I don’t own any BTC, but I’ve been waiting to dive in and buy after educating myself with your videos and Saylor’s. I think this is the right time for me. I’ll start small and gradually build my position. Thanks for the (NFA) haha 😆
I have enough sol now to get a whole bitcoin but if I time it right I could probably get two and change. Head fried always wanted a to be a whole coiner am I mad
PLEASE PLEASE PLEASE PLEASE ADDRESS THIS! The claim is that the bitcoin etfs have bought 18 BILLION worth of btc to date. From January 11 2024 to August 15 2024. Price chilling at $60,000 usd. Price has remained within narrow range from March 1 2024 - August 15 2024. That’s 6 months where price has moved zero. And 7.5 months since the etf was approved. The nearly doubling in price occurred in 30 days between February 5th -March 5th: Accomplishing this feat with 6.6 Billion Net etf buying for that month of February. Since that month, 12 billion has net inflowed with ZERO adjustment to price.
Yes there is definitely price suppression for BTC, but this can only be manipulated short term, no later than the end of this year. Likewise fiat based markets are being manipulated, but oppositely are over supported to maintain the illusion economies are solvent & stable. However this also has been sustained longer than the real numbers support, through various instruments and methods. At some point there will be a big wobble, all fiat prices will drop for investments, but the become correlated to real numbers again and BTC will take off in devaluing fiat terms, as everyone realizes they cannot believe previous spin and manipulations any more. However at this point they may make BTC hard to get, so accumulation of BTC is key to do now, whilst you can, some may say.
It’s a great point that often confuses me. They can buy OTC and it doesn’t affect the price, eventually if there is supply shock then price could really sky rocket? But 🤷🏻♂️
James, I’ve always agreed to the theory that silence can make you implicit. I realize political statements can make you enemies, but, when one side is obviously against most things you stand for, free enterprise, pro crypto, lower taxes, less regulation, free speech and on and on, I think standing up for the right side is important.
The thing is, USD has the cleanest shirt. The game can go on for a long, long time. Look at Japan! We get to yield curve control before becoming the Banana Republic. There is a lot in between getting to that point.
I know that learning the ins and outs of the market isn't for everyone, and that's why personally, Jonas Herman, an expert trade analyst oversees my trades in ways that have me good return.
Do not forget that when it comes to investing, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence. It’s pure gambling.
Hi james! I have been following you since more then a year now! And you are the reason why I bought SOL at $10 - $21. I am looking forward to see for an extensive analysis on depins that are on SOL. I followed one of your previous one that was about SHADOW!! Looking forward for some more great stuffs!
Reason why hash has gone up 5x higher than BTC price is because the ASIC chips can produce more hash per joule of energy as more modern ASIC chips are developed. A more accurate way is to compare cost of energy used in BTC mining to BTC price and then you will see a near horizontal line. Implying that as BTC price goes up, the amount of energy used in $ is proportionally the same. And miners that can reduce the cost of their energy $ consumed for mining makes more profit.
This is a great breakdown of the current state of crypto, especially the part about token unlocks! I've always felt that those are a huge factor in the market, and it's great to see others finally recognizing their impact. The small cap gem becoming a large cap turd is a perfect way to put it.
This video is a goldmine for anyone trying to decipher the current crypto climate! I especially appreciate the focus on the hash rate and how it's influencing Bitcoin's price. It's fascinating to see the hash rate going up so much while price remains stagnant. I'm curious, though, what's the impact of the monolith movements on the price? It seems like there's a disconnect somewhere, but I need to rewatch those sections a few more times to make sure I get it right!
Maybe there is no disconnect, but a flaw in the thesis that hash rate influences price 🤷♂. This sport is pvp, you only win by hiding your moves from retail, and leading them down the wrong path.
Regarding ICE: had a moment the other day sitting in the park in Germany watching people riding their bikes. 90% of them had electric bikes. Electrification of cars may not have arrived in Germany yet on larger scale but I'm certain it will turn out exactly like the bikes.
If hashrate goes up 5x that doesnt mean that the network is 5x more secure. The question you should be asking is how much does it cost to generate that amount of hash.
Re MSTR, my understanding is that this time, Michael Saylor will be funding BTC purchases with additional stock issuances instead of low interest long-term loans. Which is better for stockholders? Returns on shares have been astronomical. Given proposed share issuances, does isn’t the issuance produce more dilution and effect on EPS than previous loans? Are you still buying MSTR shares instead of BTC ?
The price will always following bitcoin there cannot be any dilution. Bitcoin goes up mstr goes up. It goes down mstr goes down. Don’t know how u haven’t noticed that pattern.
@jimscheltema670 I believe its relative as the probability, based on history, is that he uses the proceeds to acquire more Bitcoin, which drives up, AND Ensconces, shareholder, especially long term, value.
ICE and Hybrids will not die anytime soon. In Europe the EV sales are going down. In most countries majority of sales are for companies that have ALOT of tax incentives from the governament. The average joe doesn't have it. Most car manufacturers are cutting down on the EV revolution because the real buyers (non-companies) are not rich and live in apartments without a chance to charge the vehicle. Even Tesla is starting to struggle. ICE and Hybrids are the logical option for the next decades.
I wonder James. You talk about how bad unlocks are for tokens. Isn’t that essentially what MSTR is doing when it issues shares to buy bitcoin. Or a miners are doing it when they issue shares to buy rigs. It seems to me that these stocks rain on the investor without warning. Is there anyway for retail to have a heads up to avoid this dilution?
Thanks as always James, brilliant Alpha every day, love the show, look forward to watching every single day! Hypothetically, with everyone rushing to get rid of their rigs, if price does boom soon , which it will of course, do you think you could pick up a rig cheaply and make money on it in near future?
19:57 in terms of global liquidity lagging the price of BTC , it’s normal. Typically it’s never instant or quick to react but it does react. A good exemple that was recent and one that will likely look similar to what will happen is the 2020 liquidity Injection. BTC took some time ( quite alot for its standard ) before it pumped up with massive candles.
I understand how unlocks dilute the value of the asset, so can anybody explain why Sol has an infinite supply yet it is not mentioned in any of James' shows. This is wide open for VC's to pump and dump on retail and suppress any future price action. Thanks in advance.
What do you think of MARA, launching convertible notes to BUY BTC instead of mining? Adapting a mix of mining + MSTR model. Till their efficiency/ costs lags kinda makes sense to just buy BTC while improving operations in parallel no... Their HODL increasing
Thanks for the kpm James. The etfs increased ownership of total bitcoin supply deeply concerns me ( blackrock and fidelity specifically). If they reach 20% of total supply this will affect the bitcoin halving and bull case in my opinion. Don't trust those maggots
We don’t stand for pyth slander round these parts partner we did have a massive unlock yes but the first hour of the day on the unlock we went from .35¢ to up to .50¢ correct we have bleed out more since then but I’m still a firm believer and supporter of pyth and imma continue to dca at these damn near entry level prices still love ya James appreciate the work you do most of us can never thank u enough for spreading the real truth and data in this wildly misinformed and confused world
Hash rate follows the BTC price. Always does. If BTC price goes down, the slower miners loose money and have to turn off their rigs, bring the global hash rate down. If BTC price goes up, mining becomes more profitable and so more miners are turned on to capture that profit, raising global hash rate.
Solana is great but if it got hit by a black swan like outages or a big scandal, what coin would take second place? Im guessing avax but curous what the data says?
The real facts on FSD; The Analyst Takeaways: Stein tested FSD V12.5.1.1 in a new Tesla Model 3 with a similar setup to his first two tests of the Tesla technology. The analyst said the weather conditions were clear and dry. One notable difference in the third test was a Tesla representative required the analyst and his 16-year-old son to sit through an on-road FSD demonstration before they got on the road alone. Due to others waiting to test drive the Model 3 and a 20-minute time limit, the third test also featured a closer destination than the past two tests from the analyst. "I feared the more straightforward route would be much easier for FSD to navigate - offering a sort of ‘half test' that would be unremarkable. I was wrong," Stein said. The analyst said the vehicle made a left turn from a "second-from-left" non-turn lane through a red light, breaking two driving rules in one move. The vehicle also drove in the middle of two lanes on a twisty part of Bronx River Parkway, prompting driver intervention. Stein said the test showed "more human-like behavior" and had path planning and execution that worked. "Acceleration, deceleration, lane changes and lane positioning felt more smooth and human-like, less herky-jerky and artificial, than prior versions." Read Also: Tesla Q2 Earnings Highlights: Revenue Beat, EPS Miss, Robotaxi Update, 2024 Growth Rate To Be ‘Notably Lower’ Than 2023 Stein said the two illegal moves prove that FSD v12.5 does not "solve autonomy" or get close to robotaxi capabilities Tesla is working on. "In fact, my 16-year-old son came away ‘terrified.' I wasn't so sure." Stein said the "third time was not the charm" with the test of the Model 3.
High hashrate should be bad for miners.... and somewhat bad for bitcoin price, as they will need to sell more. Lower hashrate should be better for us, right?
Pyth didn't dump after the unlock tho... After listening to you talk about everything being a pair trade I swapped all my Pyth into Jup. Since then I check almost daily at what the value is if I swap back again.... And would you believe it it's been virtually the same the whole time they were both going up and both going all the way back down. So my take is if Pyth dumped after the unlock then so must Jup have too 🤷🏻♂️ I just had a quick check again now before I posted this and sure enough if I want to swap my Jup back into Pyth I'll have a tiny bit more than before
@@AlexofCharmCity why? You can't dump your unlock before it's unlocked. Sure people sell some in anticipation of the upcoming unlock dump but the dump never came. It's trading exactly the same ratio as it was before
@pauldavidson317 I was aware of the unlock and dumped everything 1 month before. It's substantially lower today. I had held since last November. I'm not sure what you are looking at but the price a month before and a month after isn't the same.
@@AlexofCharmCity the price a month before is irrelevant. Markets move fast and the entire market is different within days never mind months. People can't dump their newly unlocked tokens if they haven't been unlocked yet, it's pretty basic logic 🤷🏻♂️ How about looking the day before, the day of and the day after the unlock? Surely you understand if people dumped their unlocked tokens the price would have cratered the day of the unlock right? And the price would still be suppressed going forward. But no, it's been the same ratio as Jup throughout and as far as I know Jup didn't have an unlock for people to dump in perfect synchronization to Pyth
@pauldavidson317 jup had its second largest distribution yet last month, so I'm going to have to assume you are just ignoring data because you have a pet theory. An additional 160% unlock puts massive sell pressure on the market pyths value was cut in half and then some. Also staked pyth can be unlocked every Thursday. You repeating an obvious point doesn't make it more valid. Yes locked coins can't be sold, we are talking about an unlock that already occurred. So you can say it as much as you want but they massively diluted the value. As well as created a much larger hill to climb for the value per token to rise. Pyth is one step off of a meme coin and everything is still about rampant speculation. The project could easily accomplish its goal without a on chain token to use for gas. But if you really want to grasp what will happen with pyth in the best scenario look at chainlink and the way they rain down Tokens.
Hash rate is not the most important metric in my opinion. Also Increases don't always mean more security as computer chips and ASIC's are constantly improving. This will naturally cause hash rate to increase from performance improvements but its also something available to any bad actors and not increasing the cost to attack the network...its actually lowering it unless the hash rate increases at a similar pace.
wow! two times more inflow into ETH in one week than into SOL YTD. the blockchain is winning, the database is losing... but it's fast yes. databases are fast. haha.
The Chokepoint 3.0 slide and info is simply sharing FUD. I wish you'd stop sharing other people's speculations and commentary as if they were fact. This goes well beyond "just sharing the numbers and data," which I have great respect for.
Another great video
So pleased to hear thank you so much for coming
@@InvestAnswerswhen miner video?
@@Muhammad11776Projecting much? 😂
@@LazaroDelSol yeah clsk has got to very undervalued and over sold rite now
I only have a little over .05 Bitcoin which doesn't seem like a lot, but the future will be those with Bitcoin and those without. I'm glad I have it.
A journey of a 1000 miles begins with a single step.
5 years from now you're going to feel like a genius.
Best thing you can do is keep adding a little at a time, I have .2 and I want more.
0.5 is my goal!
@@seinfeld121 Ah, Confucius: great saying, & so applicable.
I was just in China for two months. I counted over a hundred different car manufacturers, not models, manufacturers. Pretty amazing stuff.
I don’t own any BTC, but I’ve been waiting to dive in and buy after educating myself with your videos and Saylor’s. I think this is the right time for me. I’ll start small and gradually build my position. Thanks for the (NFA) haha 😆
Gotta get off that 0% allocation
I have enough sol now to get a whole bitcoin but if I time it right I could probably get two and change. Head fried always wanted a to be a whole coiner am I mad
You can do it !!!!@@SolHulk
Wat are u waiting for? ???
NFA but the price could go parabolic at any time I’d buy in with at least 1/3 of your capital now if I was you
Thank You James, always a pleasure to watch the show and I admire You for keeping that joyful and positive mood always. Take care 💖
Thank you kindly
PLEASE PLEASE PLEASE PLEASE ADDRESS THIS!
The claim is that the bitcoin etfs have bought 18 BILLION worth of btc to date. From January 11 2024 to August 15 2024. Price chilling at $60,000 usd. Price has remained within narrow range from March 1 2024 - August 15 2024. That’s 6 months where price has moved zero. And 7.5 months since the etf was approved. The nearly doubling in price occurred in 30 days between February 5th -March 5th: Accomplishing this feat with 6.6 Billion Net etf buying for that month of February. Since that month, 12 billion has net inflowed with ZERO adjustment to price.
Yes there is definitely price suppression for BTC, but this can only be manipulated short term, no later than the end of this year.
Likewise fiat based markets are being manipulated, but oppositely are over supported to maintain the illusion economies are solvent & stable. However this also has been sustained longer than the real numbers support, through various instruments and methods.
At some point there will be a big wobble, all fiat prices will drop for investments, but the become correlated to real numbers again and BTC will take off in devaluing fiat terms, as everyone realizes they cannot believe previous spin and manipulations any more.
However at this point they may make BTC hard to get, so accumulation of BTC is key to do now, whilst you can, some may say.
It’s a great point that often confuses me. They can buy OTC and it doesn’t affect the price, eventually if there is supply shock then price could really sky rocket? But 🤷🏻♂️
@@chlovado retail is not here yet.
@randyra88
Retail isn't that important, I think. At least for Bitcoin.
@@TiraWind it is. Who do you think buy our bag at FOMO price?
Thank you James for all the research you do for the community
Your videos make the world of difference, James. Thank you very much and know that whatever time you join us is the perfect time.
I appreciate that!
James, I’ve always agreed to the theory that silence can make you implicit. I realize political statements can make you enemies, but, when one side is obviously against most things you stand for, free enterprise, pro crypto, lower taxes, less regulation, free speech and on and on, I think standing up for the right side is important.
The thing is, USD has the cleanest shirt. The game can go on for a long, long time. Look at Japan! We get to yield curve control before becoming the Banana Republic. There is a lot in between getting to that point.
Thank you James and the team, you are so driven we appreciate all you do! 🐋
Our pleasure!
Patience a few more weeks for Parabola mid September in my view based on previous cycles, which also coincides with FOMC and likely 0.5 base drop
Bang on
Happy Monday James! ✨
Forehead tattoos, gold chains, and bananas wen? 😂
I'm going to get my grills first 😜
@@Muhammad11776Boo Hoo, must not have bought when it was under $20k.
I wish I found this channel years ago. Better late than never.
Trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it.
Not everyone is as lucky as you are amidst this market downturn what’s the secret behind your success?
I know that learning the ins and outs of the market isn't for everyone, and that's why personally, Jonas Herman, an expert trade analyst oversees my trades in ways that have me good return.
Do not forget that when it comes to investing, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence. It’s pure gambling.
Can he help me? I am new to this and it's draining trying to understand how it works.
Hermanw jonas (a Gma!L comm
Is he taking commissions for his services? Yes, I’m I still making money in the process? Hell yes!
Excellent graphic re crypto last month in Bitcoin Terms. Thank you for all your efforts James. 😊
yes time makes a difference
Much appreciated James and IA team!
so welcome
Hi james! I have been following you since more then a year now! And you are the reason why I bought SOL at $10 - $21. I am looking forward to see for an extensive analysis on depins that are on SOL. I followed one of your previous one that was about SHADOW!! Looking forward for some more great stuffs!
Reason why hash has gone up 5x higher than BTC price is because the ASIC chips can produce more hash per joule of energy as more modern ASIC chips are developed.
A more accurate way is to compare cost of energy used in BTC mining to BTC price and then you will see a near horizontal line. Implying that as BTC price goes up, the amount of energy used in $ is proportionally the same. And miners that can reduce the cost of their energy $ consumed for mining makes more profit.
This is a great breakdown of the current state of crypto, especially the part about token unlocks! I've always felt that those are a huge factor in the market, and it's great to see others finally recognizing their impact. The small cap gem becoming a large cap turd is a perfect way to put it.
As always great show James, we love and appreciate all you and IA does to put all this information together. Thx again
This video is a goldmine for anyone trying to decipher the current crypto climate! I especially appreciate the focus on the hash rate and how it's influencing Bitcoin's price. It's fascinating to see the hash rate going up so much while price remains stagnant. I'm curious, though, what's the impact of the monolith movements on the price? It seems like there's a disconnect somewhere, but I need to rewatch those sections a few more times to make sure I get it right!
Maybe there is no disconnect, but a flaw in the thesis that hash rate influences price 🤷♂. This sport is pvp, you only win by hiding your moves from retail, and leading them down the wrong path.
Thanks James 🦋
Love the dynamic hash rate analysis & observations. Great work Sir 👍
Great show, thanks James.
Top man jay 🙌🏼
Regarding ICE: had a moment the other day sitting in the park in Germany watching people riding their bikes. 90% of them had electric bikes. Electrification of cars may not have arrived in Germany yet on larger scale but I'm certain it will turn out exactly like the bikes.
Thank you James
If hashrate goes up 5x that doesnt mean that the network is 5x more secure.
The question you should be asking is how much does it cost to generate that amount of hash.
Re MSTR, my understanding is that this time, Michael Saylor will be funding BTC purchases with additional stock issuances instead of low interest long-term loans. Which is better for stockholders? Returns on shares have been astronomical. Given proposed share issuances, does isn’t the issuance produce more dilution and effect on EPS than previous loans? Are you still buying MSTR shares instead of BTC ?
I'm thinking that he waited until after the ten to one split to make the price impact seem less
The price will always following bitcoin there cannot be any dilution. Bitcoin goes up mstr goes up. It goes down mstr goes down. Don’t know how u haven’t noticed that pattern.
@jimscheltema670 I believe its relative as the probability, based on history, is that he uses the proceeds to acquire more Bitcoin, which drives up, AND Ensconces, shareholder, especially long term, value.
James why do you never mention kasper, it's been out performing btc all year. I hold btc solana and kasper in that order.?🤔
ICE and Hybrids will not die anytime soon. In Europe the EV sales are going down. In most countries majority of sales are for companies that have ALOT of tax incentives from the governament. The average joe doesn't have it.
Most car manufacturers are cutting down on the EV revolution because the real buyers (non-companies) are not rich and live in apartments without a chance to charge the vehicle. Even Tesla is starting to struggle.
ICE and Hybrids are the logical option for the next decades.
Thanks James.
As a cave man 😂. Cracked me up.
I had my first Tesla FSD experience. I’ll post later on Patreon, but it was unbelievable.
Thank you for the timely information James.
James, cannot wait for your next miner video. $MARA buys BTC with revenue and $CLSK buys corporate jet 🛩 Your thoughts? TIA
finishing it up shorlty
A jet? W.T.F? That's not what I want to hear as a shareholder.
lol time to sell my clsk options if this is true
I wonder James. You talk about how bad unlocks are for tokens. Isn’t that essentially what MSTR is doing when it issues shares to buy bitcoin. Or a miners are doing it when they issue shares to buy rigs. It seems to me that these stocks rain on the investor without warning. Is there anyway for retail to have a heads up to avoid this dilution?
Simply The Best ❤
As JUP votes to cut 30% of supply
ETFs have changed the game.
ICE and EV can and should co-exist. IMO thinking in absolutes is flawed.
Nice video ❤
Thanks james
Thanks as always James, brilliant Alpha every day, love the show, look forward to watching every single day!
Hypothetically, with everyone rushing to get rid of their rigs, if price does boom soon , which it will of course, do you think you could pick up a rig cheaply and make money on it in near future?
Great show !! Thank you !!!
Glad you enjoyed it!
19:57 in terms of global liquidity lagging the price of BTC , it’s normal. Typically it’s never instant or quick to react but it does react. A good exemple that was recent and one that will likely look similar to what will happen is the 2020 liquidity Injection. BTC took some time ( quite alot for its standard ) before it pumped up with massive candles.
I understand how unlocks dilute the value of the asset, so can anybody explain why Sol has an infinite supply yet it is not mentioned in any of James' shows. This is wide open for VC's to pump and dump on retail and suppress any future price action. Thanks in advance.
It's that simple, love it.
Give yourself a break!!
What do you think of MARA, launching convertible notes to BUY BTC instead of mining? Adapting a mix of mining + MSTR model.
Till their efficiency/ costs lags kinda makes sense to just buy BTC while improving operations in parallel no...
Their HODL increasing
Thanks for the kpm James. The etfs increased ownership of total bitcoin supply deeply concerns me ( blackrock and fidelity specifically). If they reach 20% of total supply this will affect the bitcoin halving and bull case in my opinion. Don't trust those maggots
Can you do a deepdive about the Doge unlock? I am curious about the vesting schedule, the premine, and when VCs are gonna stop raining DogeCoin on me.
🎉Thank you very much James!! 👍🏻👍🏻
@@Muhammad11776Cardano HODLR?
Base Dawgz is barking up a storm with its robust blockchain solutions. 🐾⚙
Hello James and alpha crew from usa 🇺🇸, nv
Great video! Thank you!
Whats going on with render?
We don’t stand for pyth slander round these parts partner we did have a massive unlock yes but the first hour of the day on the unlock we went from .35¢ to up to .50¢ correct we have bleed out more since then but I’m still a firm believer and supporter of pyth and imma continue to dca at these damn near entry level prices still love ya James appreciate the work you do most of us can never thank u enough for spreading the real truth and data in this wildly misinformed and confused world
Bitcoin not trending with money supply AND hash rate is concerning. Will give this more time to be sure this trend is intact or not
top show
Chokepoint 3.0 (or whatever) may be capable of creating bumps in the road but it can’t stop crypto .. 🥂
Hash rate follows the BTC price. Always does. If BTC price goes down, the slower miners loose money and have to turn off their rigs, bring the global hash rate down.
If BTC price goes up, mining becomes more profitable and so more miners are turned on to capture that profit, raising global hash rate.
let's go james 🔥
Can we have MSTR UPDATE ?
Sui had a beautiful rally 🏎️
Thx James
Shiba Shootout's new yield-bearing clan wars have me grindin' with my squad for mad loot. 🏴☠🎯
I became a Patreon supporter.
Solana is great but if it got hit by a black swan like outages or a big scandal, what coin would take second place? Im guessing avax but curous what the data says?
Crypto All Stars' new IoT integration is mind-blowing, future is here! 🤖🌐
The real facts on FSD;
The Analyst Takeaways: Stein tested FSD V12.5.1.1 in a new Tesla Model 3 with a similar setup to his first two tests of the Tesla technology.
The analyst said the weather conditions were clear and dry. One notable difference in the third test was a Tesla representative required the analyst and his 16-year-old son to sit through an on-road FSD demonstration before they got on the road alone.
Due to others waiting to test drive the Model 3 and a 20-minute time limit, the third test also featured a closer destination than the past two tests from the analyst.
"I feared the more straightforward route would be much easier for FSD to navigate - offering a sort of ‘half test' that would be unremarkable. I was wrong," Stein said.
The analyst said the vehicle made a left turn from a "second-from-left" non-turn lane through a red light, breaking two driving rules in one move. The vehicle also drove in the middle of two lanes on a twisty part of Bronx River Parkway, prompting driver intervention.
Stein said the test showed "more human-like behavior" and had path planning and execution that worked.
"Acceleration, deceleration, lane changes and lane positioning felt more smooth and human-like, less herky-jerky and artificial, than prior versions."
Read Also: Tesla Q2 Earnings Highlights: Revenue Beat, EPS Miss, Robotaxi Update, 2024 Growth Rate To Be ‘Notably Lower’ Than 2023
Stein said the two illegal moves prove that FSD v12.5 does not "solve autonomy" or get close to robotaxi capabilities Tesla is working on.
"In fact, my 16-year-old son came away ‘terrified.' I wasn't so sure."
Stein said the "third time was not the charm" with the test of the Model 3.
The hash follows Bitcoins price. Any increase in hash rate before price is speculation from miners.
yup
I missed it live❤
champ!!!
I think I saw that mining difficulty is adjusting down soon so miners will get a little relief if so
Sponge V2 is a complex project, but I think it's worth the risk 🤯💡
Does anyone else see a 5 year "cup with handle" on BTC? I see something big on the horizon...
High hashrate should be bad for miners.... and somewhat bad for bitcoin price, as they will need to sell more.
Lower hashrate should be better for us, right?
Stock buybacks should be illiegal, as should be the issuance of treasury bonds out of thin air.
October the real bull market will start. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Brian Deese nuts!
Pyth didn't dump after the unlock tho... After listening to you talk about everything being a pair trade I swapped all my Pyth into Jup. Since then I check almost daily at what the value is if I swap back again.... And would you believe it it's been virtually the same the whole time they were both going up and both going all the way back down.
So my take is if Pyth dumped after the unlock then so must Jup have too 🤷🏻♂️
I just had a quick check again now before I posted this and sure enough if I want to swap my Jup back into Pyth I'll have a tiny bit more than before
Look at 3 weeks before the unlock
@@AlexofCharmCity why? You can't dump your unlock before it's unlocked. Sure people sell some in anticipation of the upcoming unlock dump but the dump never came. It's trading exactly the same ratio as it was before
@pauldavidson317 I was aware of the unlock and dumped everything 1 month before. It's substantially lower today. I had held since last November. I'm not sure what you are looking at but the price a month before and a month after isn't the same.
@@AlexofCharmCity the price a month before is irrelevant. Markets move fast and the entire market is different within days never mind months.
People can't dump their newly unlocked tokens if they haven't been unlocked yet, it's pretty basic logic 🤷🏻♂️
How about looking the day before, the day of and the day after the unlock? Surely you understand if people dumped their unlocked tokens the price would have cratered the day of the unlock right? And the price would still be suppressed going forward. But no, it's been the same ratio as Jup throughout and as far as I know Jup didn't have an unlock for people to dump in perfect synchronization to Pyth
@pauldavidson317 jup had its second largest distribution yet last month, so I'm going to have to assume you are just ignoring data because you have a pet theory.
An additional 160% unlock puts massive sell pressure on the market pyths value was cut in half and then some. Also staked pyth can be unlocked every Thursday.
You repeating an obvious point doesn't make it more valid. Yes locked coins can't be sold, we are talking about an unlock that already occurred. So you can say it as much as you want but they massively diluted the value. As well as created a much larger hill to climb for the value per token to rise.
Pyth is one step off of a meme coin and everything is still about rampant speculation. The project could easily accomplish its goal without a on chain token to use for gas. But if you really want to grasp what will happen with pyth in the best scenario look at chainlink and the way they rain down Tokens.
Why is your bitcoin dominance always wrong? It’s 57 not 55
I live in reality glad there are others. Strong people hodl.
What do you think about privacy projects on Solana? Necessary?
3 guarantees in life
1. Death
2. Taxes
3. James introduction is having some sort of delay.
Hash rate is not the most important metric in my opinion. Also Increases don't always mean more security as computer chips and ASIC's are constantly improving. This will naturally cause hash rate to increase from performance improvements but its also something available to any bad actors and not increasing the cost to attack the network...its actually lowering it unless the hash rate increases at a similar pace.
November stocks will go down and crypto will go up. Isn’t this the game we play with patience?
what does that even mean "depin wins" ???
Thank you for another video.. from Europe 😂
Thanks for watching!
🎉
wow! two times more inflow into ETH in one week than into SOL YTD. the blockchain is winning, the database is losing... but it's fast yes. databases are fast. haha.
They’re draining every once of national equity..
❤
👍
IBIT now $21B AUM 😮
SUI unlock on September 1. Funny how Raoul Pal started to shill SUI as we approach the unlock date... And he says he's a SUI whale.
Get in early, get in hard😄
James does this mean Nosana is a No No
nosana is a nogo-sana...i'll show myself the door :p
@@kc-me6wl haha
Market is being heavily suppressed!
The Chokepoint 3.0 slide and info is simply sharing FUD. I wish you'd stop sharing other people's speculations and commentary as if they were fact. This goes well beyond "just sharing the numbers and data," which I have great respect for.
offend away!