as a currency.

I don't actually think of crypto as a currency.

And I don't think people do either.

I think that they view it as a risky stock that one could be investing in, seems to be on the rise right now.

Why not ride the coattails of this comment?

As the price goes up, people feel more confident.

As they feel more confident, prices go up.

For example, if you look at our index that we have, it actually peaked around April of last year.

And it started to go down while the prices were still going up.

And then we see subsequently the prices sort of steady and then the prices starting to come down.

I fully anticipate we're going to see them take back off.

But it's going to be some consumers that are starting to look at it and say, hmm, you know, the prices have come back down to earth a little bit.

Maybe it's a good time to get back in.

I think we're first going to see it with a rise in confidence and then the prices will fall.

So it's really funny.

I often ask my friends who haven't looked at the data, who do you think is more optimistic and actually more invested in cryptocurrency, East Coast, West Coast, or the Midwest?

And inevitably, people say, well, it's got to be the West Coast because it's this tech, you know, newfangled thing.

It must be the West Coast.