BITCOIN: BULLS ARE COMING FAST!!!! 🚨🚨🚨 Transcript, AI Summary & Key Points

00:00 going live. We're clicking the button. Oh yes, oh yes, yes, oh yes. Guys, welcome to another episode. And as you see right now, Bitcoin is still at around the 200 week moving average. But something big happened yesterday. Stocks are back. The stock market is back. Google, Microsoft roaring to the upside, which is obviously a very good sign for Bitcoin because if risk on markets are pumping, there's just a bigger chance that Bitcoin also going to pump.

00:24 That's very, very important. We have 1.1 trillion even 1.15 trillion added to the US stock market yesterday as the ISM PMI is hitting a 4year high. We have the US economy expanding, expanding and expanding. And it is very interesting how fast emotions change in the stock market because just yesterday, the day before people were saying it is great depression, everything is going to zero.

00:56 But if you looked at the money line in the stock market, S&P held very very bullish. No problem whatsoever for S&P. And now, by the way, it is probably going to go into a new all-time high. If we look at futures, the futures are going to an all-time high at S&P. And the same thing with NASDAQ. NASDAQ did dump a lot here the other day, but it never closed bearish.

01:15 And so, the bull trend continues even in NASDAQ. This is so important to keep in mind when you have volatility, worries, fear, etc., etc., just check the freaking trend as always because you see how quickly things change. Now, for some people who are overly leveraged, such as, for example, our dear friend Leopold, where is he? Where is he? Where is he, man?

01:40 Where is Leopold? I just had Leopold right here. Leopold from the situation awareness capital. You guys remember he got unfortunately liquidated. Look here. Look here. Where is he? Where is he? I love Lupal. >> Short summary of my post or my view on the project. >> But I'm just now finding more and more clips from Leopold. But is this kid genius? There's kid genius that amassed 40 billion in his fund and now he got liquidated.

02:18 Let Let me listen again. >> That's the short. >> What I love is that he his fund was called situational awareness. This guy with I don't know if you had situational let me know guys. But anyway, so what happened like in just a few days he lost his fund. How? Because this guy from Citadel, Ken from Citadel, he said that the Fed is probably going to raise rates.

02:50 You remember before before Wednesday, this guy, he was saying that there's a good chance that the Fed is going to raise rates. There's going to be maybe bare market, AI stock panic, everything panic, everyone panic. Leopold almost liquidated. CITADEL BOUGHT CITADEL BOUGHT Leopold because he he got liquidated with all of this volatility and now when Citadel bought this whole Leopold fund with this AA fund now Citadel are saying drivers of the bull market are firmly intact basically bull market can continue there's no

03:27 problem with the market the bull market drivers are firmly firmly firmly intact so I mean this is a big big example where you need to have risk management in place. You need to understand the volatility can be very high but the trend can remain. So we're seeing right now S&P continue to be bullish. We can we see NASDAQ continue to be bullish. Liopole direct.

03:45 If you're not wrecked, you have survived more than Leopold. That's very very good. Guys, look here. Micro Strategy selling. Micro Strategy sold like 1,000 Bitcoin or something yesterday. They're selling. They're selling. They're selling. They're selling. They're selling. Cold core wrecking. Many many users. Many many users very very wrecked. But Bitcoin does not move.

04:05 Bitcoin is holding. So just like Bitcoin Monger is saying when devastating news doesn't affect the price, the bottom is close. And I do agree here. I think also the bottom is close because we do see all kinds of catastrophes. All of this cold card. Yes, on a personal level is horrible. But on a macro level, on a market level, these bad things they happen in bear then bare ends.

04:25 FTX happened. Literally when FTX happened, bear ended. FTX ended the bear when it collapsed. Now also you have our good friend Jim Kramer saying that he sold Bitcoin because of quantum and it's another big fat bullish catalyst. Listen to this. >> I have some crypto. When I think about the equations that people tell me can never be cracked to get to my crypto.

04:47 I it sounds to me like the University of Chicago announcement. Should I be more careful? >> I think that you should give yourself three or four years and at that point I would get rather paranoid about it. Really? Three or four years? That's not that long. >> No, that's not that long. >> Oh boy. >> No, I I realize I'm waiting Ethereum not really maybe even worse.

05:12 So, I think that people have to take this man seriously because they're doing commercial quantum and uh this quant the Chicago study basically cracked a number. It did an equation that no one thought could ever be solved. So, that isn't that also what you think about Bitcoin? Now, there'll be people in Bitcoin who say, "Look, I don't know what you're talking about, Jim.

05:32 You don't know anything." I don't have to know anything. I I asked the questions. I didn't give an answer. Like, Arvin Arvin Christian knows quantum incredibly. He knows He knows Bitcoin and Quantum. And I'm going to sell my >> You are? >> Yes. Absolutely. >> Really? >> Wait, wait, wait. >> I'm going to sell mine. >> You are? >> Yes. Absolutely. >> I'm going to sell mine.

05:56 >> You are? >> Yes. Absolutely. >> Really? Just on what he said. Well, well, he's he's the man. >> He's the man, >> guys. I mean, if we have Valhalla now, it would be perfect. The inverse Kramer indicator is very, very strong. The inverse Kramer hedge fund people have simulated. If you just do inverse of Kramer, how much money would you have? You would outperform Warren Buffett.

06:15 You would outperform everyone. So, let's see if this is the bottom with, you know, sailor selling a lot with cold car like everything is so bad, so bad. People saying we're it's over, game over. Let's see. Let's see. Maybe it's the bottom. Let's see. Look here. Stocks joined bonds higher as schooling Middle East tensions spurred a drop in oil. You have oil dropping.

06:36 It spurred a drop in oil. Do you guys speak like that? Anyone speaks like that in your everyday language? Do you say that it spurred a drop in oil? Do people speak? Anyway, oil dumped so we pump. That's good. Look here. Sailor uh so he dumped, you remember yesterday he dumped uh like a thousand bitcoin. He also said uh yesterday that Bitcoin is cheap at the 200WE moving average.

06:59 Basically what we've been saying it's cheap at around 200E moving average. 80 92% 92% of its time Bitcoin spends above the 200E moving average. So basically sailor notes that Bitcoin sits at exactly 200 week moving average and then he sells it. He says it's so cheap and so and then he sells it. Yeah. Uh, I mean, I agree to [ __ ] but the fact that he sells here, it blows my mind.

07:24 It blows my mind. But anyway, let's see what's going to happen. Probably also a bottom signal. The fact that he is so, you know, crazy selling. He's selling and selling and selling, buying high, selling low. A sailor. A sailor. Now, looking at SpaceX, guys, SpaceX going lower and lower. Elon Musk is saying that it's a great opportunity, insane opportunity.

07:44 And yeah, I mean, it's possible that it is insane opportunity for us. We need the confirmation, guys. We need the confirmation. And it will be at 120 something something. Let us see on the hourly when it's going to happen. You will have the bull confirmation at 124. So it's not that far away. But should we on the hourly go into bull trend? That's a big fat signal guys.

08:03 Big fat signal for SpaceX for Elon. We're going to go to the moon together with Elon to go to big big big moon together with Elon. So we want to be in new bull trends. Can it I mean can it go to here to 124? It's possible but we just don't know. It could even go lower. So for now it hasn't set any higher high. It's just you know lower high lower high lower high.

08:24 So nothing has really changed here. We're not reacting yet but we have a level here. We have a level at which we are interested. So yeah let's see what's going to happen. But the stocks overall are coming back. You have Oracle. Let me see the Oracle chart. Oracle printed like 10% yesterday. Basically all of the fears with AI seem to be more or less disappearing.

08:43 I mean or maybe more correctly they are priced in that's probably more correctly that uh the investors are realizing at the end of the day it dropped a lot so now maybe it's more interesting for an entry now something to keep in mind with Oracle is still bare trend it is still below the 200 week it can just come back retested and get rejected also so we're not touching it until bull trend but there is a bit of a bounce in many stocks this guy is saying that uh that he believes so much of the worst case scenarios are

09:14 priced in closed and funds with open AAI and anthropic are trading at large discounts. You can sum it up in with one question. Will the compute that open AAI has uh least has leased get reassigned on comparable terms or on comparable terms should open a default on its obligations. So basically the problem with Oracle is that they have a lot a lot a lot a lot a lot of orders that OpenAI has promised to pay for.

09:42 Open A has promised to pay for a lot of infra. Uh many people are thinking open A will not be able to pay because they're not profitable and now the market is realizing potentially this infra can be reused. Potentially it's not that bad. Potentially maybe this is too cheap now at 114 for Oracle. Let's see for us the bull trend needs to happen now. It's just uh a bounce and potentially just retesting 200 week before continuing lower.

10:04 Uh Palantir also pumping. Jim Kramer says aftermarket buyers waking up. Balance like the good old days. Um so all in all stocks are feeling good guys. Stocks are feeling good for now. Stocks are feeling very very good. So this is a good catalyst for Bitcoin as well. Meta is now back at pre-earnings level but it's just the beginning. This guy thinks that Meta is too cheap.

10:25 So for us we need to see how this market reacts in terms of Bitcoin. Bitcoin is currently at 200 moving average. Super super cheap. Uh overall bare trend still uh but we are accumulating here. You see the money line is going to go below 81k very very soon. So yeah, as soon as it goes bull here, fantastic to allocate a lot, a lot a lot. For now, we're just allocating a bit here in the buy zone.

10:50 But this flip level is going lower. It's going lower. And so the lower it goes, the easier it is to flip into a bull trend on on Bitcoin. So yeah, Microsoft is another one by the way, which has bounced. Let's check. And uh sorry not MSFT not MSTR sailor he lives in my brain ren Microsoft has exploded to the upside remember we discussed here at 200 moving average that Microsoft is cheap please confirm that please because I was saying and saying and saying that 200 moving average for Microsoft is cheap 200 moving average

11:23 for any bigname stock that's not going to die like Microsoft it's cheap is cheap and yes indeed now we have explosion explosion higher from the 200 moving average bull trend on the weekly and yeah not do that that far away from um let's see this high is just 14% so could even go to alltime high. So all in all yeah super cheap here at 200 week now bounce and continuing higher.

11:47 Another example of the bull bull stock bull market coming back it it's not like it went away just as we had a few days of uncertainty around the the the FOMC. So Amazon will be a $10 trillion company this guy says. Let's check Amazon chart. Amazon also went bull trend as far as I know. So, it's time to be bull again. All of this uh stocks that that were bare temporarily.

12:09 Now, Amazon, bam, explosion to the upside, bull trend in a bull trend, we're bullish. Amazon here has a lot of fake out. So, Amazon, it's potentially even better to see on higher charts here like let's say one month chart because for each chart, you want to see where it has the least fake out. So, Amazon alltime high, good price discovery, we always love alltime high.

12:32 US stock market update. Bullish, bullish. Uh, next, Bitcoin just flashed a signal that only shows up once or twice a year. Bitcoin realized volatility now lower than tech stocks. Basically, Bitcoin is not moving at all. We're sideways. We're just sideways. Stocks super volatile. Traditional markets super volatile. Everything super volatile. Bitcoin is not moving.

12:55 Historically, it has been a good time to buy. Exactly. you have now uh QQQ NASDAQ more volatile than crypto and normally normally it is good time to buy. It doesn't mean there's going to be instant valhalla. I mean here for example it was the same but then it went lower but overall you see that it's not bad prices to buy at. Normally it's very very good prices to buy at when you have this situation.

13:19 Adobe what's happening with Adobe? Let me check Adobe. Adobe ad going lower. Yeah. Yeah. It's it's too bad. It's too weak. It's too weak. This guy is saying that you got to be crazy not to love Adobe here. The stock is trading at its lowest valuation since 2012 when revenue and operating cash flow were both declining. In 2026, revenue and the cash flow are both growing.

13:43 So yeah, if you're bullish on all of these fundamentals, uh let's go to back to the weekly chart. On the weekly, you actually now have bull trend. Okay. Okay. I mean, actually here I agree. on the monthly it's still far far away but on the weekly adob Adobe ADB has now bull trend there you go and yeah then you can read all of the fundamental for guys with the cash flow and everything but most importantly the trend is now bullish I mean let's see if it can for example I mean as an example just return here is just I mean

14:14 just coming back to this loss right here 36% fantastic so stock market is back with a vengeance and it's very very good uh Uh, Goldman Sachs added Microsoft to conviction lists. Okay. I mean, I don't know why it wasn't there before, but okay. Uh, so that's that, guys. Guys, guys, we have R Paul coming back. R Paul coming back telling us about that. You should huddle.

14:41 Let's listen to this and then we're going to react in real time. Big shout out to R Paul. Big shout out to everyone watching live, by the way. Check this out. >> Your future unfucking your future is compounding. [ __ ] uh [ __ ] up your futurist trying to trade. And there are some people who are good at trading. But I I say this seriously is the best performing brokerage accounts at every brokerage are the ones of dead people, >> but not shitcoin traders, not shitcoin holders, not shitcoin long-term investors.

15:17 I mean Matt is not here today but Matt has bought a shitcoin where the messiah told him that time in the market is better than timing the market. I know many people from 2017 they still hold shitcoin now for soon 10 years from 2017 that has not come back and it will never come back. Let's listen. >> It's because they don't sell and traders it's very hard to meet many rich traders.

15:45 There are >> and also very hard to meet many rich SU holders. Guys, if you're a SU holder and you're rich and you're not part of the team or or you didn't get the money from Foundation, by the way, I think R Paul got a lot of foundation money from Suie. But anyway, if you are an investor in SUI that you bought from spot, you did not get from foundation, you bought from spot, I don't think you're rich either.

16:10 Let let us know in the in the comment section. lucky traders. There's people who do well for a period of time, but there's very few people who trade that make compounding returns. >> Anyway, I mean, this is the this is where most people get so wrecked because part of it is true. If you buy S&P 500, you buy NASDAQ, you buy freaking Microsoft, you buy this things, gold, you buy gold, you buy these things, you buy these things, then of course compounding works very well in bull mania.

16:37 I have a full section on it in our uh course in the secrets I share about the markets. So one of the secrets is how to stay rich and there we speak about compounding there we speak about just buying and buying without trading without trying to time anything buying and buying S&P 500 NASDAQ yada yada yada and thinking long term because on a long-term horizon you know that stock market doubles every 10 years after inflation approximately.

17:01 So in that sense it's it's obviously true that if in order for you to create wealth you got to compound but if you have a shitcoin sui you have a shitcoin whatever else that was discussed you remember by the way teraluna basically risk-free basically risk- free like r was saying you have shitcoin what he's saying is 100% incorrect anything that is in price discovery anything new that can go to zero and never recover This does not work that you just compound.

17:33 This does not work because the freaking thing may not even survive. Most shitcoins don't survive. Most altcoins go to zero. They go to zero. So this is where you know most people get tricked because I mean it is a half truth. Yes, of course you have you invest in S&P, NASDAQ, you buy freaking Microsoft gold, all of this stuff. It's going to be okay, man.

17:55 You're going to compound then that you should not touch. you have your get-rich portfolio with the shitcoins that moon a lot because at the same time if you invest in this compounding stuff you're not going to get rich from it. I mean if you're poor it doesn't matter that the stock market doubles every 10 years you're still going to be poor. Okay you have $100 you're going to have 210 years.

18:12 Okay, 420. But still, you understand? You're poor. You're poor. To get rich, you need to take risk, trade shitcoin, use leverage, do all kinds of stuff. We discuss all of that in Bulmania. Follow mechanical rules. But should the coin go down, be bare trend, you got to stay out. You got to stay out. Stay out. Stay out. Stay out. >> Very difficult to do, right?

18:33 It's a really, really difficult skill set to buy and hold. You could be as dumb as me. I mean, honestly, you can be absolutely stupid and make money as long as you understand where you are in the cycle, what to do, and don't panic. You bought something too high. That's okay. No, I mean, guys, it's not okay. It's not okay. Absolutely not okay. If it is with [ __ ] coins, it's absolutely not okay.

19:05 Absolutely not okay. Let's look. I mean, just to give you an example, look at IOTA. IOTA, you remember from 2017? It's not okay. Is it okay? It's not okay. No. No. You bought too high. It's okay. What do you mean it's okay? Oh, so you just need to huddle. You're down 98%. How it's okay? How it's okay? It's not okay. How it's okay? How? And then in the next post R says you got to beat 11% or you are getting inflated away.

19:35 Bro would this thing just went down 98. So what he's saying I mean obviously is true for like stock market. Obviously it's true for you know gold. It's true for that stuff that you know compound inflation sui what do you mean you buy too high it's okay? It's not okay. It is down 87. It's down 87. It's bananas zone but you know inversed. So yeah the reason why we cover so much because I see a lot of people that for example join Bulmania.

20:08 We always do a call with everyone who joins Bulmania. They come in they say I had $1 million. They had 500k. Some people they come in with with not too much money but they had a lot of money like 200k they had. Then say yeah I hodddled this crap too long. I thought this and that. And it's the same patterns. You see the same patterns. The same same patterns.

20:25 It's crazy. So yeah, I mean I can equally find thousands of bag holders holding all coins that are down 99% and that will never return and all of them are thinking timing the market beats timing the market. So yeah, I just want to reiterate, reiterate, reiterate because bull market is coming. You cannot f it up. Don't f it up. In bull market, you have the biggest opportunity to go from wreck pleb to having wealth.

20:49 It is coming. Most people, they're going to fumble it. They're going to buy too high. Then they're going to listen. Oh, global global liquidity, global M2 is going up. Yeah, they got a hold. Okay. Lose everything. Lose everything. So, uh, guys, uh, let's switch gears a bit. Let's speak about what's happening with this hack. So, you know that cold card got hacked.

21:11 Why did cold card got hacked? What happened? What happened? Cold card generated the private keys in an unsecure way. Okay. So that uh you basically could repeat the same key generation. So you use call card, you generate your key, I can also buy call card and because they generate in a non-random way, I can generate your your keys also. So that's how the hacker hacked everyone.

21:35 So this guy, he's saying that okay guys, I made my own quantum random number generator. It uses radioactive decay to generate entropy for Bitcoin seed. So more or less you have a bit of a nuclear reactor here for entropy generation. So he's using Americas pi geer counter audio interface focus right I had a similar one before entropy is what makes bitcoin your bitcoin.

22:09 So, dices and co coin to coin tosses. Coin tosses. Exactly. You toss the coin. Dices and coin toss are good way to generate entropy, but they're not actually random. They're deterministic processes that are hard to measure. Is there anything that is random in the universe, guys? It is radioactive decay. I mean, okay, that's interesting. Radioactive decay is the process when very tiny bits of a thing spontaneously break apart from it.

22:38 Okay. So, how can we use this to generate entropy? First, we need a radioactive source. So, guys, let's go to Chernobyl. We book a trip, Bitcoin Maxi trip to replace the coal. I split open a smoke detector and got my hands on some American. Okay, that's interesting. It has a half life of four. Okay, that's interesting. So, inside your smoke detector, you have some radioactivity.

23:04 That's interesting. Next, we need a geer counter. This is an instrument that measures how many times the decaying particle hit the tube. You buy it from Amazon. Okay. Considering that the random part is the time between, so then you can measure the sound of it. Uh yeah, very nice. And then you can uh from the sound you can then deduce the private key basically measure the sound get it into binary from there map the different parts of this binary string to the different words and you have this mathematical proof that

23:35 it's very random and yeah there you go there let's see guys let's see guys basically if we want full security we need to go nuclear nuclear nuclear nuclear nuclear now meanwhile the guy that hacked cold card. He's trying to move the funds. Listen to this. >> 90 plus million dollars in Bitcoin was stolen in the last two days. And I want you to notice something the thief has surely noticed by now.

24:01 He cannot spend a single one of those Bitcoin. What do I mean by that? Well, every coin that he took is sitting frozen in plain sight, watched in real time by everybody all over the world, by federal investigators, by an army of volunteers who do this for the love of Bitcoin. the stolen funds haven't moved since they were taken. >> Yeah. So that's why people are saying that probably maybe it was a noob, you know, a lone dev that played around with AI and discovered it because now that everyone really has control, not

24:29 control but has an overview over his addresses, it's going to be very hard to move it. So if you would be a professional, if he would be a professional, he would probably have already moved it in through Thor chain or like other crosschain bridges before those bridges could blacklist his addresses. Now that he didn't move, he's so blacklisted he can barely do anything with the money.

24:54 So, it's a very good insight that potentially potentially it's better for him to return the funds and maybe keep a percent or so as a reward because it's going to be very very hard to to do anything. >> So, why is that? Why was all of this Bitcoin stolen, but nothing is being done with any of it so far? Well, that's because the same transparency that lets you verify your own Bitcoin is sitting there also means that this 9 figure theft is now the most visible Wrong, wrong, wrong.

25:25 He's wrong. If he would move it fast, he could bridge it. He could bridge it, but he's just repeating the the same. Yeah, he's a parrot. He Yeah, blockchain trans. Yeah, blockchain is bro. We know blockchain is transparent. Still many successful hacks where they move into Zcat like there are many successful hacks. Nonetheless, you don't have to repeat the same uh uh obvious thing.

25:49 Yeah, blockchain. Everyone knows blockchain is transparent. Your theft is now the most visible money on earth. >> Yeah. Okay, man. You don't have to market Bitcoin. Obviously, Bitcoin gets super recky with a cold card. Don't you don't have to market it that Yeah. Bitcoin, by the way, everything. But Bitcoin is so good. You know, it's prosper. Listen, if he would be faster, he he would he could have made it.

26:09 Okay. He could have made it, but he was not fast. Probably a noob. Probably a, you know, dev, someone who's just, you know, messing around a bit. He like, "Holy crap, I hacked it. Get the money." And then ah no plan no network I mean professionals you know how you see how it normally is they they take it then s suddenly they use store chain they use bridge bum bum bum it's gone they have a full network how to launder it they go to China what they do you know they they figure it out this guy now he's what's he going to

26:38 do what's he going to do and there are discussions that potentially potentially he's also doxed potentially he's doxed I don't want to get anyone's hopes up but where was this guy that talked about it on Twitter. There was a guy basically explaining that they could trace the address of the hacker to a KYC platform. Now, the guy did not explain too much.

27:04 Let me see if I can find this quickly, but he said that he is in contact he's in contact with the with the KYC platform and uh they're looking for the for the thief. So, potentially there's going to be a bit of recovery. Don't want to get anyone's hopes up though if you are affected. By the way, let me know if you are affected in the comment section.

27:23 Do we have anyone affected uh or not? Oh, by the way, there's also this guy Thomas Braziel who is trying to figure out a lawsuit here against Coin Kite. So, you can follow him. But he was not the one that uh by the way, let me open this one. But he was not the one that spoke about that he can like track the the the thief. It was another guy. Uh, anyway, I didn't like it, so I don't uh I don't have it.

27:50 Let me see here. Call card. Uh, KYC. Let me see if I can I must be able to find it. Uh, no, no, I don't know where it is. But anyway, if you are affected, check for that guy on Twitter. you're going to find him that said that he he found a KYC platform that the hacker address used and interacted with. Uh anyway, that's that what is this guy saying? Fernando Nikolich, he has Bitcoin color here and he's saying to all Coin Kite users and the entire Bitcoin community, my trust in you is broken.

28:33 Okay, nobody did the work. Warren Togami said the thing that rearranged this for me. None of my engineers friends have call card. I had no idea card had so many users. I'm afraid the most vulnerable to Colgard were users listening to influencers instead of engineers. No, no, wait, wait, wait, wait. to Bitcoin maxi influencers because Bitcoin maxis they said you have to use Bitcoin only product and they said that treasure and ledger are scams why because they support shitcoins as if that matters I mean oh guys I mean

29:08 that's the problem see people are pleb they're pleb they don't know stuff I as an engineer computer science I can tell you that treasure and ledger they're not less secure because they support shitcoin that they support all the other cryptocurrencies. If you have your seed in a safe way, you can generate bitcoin address, you can generate shitcoin address, e sana, it all stems from the same thing.

29:36 So the security is not worse because they do they support more coins. It's not worse. But Bitcoin maxis will say, "Oh, no, it's bad because they don't focus on on Bitcoin. they have a bad bad product because they also do shitcoin. You should use a Bitcoin only wallet. They said because they focus only on Bitcoin. But it's actually twice versa because Bitcoin only means that you don't have clients.

29:59 How many people use Bitcoin only? Very few. Very very few. So if you are a Bitcoin only company, it means you are poor company. You don't have employees. Look at how many employees called hard cold card had like five. Five. Obviously no one has time to do anything properly. You have five employees. What happens? You don't do things properly. It's a homemade duct tape solution.

30:24 It's a duct tape solution. So, Bitcoin only is bad. Why? Because you're poor. You don't have client. You don't have revenue. You need to be using wellfunded projects. Now, even ledger can be hacked. Treasure can be hacked. So, use multisig. Use different providers. yada yada yada. So, Warren and I over overlapped at Blockstream. He's right at the Okay.

30:44 Okay. So, what he's saying when and then a flaw sat in published firmware for five years. And the answer to why didn't anyone catch it turns out to be because no one was looking because looking is too much work and believing in an ideology is free 100%. Yeah. Basically what happened was that because cold card it's a bit of drama here. It's a bit of drama.

31:05 Cold card. This is my understanding of it. They used treasure code before but they wanted to change the code because treasure is open source. But when you use open source code and you change that open source code, you improve it or you extend it or whatever that new version that you made also has to be open source. That's how open source licenses work.

31:30 That's if you use open source, if you then extend it, improve it, your thing now also has to be open source. But so cold card, they did not want to keep their thing open source. So instead of using treasure they rebuilt it from scratch made all the mistake and now they could still keep it public but they could disallow anyone to use it. So callart at day they had you know open source they said but it's not open source because no one can use it but it's you know source code available.

32:02 Okay but when you cannot use an opensource code you don't care about it. So yes, they had open source but no one read it because no one else can use it. Open source only works because other people use it and they check it. Then then it's safe. Then it's safe. Cold card they took open source they like reprogrammed it from scratch. They did not use treasures open source.

32:27 They just reprogrammed it from scratch on their own and then they published it and said no one can use it. You can check it but you cannot use it. So no one was checking. Why? Why check it? No one checks it. So, I've been guilty of this. When I discovered Bitcoin many years ago, I bought into all the maxi narrative. You see, this is what I mean. Maxis are parrots.

32:43 Most people in the world, they're parrots. They just parrot dumb stuff all the time. This is one of the things that gets me so frustrated that people, 99% of people, they are pirates. It can be all kinds of different things. Bitcoin is a Ponzi scheme. Bitcoin is a scam. Everyone pirated it. When I found Bitcoin, they said, "Oh, it's a Ponzi scheme. It's a scam."

33:03 They just pirate and pirate. They don't think like people don't think. In the markets the same thing the same thing hodddle like the ro pulse thing hodddle hodddle hodddle for the long term compound long term then they hodddle shitcoin to zero they don't think they don't use the brain they don't use the brain then outside of crypto many different things also okay diversity is good I mean depends which diversity some diversity is good some diversity is bad they they just you know they parrot they parrot they parrot

33:28 everyone is pirating guys please don't parrot be independent thinker people parrot you need to get a degree okay get degree for What depends on who you are. Some other people they parrot that you don't need a degree. I mean depends but they say Bill Gates did not have degree. I don't need they just parrot. THEY PARROT AND parrot and parrot and parrot and parrot.

33:48 Holy crap guys. Holy crap guys. Anyway I I get I get worked up here. Why? Because I mean you understand it's it's just this parroting. It's happens all the time and then people are surprised. Oh why I got wrecked? Why why I'm not going anywhere? Oh man. Freaking pirate. Yeah. Okay. So where the eyes actually are. Okay. So I went and looked at the biggest accounts were paying attention to while the coins.

34:10 So what happened? What happened for those for the two weeks before the drain? BP 110. Exactly. Everyone was focusing on BP 110. Cold card was running about one. Call was running about one. What? What about one thread or what? Uh the community spent its entire attention budget on a purity fight about which lawful transactions? Exactly. They don't focus on quantum.

34:34 They focus on this fugazi beef 110 thing. How much data we should have. I guess this is just what culture does. It decides on what counts, what is important. Okay, the part I actually want to say. So, here's where I think this goes. And I've been chewing on it since Friday. Coldcore built a business by picking a very narrow audience. Hardcore Bitcoiners, Bitcoin only, no altcoins.

34:56 Yes, the positioning obviously worked, but it's very bad. you he have very few very few clients over the last 12 months the perception corpus carried okay so what's his point man he's disappointed in my opinion there are two ways to have ah okay okay yeah yeah yeah so basically no one is paying the developer but where is he disappointed I want to hear him disappoint where is he disappointed I thought he would be disappoint anyway he's disappointed so guys that's that oh guys we have a lot we have a lot let's speed up

35:25 let's speed up we have a lot okay Gary Cardone this I I love Grant Cardone. Gary I also kind of love but you know he's like a noob boomer noob which is fine. He's learning life. So nothing wrong nothing wrong. I love him. I love him but you know he's saying such obvious things sometimes like you know he doesn't understand the most obvious things but this one I kind of agree.

35:48 So he's saying the odds of me serious money. I love the confidence. The odds of me serious money. A suit. I'm a suit. Rolling 100 dice is zero. Okay. No serious people are going to do it. Most certainly not an institution. So he's he's trying to pump Bitcoin. He's trying then he doesn't pump. Then he gets disappointed. He says I will not roll a dice.

36:18 I I agree. I will also not roll a dice. Uh so and to think that I diversify across four different providers, 400 rolls of dice, GTFO, this is not scalable. It is delusional to think people are investing millions of dollars are going to roll dice 100 times. Secondly, you are a [ __ ] at this point to connect or use software or hardware to protect hundred millions of dollars.

36:43 Uh doors built by companies that have never been profitable, have zero revenue, no path to that's true. That's true. I mean that it's true. It's true. You have five guys doing some kind of homemade horror wallet. You put your money there. If you have a lot of money, it's it's true. It's true. I mean, in that sense, Black Rockck is better. If you have serious money, you're going to what?

37:02 You're going to self custody serious money? Um, so it's not black and white. We discussed it at length yesterday. Go and rewatch the stream from yesterday where we discussed the different options. At this point, self casting is a joke. It's not a joke. It's also not correct. Self-cast is extremely important. It's very important that you're able to sell custody.

37:18 But obviously, obviously, if you're going to have a lot of money, you need to think twice. You you cannot parrot again. You cannot parrot the dumb stuff that mis say, "Oh, you know, just everyone should self cast." Yeah. I mean, depends, man. If you have a lot of money, should you really self custody? Maybe I bet you should self custody. I mean, maybe it's good to have a bit self custody.

37:35 I bet no self custody. Don't pirate. See, it's this pirating again. People get wrecked because they pirate. They are pirate. They're not independent thinker. I mean obviously you have to understand that you yourself you're a bit of a retardo you don't trust Black Rockck okay but you yourself do you trust yourself really you trust yourself because I've been running a business guys since 2017 and you know just I it's learned me a lot about human nature sometimes people they don't know where the freaking button is to log

38:04 in right there on the screen but people don't know they're they ask to support Ivan I don't see the button like but it's right here Oh. Oh, yeah. Yeah. Okay. Okay. I got it. Or uh I want I don't understand uh how to install this and that like let's say money line in trading view. Sometimes you know people like they've never used tracing view like man how you don't know trading view.

38:28 We teach everything everything. Okay. Good good. So I I just know that you know for most people they they are with when it comes to computer they are very yeah they're very sometimes not very computer proficient how you say efficient proficient in computer so to say that everyone should self custody all them I mean it's it's it's a pirate thing it's again one pirate thing that people are repeating so anyway anyway um it's not stainable and only if real bitcoin selfcast is and if the only real bitcoin selfcast is a

39:00 bitcoin And I mean but it's only pyros that are saying that it's only par if you use your brain it's you can have selfcast you can but it's very important that it's possible to self cast if you want I mean if you want it's possible it's very very important okay guys moving on moving on moving on Ivan I love your honesty says Rolex fantastic very thank you very much for donation next Matthew Cater with beep 110 saying sailor just diluted MSR holders again by issuing 290 million in new shares yeah while also dumping

39:30 Bitcoin trying to save stretch. Yeah, that's true. That's true. Okay, guys. Uh what's happening with uh with Clarisy? I don't think it's happening, guys. I mean, it seems that it's not happening. It needs to happen like this week. Let's see what she's saying. >> I know that if we fail here, this doesn't come back next year or the year after that. The realistic next change at market structure legislation is likely 2030 at the earliest.

39:57 In the meantime, we'll lose businesses to other countries. We lose investment and jobs and tax revenue to jurisdictions moving faster than we are. We inhibit law enforcement's ability to hold bad actors accountable. >> Yeah. Anyway, we need we need the clarity. She says again and again and again. Um, let's listen. Is this a new clip? One second. >> Bills passed in the next few months.

40:26 >> Well, it's a very funny thing. Crypto. So I became a fan of crypto and to me it's an industry. I view it as an industry and I'm president and if we didn't have it China would or somebody else would. >> No the normal stuff I think also it's an old clip but basically if they don't pass the clarity act SEC and CFTC are going to do their own rules. So we're still going to have some kind of regulation but it's not going to be as enshrined enshrined in the law.

40:49 Instead it's going to be on agency level. Okay. Coinbase doing another ad trying to get clarity. What is this? 82% of Americans think financial system needs to be updated. Okay. So, it's no surprising that one in four Americans own crypto and more than half are under 40. That's true. That's true. Every generation has the opportunity to use technology to move America forward.

41:23 Okay. Okay. So, what's the point? Crypto is our generation's chance. American needs clarity to support clarity. Okay. Yeah. So, it used to be like this week, guys. It used to be this week. Let's see what's going to happen. Uh otherwise, it's recess. But why they do recess so late? It's already August, man. So soon time to get back to work. They're going to have recess now in August.

41:38 Recess they should do in June. Tell them to go to recess in June. In August, it's already, you know, soon September, man. I mean, if in like 3 weeks is September, so you got to get back to work. Billionaire Michael Sailor says Clarax will be a massive catalyst. Yep, that's good. Uh, let's skip this one. Uh, some news about XRP. XRP now has institutional credit rails on Ethereum mainet.

42:01 Okay, very very good. XF XRP is collateral in centurus RLUSD on Morpho. So, Morpho is massive DEX uh sorry massive uh massive D5 for yield. I mean it's credit network but for example in Kraken you can get yield via Morpho. So yeah, all in all, XRP is getting into DeFi. That's good. And people are asking, Ivan, how do you know about all of this, you know, like XRP and everything?

42:29 Guys, it is because I have the Bull Mania AI. Let me see if I can find it too. It is because now I can chat. I can ask all kinds of stuff. By the way, look here. This is coming to all Bulmania members very soon. Uh you ask it what happened in the US stock market. Bum bum bum bum bum. It gives you everything. Gives you everything. Fantastic. And then you can also see what flips bullish or bearish.

43:00 For example, here I asked make me a report on US stocks that flip bullish or bearish on the weekly in the last 48 hours. It gives me a list of all the stocks that flip bullish and what is being said about them. for example here about Microsoft this guy this guy this guy so in this in this way you both get the true signal what is bullish what is bearish in real time analyzed by bulmania AI uh it's obviously getting all of the data from the moneyline flips and then also brings you all of the discussions all of the

43:31 discussions Amazon flip bullish and immediately run into classic bezos supplier bezos started dumping bezel sold like four billion bezos sold sold four billion Classic classic. Uh and then in this in the same fashion, let's see, was it here? Who's told me about this XRP thing? Oh, it's here. It's here. You see, uh I asked it about Yeah. Give give me the latest news.

43:53 It says XRP finally, guys. We get some XRP news. Finally, finally, finally, finally, finally. So guys, XRP vaporware. Maybe not vaporware, probably vaporware. Uh now they but now they have a bit more real stuff. They try to do a bit more real stuff. Okay. a bit more real stuff. Big shout if you are XRP holder. Big shout out. Big shout out. Uh, okay.

44:14 Ian Chang says in less than four years, every digital payment will be made through SU. Come on, man. What do you mean every will made through Suie? Really? You mean that within four years it's not going to be on Soul? I mean, come on, man. You mean that every L2 is just going to shut down? Come on, man. Don't I mean, I understand the shilling. I understand the shilling but uh every digital payment made on the internet you mean that digital euro is going to run through sui because you can say that it's digital payment

44:46 really hey it's shilling it's I understand founder sui he wants to shill I understand but why why you lie why you lie it's not going to be every digital payment you mean that all bitcoin is going to be on sui sending bitcoin is digital payment oh Yeah. Yeah. Yeah. Yeah. Uh, a lot of shilling and it's not even bull market. Hong Kong now offers 0% capital gains on Bitcoin crypto.

45:09 That's good. But didn't they always do that? And yeah, guys, that's basically it. Let's go to Q&A questions, answers, debates. It's a lot of news. A lot of news. I mean, this market, guys, it's coming back big time. Big time, big time. Big time. Big time. Big time. Uh, go to boom.com, watch the free training about mechanical rules. Uh, join here on the wait list if you want to join.

45:27 I mean, our weight list spots are running as soon as we release a few spots. Boop. They're gone. They're gone. They're gone. So, go here, sign up if you haven't yet. Uh, and uh, in Bulmania as you get access to the trading secrets, which is educational package. You get the money line, money scanner, and soon Bulmania AI, which is very, very nice. Guys, let's go Q&A.

45:48 We're already at 45 minutes. Holy [ __ ] Big shout out to Guzman for time stamping us. Guzman, are you with us? Check, check, check, check, check. Let's go to questions, answers, debates, discussions. Sal mentioning EOS. Yeah, people in EOS speaking about R Paul also thought that you know Hodo is going to be good. No, no, no, no, no, no. Are you still DCAing?

46:18 So in the buy zone, we're deploying 10 to 15%. 10 to 15%. Can you ask the AI about looks? Okay. Okay. Let's check. I'm just going to copy your question. This is the perfect, you know, thing to ask. Uh, let's ask it. Let's ask it. How is this sentiment man? If you if but if if you're a bag holder of it though, I'm very sorry for you. I mean, that's the thing.

46:52 If you ask just because, you know, you're a bag holder, you want to get some, it's very bad for you. I I just, you know, not even looking at the chart, I know it's very bad. Just hearing the name, I know it's very bad. I know it's horrible. I know it's destroyed. I know it's uh uh bankrupt, basically. But let's see. Let's see. Let's see what people are saying.

47:12 This is the perfect use case, guys, by the way, because normally, I mean, how much time would you waste searching for this on Twitter? And Twitter also takes your attention in different places. It gives you politics. It gives you all kinds of stuff that waste your attention. Instead, you just chat with Bulman AI and uh it tells you everything uh direct everything direct.

47:33 So, let's see what it says. Luxo sits in a quiet patient corner of the market, man. And you don't even get uh you see it's a very diplomatic answer here. See, REI is very diplomatic. It says looks as it's in a quiet patient corner of the Do you want to be quiet and patient as a person? You want to be quiet and patient? I mean, these two things are like the last thing you want to be.

48:04 Okay, obviously patience is good. I mean, patience has its place. But when you're also quiet and patient and you sit in a corner. Okay, because Lux is now sitting quiet and patient. Small dedicated community still fully bought into the digital identity creator. High concept wine still aging. Excellent. Okay, what is this? Luxo layer one creative. Yeah, let's see guys.

48:33 Let's see why you need look. No, no. Use freaking Solana. Why you need Luxo? Ecosystem of games for your identity can be tapped into built on build, man. Build on like why you need why you need Luxo? But yeah, I mean these guys are excited. Imagine an ecosystem of games for your identity. Yeah, it should be on Solana. It should not be on its own L1 build on Solana.

48:54 Don't do this for guys with bio needle. You don't need that one. Everyone has phantom wallet. If you really That's the thing. Here's the question. If you really care about the use case, you really care about the use case. You want the use case happen, you do it on Salana. If you want to scam, you want to raise money for your own L1, you want to fugazi, you do your own L1.

49:13 So the use case never gets built. No one cares about the use case, but you potentially can do a bit of a scamming with L1 coin because people are excited about L1 because they're pirates. So, oh, you know, new L1, new L1 creator, you know, you understand if you really want because with the builders, you have to you have to be uh very careful. You have to understand, do they really want the use case?

49:34 like they really want this creator economy because you can do it on Solana or you want to do L1 with all of the fugazi around it and the use case is just an excuse and you don't really care about it you understand if you really want the use case you want to access the users the users have phantom wallet they have Sana they have so if you really want the use case and you don't build it close to the users you don't want the use case you want something else which is fine which is fine but um let's be upfront about it.

50:04 By the way, it's fine. It's fine. It's fine. L1 very common. So, community never quits waiting for Binance listing. Man, is this 2017? They wast when Binance when Binance is this guy. What's he saying? The Lux community never seems to be going up. They're unstoppable until the day is this what they're discussing in 2026. This was 2017 when Binance went Binance.

50:33 Anyway, you can read here more what's happening. Uh bottom line, niche conviction still high. So you have a bit of hope in here. You can check classic high concept low attention setup. Yeah. Interesting riskreward only if you share. Yeah, we don't share it. But big big shout out. Big shout out. If you have this fantastic, fantastic fantastic. If you have it, we're good.

50:58 Not but we're good for you. for you. It's not But it's not good for you. That's the thing. It's not good for you. Anyway, big shout. Big shout out. Vitalic is dancing. Vitalic. Yeah, maybe he's going to dance. He He needs to dance. He needs to dance a lot. Building L1. Build it out. build it out. Ask how many times L network will be. I don't know if you're coping or what.

51:45 Look at how much base was down. I mean, listen, it's it's the cope. He's the cope. Sana last time was down when was down last time. But he's a cop. He's a cop. I I I I I recognize the cope because you you know until 2023 we were like all in L2s. We were a bit skeptical Sana and I used it as a copul. Oh Sana is down you know coping coping. ETH is still good.

52:10 ETH is still good. E you know ETH is still good. Salana but it's down. Sana but I Vitalic we are we are holy. We are truly Sana is not really it's down. It's down. It's down. You repeat please please don't pump. Please don't pump. Please don't. I I had like a few weeks of that. Then I switched to soul. I I I know where you are. I know exactly where you sit.

52:31 I know where you are. I've been there. Yeah. Yeah. There's no new information for me. I mean, I've been there. I've been there. I know where you are. The bankless guys, they got stuck in the cop until like 2025. In 2025, they started to cover Salana. And now in 2026, one of the bankless guys sold this. But they were stuck in that cope for a long time.

52:50 So if you're there, big shout out. Big shout out. Good for you. Not it's not good for you but good for you. You understand? You understand? Big shout. Big shout yeah. Big shout. Yeah. I'm building on ETH. Am I a crypto? If you build on L1, I like it. I like it because if more people build on L1 on ETH is going to push the ETH devs more to scale it. Uh you have a big risk because you don't know if they're going to scale it.

53:21 They may change their mind. They change their mind all the time about things. Vitalik wakes up. He has a new road map. There's no onchain voting. You know in Solana for example there's voting. What's going to happen? Do you want fish or you don't want fisher? You want inflation? There's voting. There's onchain governance. In Solana for example with Eve it's all Vitalik.

53:38 Vitalik decides no more L2s. Okay. Tomorrow he wakes up L2. Okay. He he he's the dictator. He says this. Okay. So you don't know what's going to happen. That's the problem. What's the reason for Tron pump? We actually had a bit of news here on Tron. Uh but let's see where it is. It didn't fit in the time. Where is it? Tron is like uh going to alltime high in volume and everything and everything.

54:06 Let's actually ask this uh let's actually ask her what's the latest on Tron. Let's see what's the latest on Tron. But you know the pump is independent of the of the fundamentals. But in Tron's case, it's actually both pump and uh they also have a lot of fundamental with the stable coin with adoption. It's it's very much to be fair, they don't pump a lot like it's not like a big pump.

54:29 U so yeah, there's not a massive pump and it's bad trend. So be a bit careful. But yeah, let's see what they what they say. By the way, here when you ask, you know, what's the latest on Tron, you get the overview instantly who is tweeting about it the most. See, Tron doesn't really have like influencers. Normally, when you ask about coin, you get, you know, influencers.

54:56 Some here, no one is talking about Tron. It pumps anyway. So, Tron sits. Uh, yeah. Only people that tweet are Tron Dao. Great spending last time with Stanford. Okay. AI agents. The hottest for looking is AI agents. So if you're bullish on AI agents, Tron is for you. Justin S saying gasless. See the good thing with Tron. I mean, actually, if you use Tron, I used it lately for for a few payments.

55:25 Man, it's good. You know, you have gasless guys. Stable coins are gasless on Tron. USDT is gasless. You create a gasless wallet is better than Sulana, better than ETH. Like for this use case of gasless, it's very nice. You want to pay something is gasless. you just send USDT. So they are focusing on this payments a lot. So this gasless is true. I like it.

55:47 I like it. That's why it's getting a lot of adoption like in Asia it's adopted. If you do any kind of you know business internationally and they accept stable coins they're going to ask you for Tron. Especially in Asia they ask you for Tron. Can you send on Tron because it's probably because gas free. Yeah. So yeah official voices are driving nearly all visible mind share.

56:07 It's always like that. No one else is twisting about Tron. It's just Justin. He builds, he tweets, he pumps. And yeah, he's better than most all coins. This chart, very few alt coins have such a chart. Look at this. Look at this. It's the same price as you know, bull market price basically. Utility narrative is active. A angle is a fresh catalyst. Yeah, there you go.

56:35 Let's see what is Justin Sun's high highest engagement post from the last 30 days. See, this is why this product is a bit it's so engaging for me and I I get the overview of the market. You can then continue. You can ask more. Let's see what uh uh what we get here. Tron is popular in the Middle East. Always Arsenal tickets. I can pay with USDT on Tron.

56:59 Yeah, exactly. Exactly. You're going to see it a lot when there's actual crypto adoption in countries where there is actually where crypto is actually adopted. You're going to be surprised how much Tron there is. You're going to be surprised. In the West, people don't get it. They think that it's a Chinese scam. Again, they just pirate stuff. They pirate the bankless guys.

57:17 Bankless guys said long time ago that Tron is a scam. They still pirate the same thing. But, uh, if you actually been to countries where it's used, where say, where crypto is used, Tron is massive. So uh the clear engagement is the blue origin recap. Okay. Almost one year ago I fulfilled the dream near. Ah okay. So he said that he went to space with Jeff Basos and he did a vlog.

57:41 Okay. People engaged with that. Next he did another tweet. He amplified ecosystem numbers hard. Gasless USD volume. Oh yeah by the way let's see it's it's adoption of this gasless stuff. It's big. Massive. massive gasless use transfers on Tron reached in 2.9 billion in weekly volume. And again, some people can say, "Oh, it's scam. It's fake. It's fake volume."

58:05 Maybe some of it is fake, but you know, in my experience, it's it's massive. It's massive. It's for real massive. Maybe he fakes a bit on top to make the numbers even bigger. But yeah, some ch something in Chinese. Tron as the rails for everyday finance. Yeah, not big community of influencers or Twitterers, but focus on product. It's his focus. chart is looking probably one of the best charts on the bear.

58:28 So yeah, Tron is the f is by far bullish Mike is saying Tron is by far the most used chain for USDT in the UK and Spain. Yeah, see even even UK and Spain bullish Mike is saying there you go guys listen that's it. Thank you very much. We are almost at 1 hour. Let's end it here before we go over 1 hour. Big shout out to who to Guzman for time stamping.

58:47 Number one bullman weight list below. Important before the bull market that you have all of the tools otherwise you're going to be forever playby. you're going to miss the bull market. But uh yeah, up to in in the link below. See you tomorrow when uh same same place, same time. Enjoy enjoy your Tuesday and have a good good day, guys. Bye-bye. And big shout out to Guzman. We love Guzman. We love write in the comment section. will love Guzman.