BITCOIN: BIG FAT BULL RETURNING!!! 🚨🚨🚨 Transcript, AI Summary & Key Points

00:00 Oh yes, oh yes, yes, yes. Guys, welcome to another episode. And as you can see right now, Bitcoin is still at the 200E moving average. It's incredible. I don't know how many times I've said that Bitcoin is still at around the 200E moving average because we are here since the beginning of June. So basically for two months, two months and one week, we're just sideways at the 200E moving average.

00:22 This consolidation will end at some point. I think there's a good chance that we have bottomed. Although, although no one knows, I don't know if we have bottom. I just know that it's possible we go lower. And I also know that Bitcoin is very, very cheap here at the 200E moving average. So, DCAing with 10 15% of your capital here, I think it's very smart.

00:41 It psychologically sets you up to participate in the bull. Otherwise, if you're fully on the sidelines, as soon as we have a bit of a God candle, you're going to be praying, praying, praying for the whole market to go down. And the thing is, we do have many, many updates today. Many, many updates. Let me just start with them because there are so many so we need time.

01:00 Guys, Sailor had an earnings call and uh yeah, this is what he posted. Good evening shareholders. The market is pricing fear. I'm pricing Bitcoin. The quarter was rough, but the SAS per share rose. They saw a selling. Everybody froze. 32 coins just to test the machine. 0.0 004% barely seen. Then we bought 48 times more than we sold. But bears read one headline and hit caps lock bold.

01:34 Own the most capital. Issue the strongest credit. Create the best equity. Rinse and repeat it. Bitcoin is the winner. The credit turbine spins. They say the quarter's over. I say the century begins. Own the most capital. Increase the sat. >> Is it? It's like this Nigerian prince. You know when Nigerian prince emails you, he makes mistakes in the email by uh by default by by design.

01:58 By design because he wants you to reply only if you are [ __ ] enough to look past the grammatical errors otherwise the Nigerian scammers they would have too many people writing if the email is perfect. So they make it retardio by design. So only the biggest retardio answer. Man sailor. I don't know if it's the same thing or if or if it's similar but I love this song.

02:21 I got to say I love I love the song. >> Yeah, you saw us sell some Bitcoin. We bought 48 times more this year. S at 8950. Everybody asks, "Michael, can you bring this thing to par fast? We've got the cash. We've got the Bitcoin stack and nearly 1 billion left in the buyback. Not too slowly, not too quick. Calibrate the market. Make the credit stick.

02:47 Sure, a billion dollars. Go ahead, be my guest. to pay 12% a year to have. >> I mean, you guys saying that this is cringe, you know. I mean, I agree. It is cringe. It's very cringe. But, you know, for them it's working. Look at this. This is the CEO. This is Lun Alden. This is the Bitwise guy. They're all help us build the best. Maybe the best way to buy the most Bitcoin is not to buy the most Bitcoin.

03:12 I'm going to sell one and then I'm going to buy 10. You want us to sell none and somehow buy 11 with money conjured by a genie underneath the desk. We don't quite have that. We have digital credit instead. Own the most capital. >> Yeah. Yeah. Yeah. Guys, I I mean it's crazy. Strategy is definitely an institutional product. So, all in all, I mean, listen, for them, this works.

03:36 We're now bullish. We're thinking more about the upside here. A few months ago, we would be way more bearish on this. But now that it is time to be bullish in the buy zone since June 1st, we are in the buy zone. Now we're more positive to his AI slope. I mean, his AI slope, it's uh it's insane. It's insane. But you see, everyone is speaking about it.

03:55 Everyone's speaking about it. At the end of the day, it works as a marketing tool and everyone is saying it's cringe. It's retardio. But but but Stretch is up slightly. I mean, it's up here from the 80s now into the '9s. can go back to 100. If it goes back to 100, they can finally use it to raise money. Now, they are themselves pumping it back up. I mean, Sailor, he he may stretch to raise money, but now he needs to sell Bitcoin to pump up stretch.

04:21 So, it's a bit backwards, but let's see, guys. Let's see. It's good for you to know that they're still alive. They're still doing dance. They're still trying to get stretch back and and so on so forth. Now, stock market up and up and up and up and up. Let's look at the S&P up and up and up. Very, very nice. NASDAQ. NASDAQ where is NASDAQ also up and up and up still bull trend um Michael Bur has said it's going to crash like 1987 he said here in 2023 that it's time to sell and we are very very humble and we just say

04:49 never short a bull trend so very important lesson because now that the attention on AI is so big everyone's saying it's going to collapse it's going to collapse it's going to collapse we're also saying that I mean at some point the AI stocks likely are going to go down a lot maybe even collapse who knows but we need to see the trend first many stocks are now in the bare trend but not all of them.

05:10 S&P is not in bad trend. NASDAQ is not in bad trend. So to be to be bearish stocks overall it's too early. It's too early. At some point it's going to be time. Now it's too early. Look here look here ETF inflow into ETH is 92 million. Okay. ETH is getting a bit of inflow. And also when you look at uh Bitcoin IBIT they have inflows now every day. Every day this week they have inflows purchasing a total of 478 million.

05:32 So as you can see the tide is shifting guys. is shifting and somewhere here the tide is shifting. We are bull posting. We're if you follow me on Twitter, I'm bull posting every day bringing the bullish energy. Now with the capital, we're a bit more careful. We're only deploying 10 to 15%. But in terms of psychology, it's important to be bullishly adjusted now.

05:53 So as soon as you have the candles green, you are not coping. Most people, they're going to be coping. They're going to be say, "Oh no, it's a fake out. Oh no, it's a fake out." Then I'm going to go to 80. Oh no, it's a big fake out. I'm going go to 100. Oh no, it's a massive fake out. I think who was it? cryptocapo. He was bearish all the way from 30 to like 100k last cycle because he was he was coping too much.

06:13 He was stuck in the bare land. The bare land way way way too uh too much. Now guys with the clarity act clarity bill it is it seems that it's not going to happen. It seems that it's not going to happen. I mean that's the latest but they changed their mind a lot. I also have seen that it it is going to happen. I mean, just yesterday we read that they agreed to vote on it before the recess, but now everyone's saying it's not going to happen.

06:37 They they're going to do it after recess, which means they're never going to do it. Let's see what's going to happen. But Elizabeth Warren, she's happy. Look at this. >> So, um, you're opposed to the Clarity Act. Do you think there's anything that could happen to change it so that it would be appeasing to you in any way? >> Of course, we need crypto legislation.

06:56 I've been saying this for a long time. I put together a crypto bill, but crypto legislation that has been written by the crypto industry to protect and advance the crypto industry and that helps Donald Trump make his next $1.4 billion on crypto scams and that puts our national security at >> I mean she's not wrong. She I mean that's the problem with Trump.

07:21 We have we did get a bit of a double-edged sword. We did get bullish crypto regulation in the way he could with the SEC replacement Gary Gensler. But at the same time, yes, now Democrats have a lot of ammo against us with all of the Trump stuff, both when it comes to corruption, when it comes to national security, the fact that foreign leaders are buying Trump coin kind of, you know, hidden money flow to Trump family.

07:45 It's also true. Like it's not not true. It's true. Unfortunately, it is going to be used against our industry and it is one of the reasons we don't have the Clarity Act. At the same time, you have to ask yourself, would Clarity Act even be a thing with Gensler and the Democrats? That's another thing. So, listen, no one is perfect. There's no perfect president, you know, perfect party.

08:06 They're all politicians. They're all politicians. And you're a pleb. I'm a pleb. We are plebbe, okay? We don't matter, okay? They they do their own business. They do their own business. So, don't get, you know, fan girl. Don't don't fan girl over some dude or some woman that is that is politician. Don't fang girl. It's very very dumb. It's dumb. I have transcended that.

08:26 You know if you last year we were we were fan girling. Now we're transcended. We we mind our own business. Wherever you're from which political party big welcome. Big big welcome. We take care of ourselves. We make money. We need the money. Okay. We need the money. We need the profit. We need the big big profit. I wrote a book big profit. Why? Because we need the big big profit.

08:47 that that's the only thing that matters. Big fat profit. Okay, now let's see what she says. >> risk and that puts our economy at risk and that just encourages cheating people. That's not good crypto legislation. That's just >> that's false. That's false. I mean, it doesn't encourage cheating people. In fact, it has very nice rules for everyone, for consumers.

09:11 So, that that's wrong. That's wrong. That's wrong. Aya, that's very very wrong. giveaway to this zillion dollar industry. >> Zillion. >> Let's face it, crypto thinks they can buy a Congress that will do what they want. That's what they're trying right now out in Minnesota. That's We have to fight back against that. And we have to fight back because there are a lot of places we need regulation.

09:39 >> You understand? You understand? Exactly. We're only fineirling for Elizabeth Warren. That's correct. That's correct. Now Bitcoin is trying to break out like this trends guys don't worry about this trends I mean this when people draw this um diagonal line in most case it's for guys the trend is here the trend is the money line okay that's the trend all other trends Bitcoin is still in bad trend that's why it can easily go to 40 we're going to be buying there we're still bullish nonetheless but we're deploying slowly

10:02 here we're going to be be keeping deploying until uh until October approximately in the buy zone and then the rest we're going to deploy when we go bull trend so 10 to 15% in the buy zone the rest when we go bull trend and [ __ ] now is at 81. It's going to go lower in the coming weeks. Um now, so when you look at the crypto industry, what has happened?

10:22 A lot of miners guys, they're shutting down. They're shutting down and they are moving miners to AI compute, especially in the US, it's a big big thing that a lot of this a these crypto mining companies are now a minor and the Bitcoin hash rate has only fallen 20% from the peak. Okay. So all in all, you see that Bitcoin is very adaptable. Sometimes people say, "Oh, but what's going to happen if miners shut down?"

10:46 Well, if some miners shut down, other miners are gonna shut up. Or how you say that? What? They shut down, they shut up. But you know, they they shut on. How you say? Why? Why? Why? It's not logical. They shut down, these guys, they turn on. They turn on. So mining is global. When some people shut down, it means that mining now is easier and other people can scale up.

11:05 Exactly. We have English teacher Guzman there. By the way, big shout out to Guzman today. He's time stamping. He's saying scale up. You shut down, you scale up. Exactly. So yeah, it's worldwide. Worldwide anyone can see that the difficulty is going down when competitive when when your minor competitors shut down and you can shut shut up. You can scale up.

11:24 Exact. Exactly. Look here. Hackers behind cold card exploits moved 64 bitcoin and uh 200E through cryptomixers wasabi and tornado cash. So finally he's starting to use the brain a bit and start and starts to move. It's going to be hard to move because everyone is is now looking at those addresses. But potentially can he can launder a bit. Now look here.

11:48 Look here, guys. Uh Trump family, they're a bit of a developers. They did an API, an application programming interface. And this is a leaked ad about the truth API, which is basically that you pay to get early access to Trump's tweets on the truth uh social platform. Listen to this. For years, the market rewarded those who knew things first. They called it illegal.

12:12 Not anymore. Introducing Truth API. Tariffs at 2 a.m. You're already short. A pardon for a major shareholder you bought at the open. Restarting the Iran War. You'll know first. Truth API. It's not insider trading. When the insider sells you the feed, just $100,000 a month, which, let's be honest, you'll make back by Tuesday. Truth API. It's [ __ ] up, but real.

12:37 not available to poor people for years. The market rewarded those. >> So guys, it's a real thing. It's a real thing. Truth API is coming. It is um yeah, it's an API for developers. So you can get the data first. Whatever is happening on True Social, you get the data first. And it's crazy that they're doing that. Like with all of the corruption and all of the discussions, they just doubled down, you know?

13:07 Get the insider info first. Why Trump media sale of fast access to market moving social post is controversial. Yeah, let's see. BBC BBC fake stream media. When Donald Trump speaks, financial traders are among the keenest listeners from trade wars to military yada yada. So now they're going to be releasing this API. It launches a paid service to give Wall Street firms and investors the fastest access to social media sites.

13:34 most influential accounts not they haven't directly said the service includes the account of the president himself but with some 13 million followers the most on the site is fair that likely is going to be included so yeah there you go I wonder how it's going to be so basically you post let's say that I'm Trump I post a tweet for how many minutes it is being secret only for the insiders is it for 10 minutes is for an hour or what's going to be where it's just a few seconds so the service was anticipated to become

14:03 available to sushi's customers on August 1st and yeah it's 100k per month guys so very very cheap you get it back by Tuesday well if you have mania maybe possible you can make it back um the Trump media says it expects to create a steady source of new revenue for it that's good that's good while anyone can pay for the service it's mainly designed for the so-called high frequency and algorithmic trading firms so there you go guys there you go yeah let's see what's going to happen but you see Trump it's a it's a good

14:26 service I think it's a good service obviously because Trump has five Iran wars per week then he ends them now now Again, there are some, you know, shots fired. So, obviously, it's a good service. It's a good service for those that are trading it. Uh, now you and I, we may not be trading it all the time, but if you have that unfair advantage of having a bit of info, it's a very good service.

14:47 Now, is it ethical? Who the hell knows? I mean, that's for Pocahontas to discuss. Get the Pocahontas in and uh let her analyze. Let let Pocahontas do an ethical analysis of it. But, uh, as a service, just as a product, it's not bad. It's not bad. I mean many Wall Street firms they would rather pay 100k than to share this info with the pleba. Okay, it is very very good as a service as a service.

15:10 As a service ethical is up to you guys. Let me know. Do you think it's ethical or not? Now guys you remember a few days ago we were discussing that uh if you look at some of the trenches you lose IQ in real time. You know some of the discussions people have you know some of these discs people are in. But here is some bullish news for those people. Listen to this.

15:30 Basically, intelligence doesn't matter anymore with with AI in the age of AI. Listen to this. >> Sorry. >> Yeah. I I don't think intelligence matters anymore. I don't think it's economically um an important input for humans. >> Just like if you think back to like pre-industrial revolution, how physically strong you were was a major input into how much money you were gonna make, right?

15:57 When everything was manual labor, how physically strong you were was a major input in how much money you were going to make. And between the industrial revolution and the AI revolution, how smart you were was a major input into how much money you were going to make. >> Dude, you're really [ __ ] smart. >> This is really, really good. >> I like this.

16:15 >> Wow. >> So, the question is, what's going to matter, >> right? >> I have an answer. What's What's your What's your opinion? What do you think it's going to be? >> I think it's going to be agency. It's your ability to make up your own mind and then be relentless in the pursuit of the thing that you want. Uh because now you have all the tools. You have intelligence for free.

16:40 You have, you know, machinery. You have energy. You you have all of these things for free basically. >> Yeah. Yeah. >> Right. But you know what's not free is motivation. uh you know what's not free is being relentless and dedicated and just going after it day after day. >> Yeah. I mean there is some truth to that. Now at the same time if you rely on AI too much for your decision- making process it it will it will make you dumber.

17:07 I mean it will make your company worse. At the end of the day sometimes AI itself is [ __ ] but where you look at how the how the tech is developing can the uh plebbe who is not too bright now be brighter? Yes, for sure. For sure. The plebe who is not too bright can now vibe code the freaking app. Okay. And now with the, you know, with the latest models, maybe even that app is going to be a bit secure.

17:34 Maybe it's not going to have too many issues if you also use the fable model to audit the code and propose suggestions. So maybe potentially it's not even going to be leaking all of the back end. maybe potentially it's gonna have some security for the API which only the authenticated users should be able to see and so on so forth. So there's definitely truth to that.

17:55 So basically yeah a bit of motivation here this Friday morning to everyone who is feeling yeah maybe I'm not the brightest well now you can be a bit brighter not super bright because AI still is in the early stages but a bit more a bit more. And now it's all about the agency. It's about the agency how much you can use these things. Oops, sorry. How much you can use these things and and make something happen.

18:18 So, uh there is a professor never listened to professor but he's saying Bitcoin is going to go to zero and we are reacting on different opinions here. So, let's react on this guy >> to something you actually said earlier. You talked about Bitcoin briefly. I've heard you say that you think Bitcoin is going to zero. >> Yeah. >> Okay. This is worrying.

18:34 I think I have some Bitcoin. >> You're an economist. You're saying that Bitcoin is going. Guys, the first thing an economist never listen to economist. Economist they are educated but they become lobbomized. Education in economics is loimization. Why is it so? Because when you have economy it's not an exact science. You know if you have math, if you have um computer science, if you have chemistry, physics, whatever you learn is correct.

19:05 You know it's correct. You run the equation, it works. You send rocket to the moon, it flies. Now, some of you guys don't believe in space. Big shout out. Let me know in the comment section. But with math, with physics, it works. With economics, it does not work. Whatever you learn, maybe it works, maybe not. Otherwise, all the professors would be billionaires trading.

19:22 Okay? Because trading is basing what's going to happen is basing on your economics playing out in a certain time period. So, the economic professors, they learn stuff which I mean maybe worked in the past. Interesting, you know, interesting stuff. They learn interesting stuff but it's not practical. It's not practical. I mean at the end of the day countries still cannot decide what's best.

19:41 Which tax is best. Some go from low to high, from high to low. Wealth tax not well. You know nothing is is set in stone. Everything is vi vibes. All economics is just vibes. Everyone is just vibing. There are some stuff that clearly does not work. Communism does not work. But some people still think maybe it's going to work in Mandani in New York. Maybe it's going to work.

20:01 I mean who the hell knows? But you understand. This is why when you have something to invest in, don't speak to economic professor because he doesn't know. He's he he's play he's a play. He's a pleber. He's a big big pleber. He he cannot put his knowledge to market and become millionaire or he he doesn't know. So listen to this. >> Zero. Why? >> Because ultimately because of its reliance upon energy.

20:26 I mean I you know you Max you Max Kaiser and Stacy Herbert. Have you met them at all? >> No. They were sort of the original proletizers for Bitcoin and they're now living in I think El Salvador um which is adopted Bitcoin as a form of currency. When they told me about Bitcoin, I could have bought it for a pound a bitcoin which would have been I would have been a bloody would be wealthier than you if I'd done that.

20:49 The reason I didn't was they explained that the way that the public ledger is kept safe is that it takes too much energy to break it. So each >> Well, wait. So, he did not buy because he didn't like the energy stuff. Okay? See, he's looking at the totally wrong dimension. Why do you care about energy stuff? You should care about the pump, the price chart, supply and demand.

21:10 Why you care about the energy stuff? No, no one cares about energy stuff when they buy Bitcoin. They care about the story. They care about that it's self custody. You see, man, professor, why you look at the the the wrong stuff? Why? Why what I mean you see who who looks at oh should I buy bitcoin or let me look at the energy you know consumption it's it's the number one you know mid-of-the- curve 2017 kind of fud the mid-curve 2017 fud is that bitcoin is using more energy than Sri Lanka or something okay >>

21:44 transaction requires 10 minutes of computer processing time globally by the looks of it to actually create an extra bitcoin and that means it's too expensive for somebody to try to break the ledger. That means it's got a huge requirement for energy use. And I believe knowing what I know from climate scientists that at some point we're going to really >> Oh, yes.

22:07 I I don't want to debate climate, but you know, it's been a bit overexaggerated. I remember I was in I was in like middle school. They said in 10 years it's going to be flooded. I'm like, man, holy [ __ ] You know I it was at the time I I I still don't have too much of my own developed frontal cortex. Like holy sh really in 10 years glacier melting you remember Al Gore Al Gore he made like a documentary I was like holy crap is Al Gore is what's his name George Bush Al Gore is like presidential guy okay he has

22:38 documentary I was like in high school or something when that docu documentary came out Al Gore saying it's going to be flat I'm holy crap and I think I think they even said five years in one of these documentaries because they fed us a lot I went in Sweden to school they fed us a lot of this propaganda and then either in atal Gore one or in another one.

22:55 They said in 5 years we're going to be flooded. They said it's at the point of no return. Bro, we're like 20 years later. It's okay. It's okay. It's okay. But this guy did not buy Bitcoin because he also watched something and he said it's a climate change. Okay. Climate scientists that at some point we're going to realize we're using far too much energy on the planet.

23:16 We've got to cut the energy consumption. And the two easiest things to cut out to reduce energy consumption are cryptocurrencies and international travel. >> Yeah. And then he says the the dumbest thing ever that we we should cut international travel. Wow. Wow. Wow. But you know what? If you are a politician, you're not going to cut international travel.

23:38 Your private jet is going to go. Let's get Okay, guys. Let's not get into much into politics. I mean, obviously, climate is changing in some some way. I don't want to get too much into this uh rabbit hole. But uh people are going to get very angry in case something happens to that uh to to their travel. Okay. While politician go private jet. So all in all you see how much you know propaganda is in his brain and he's very bad at trading.

24:00 He's very bad at trading. He's very very bad at trading. So yeah, you understand? Now moving on guys. You remember Leopold. So Leopold we discussed him for a while. We discussed for a while. Leopold is the bright genius. genius kid who did a big hedge fund then got wrecked by Citadel because Citadel Ken Griffith said that rates are going to go up. So Marcus panicked.

24:21 This was last week. This week markets are back up because Ken Griffith said that they're back. Everything is good is bullish. In the meanwhile when they panicked he bought up everything with Leopold because Leopold got basically liquidated. Now Jim Kramer he's throwing Leopold under the bus. Now Jim Kramer is saying that people knew about this guy. Everyone knew he's gonna crash.

24:45 But last week before the crash, he said when this man touches something, it turns to gold. Jim Kramer. I love Jim Jim Kramer. Listen to this. >> Wow. Yes. >> And I think you'll notice that when this man touches something, it's turns to gold. Importantly, the puts that he bought, those were for the war. He took them off. He's very bullish. >> Well, that was an important point you made last week when we first discussed Mr.

25:08 Rashen Brener, >> young young Leopold. >> This guy's for real. And is a company that >> that's Michael Dell. Of course, that's not Oh, sorry, sir. Sorry. Uh, forgot to click the button. I turn on turn off the mic when when video plays 7. So in one week in one week went from massive bull on Leopold to now I you know everyone everyone knew. So in verse Kramer worked again when he's too excited about something you got to get out.

25:52 You got to get out very very quickly. When he's not excited he said that he sold his Bitcoin due to quantum then you got to be excited. You got to be excited. So that's why we're excited Bitcoin. Guys, let's check with our Bullmania AI which is coming to all Bulmania members. And if you join Bullmania in the coming 9 days, you're going to also get a part of your Bulmania membership.

26:12 So to join Bulmania, go to bulmania.com, sign up for the weight list. Wait list is running out very quickly. As soon as we send out the email uh it's running out very very quickly. So as soon as you get the email, click it, click it, click it. And so let's check with our AI what has happened in AI stocks in particular. Like the best thing with this AI is how much time it can save you by uh answering specific questions.

26:34 For example, what is happening with AI stocks, hyperscalers, newcomers. So top stories, guys, top stories. We're we're keeping an eye on this AI bubble. So that when it starts to rotating, we know, we know, we know, we know, we know. Look here, open air drops uh new model. Uh this guy steps down from Google. We covered it yesterday that the the basically the head of deep mind has now left Google.

26:58 Uh then you have uh Microsoft Open AI revenue share is massive. Nearly 70% of Microsoft AI revenue is from just one client. Okay, one client is a big thing. Let's see how Microsoft by the way is doing because they bounced nicely from the 200E moving average. And now they're still pumping. They're still pumping just like we said guys at 200 moving average.

27:20 Microsoft is fantastic. It's fantastic. and and now that it that it that it has bounced even this news that all of their revenue is from one client it doesn't even dump it. Uh LG Nvidia summit next week. Greg Brockman details unifying quick chat and deep reasoning model is a big step forward towards simpler chat GPC. Guys, do you use chat GPT? It was long time ago I use it.

27:43 I'm kind of clawed now but maybe I should check back on it. Has have they done something massive? Open eye is working hard to empower everyone with intelligence. So even if you are not too bright PLA, you can be bright in the form of great products. Okay, good, good, good. Morgan Stanley, a supply chain map. Ooh, that's interesting. That's interesting.

28:00 all of the supply chains. Do they show it here, here, here, here? So, you have an overview of the whole AI uh AI bubble. So, you can keep an eye on it. But again, we're bullish the AI bubble until the companies go into B trend. Some of them have done that already. Micron at this FMS three awards. Okay. Okay. Uh next, newcomers. This is interesting. For all of you guys who want new trade, look here SI time.

28:24 You can check here what all it is. It is now in a potentially new bull trend. Look at this potentially new bull trend. Uh data center timing chips. So you know some kind of new company under the cover that most people don't speak about in AI. Now you have it is one of the infrastructure beneficiaries that is still under the radar. Slightly surprising because they're posting triple digit growth with exposure.

28:47 So you can read more. I mean if you want to find interesting opportunities. This is what I what I mean. How would you else find it without the bull mania AI? Iron Europe push. Let's see. Iron, how you doing? Iron, a bear, bear. So, be careful. I have a hyperscaler optical tech headed into a top three for hypers scale nextg AI. Let's see what's going to happen here.

29:10 Holy crap. It pumped 25%. What's happening? What's happening? IA. I have IA. IA. It's a new bull trend, man. If it pumped on on the day. Yeah, almost new bull trend on the weekly. So, keep an eye keep an eye on Iva. if you I mean if you are into this stuff, you want to trade the new things that are uh flipping bullish or bearish and basically it's a new way to use to use the uh money line flips because here you get more of a narrative and then you can check the money line and then we have the scanner where you can just

29:40 see you know everything that's flip bullish everything that's flip bearish but this adds you more of a narrative you know why you know what's happening in the industry and then you can time your entry with mechanical rules etc etc so that's that uh regulation Steve Bannon Steve Bannon still in the game somehow on a oversight. He's saying that the White House approach is too cozy to Silicon Valley calls for at least the rudimentary regulatory framework on national security grounds.

30:05 Man, Steve Bannon is what's happening with him? He's still in politics or or what happened? Uh why would you allow them to be in control? You don't. I'm the anti-de he didn't get the memo that uh it's different now. You know, it was drained the swamp. Uh but now we're the swamp. Now we sell API 100K. He didn't get the memo man. Uh see this is the problem.

30:29 You know I'm kind of uh looking a bit at the uh what has happened you know in different countries. Those guys that are too politically uh ideologically convinced they are the pleba. They're the pleba because if the leader changes the mind or the leader priorities change you're not needed anymore. You may be even dangerous. Let's say leader used an ideology to get to power.

30:52 He doesn't want you a fanatic of the ideology to become strong. He wants you to support him no matter which. Maybe he doesn't need the ideology. Maybe ideology that got him in power is cursing him to stay in power. So all of this pleb who's like I mean they're so excited. Oh this is going to happen. It's it's politic man. It's politic. If you if you're too much, you know, ideologically convinced, uh, yeah, you're going to get drift there somewhere.

31:19 So, Steve, he's saying anti-establishment, man. It it was 2016. It was okay. You were part of the team 2016 anti-establishment. It's different now, man. It's different. It's different. So, anyway, there's a Trump poly silicon tariff, formal executive order imposing tariffs. There you go. More more tariffs. specific tariffs on poly silicon. Okay, that's that's interesting.

31:42 That's interesting. Um, Chinese optical restrictions, AI agent shopping. Federal appeals court allow a shopping agents to keep acting for customers on Amazon. Yeah, I mean this is quite interesting. This is basically that AI agents can now be your shopper. Okay. Well, you buy something, you shop around, your AI can do it, and those decisions are your decisions, which I guess goes uh it's kind kind of a double-edged sword.

32:10 I mean, look here, a federal appeals court just ruled. Okay, some random account with one like, but this is the power of bullying AI. It can give you even this uh the small ones you would never find. Uh so check do some more research. But you see if courts say agents can shop wherever they want. Blocking AI stops being a strategy being readable to agents.

32:30 But also let's say AI does something retardive. Okay, it buys you. Let's say you shop around. You know sometimes if you guys have used this Chinese marketplaces, you want to buy maybe you want to buy like you know a uh coffee maker like a coffee thing like this but then it arrives like this like it's a miniature but it wasn't clear from the pictures.

32:54 Okay, maybe AI buys you, you know, your coffee maker, but it comes like a it was a key ring, but it looked like a real one. Okay, you cannot dispute that. You cannot dispute that. And you're going to get 400 of them. Exactly. You're going to get 400 of them. So, and then uh so basically the AI mixes it finds this a bit obscure uh a bit obscure twist like this one has just 13 impressions with the smart voices.

33:20 So, here are the the smart voices where it knows that these guys are are proven. They're proven influencers. So, uh, so CAM nerfed. Uh, this is for all of the people who are really into this, you know, AI for real. I mean, this is beyond me even, you know, 192 GB SOCAM two configuration. Nvidia asked the memory makers for corresponding volume of sock.

33:41 So, if you really are deep into the weeds, this is this the kind of thing for you. Do you have to be this deep into the weed? No, it's it's just for infotainment, guys. It's just when you see the chart anyway. I mean if the chart is bearish it doesn't matter you know what you know Nvidia so come to but it's for infotainment it's quite interesting it's quite interesting it's also quite addictive to learn what's happening you can be the smartest guy at Thanksgiving if you want to be the smartest guy at Thanksgiving

34:02 speaking about the Nvidia so cam 2 nerfed 64 GB you have it here so this is the new thing we just discussed C time how you pronounce it now triple digit growth pure play we just discussed that Melwin invest full stack act value no longer concentrate only at GPU layer. Oh yeah, this one is interesting. Basically the new uh the new opportunities beyond just uh you know buying the the no-brainer uh GPU and memory makers.

34:30 So at the top see the owners operators like the hyperscalers like meta, alphabet and so on so forth. Below see the actual buildout and so on so forth. These are different stages of AI. We've been discussing it in bulmania a bit. Server components include passive parts from these companies. network infrastructure these companies internal power it's different companies so who benefits all of this everyone in every box benefits in some way and then looking back at the at the road map at the uh bubble bubble how you say

35:00 industry map industry map auto and so on and so forth I mean I I can you see here it's uh and it took like 2 minutes to generate it cost you only 300 tokens uh if you are in bull menu you're going to get like tens of thousands per day uh probably around 10,000. I mean to be clear, not to get expectations up. We're going to see we're going to see how our cost is here.

35:21 But uh yeah, you imagine this you would just go and try to figure out yourself scrolling Twitter getting distracted and so on so forth. So yeah, I mean I myself I use it freaking every day. I wake up and the first thing I'm thinking, yeah, let me ask Bullman AI what happened in the market. What happened? Tell me. Tell me. Tell me. And boop, in 2 minutes it has it.

35:40 Very very nice. Uh now guys, what else? What else? What else? That's that. Let's go to Q&A. I think that's it on the big picture. Uh there are some let's see some some some stats. Let me just show you some stats. Uh there are good stats. I mean stats are coming back. Hyperlquid versus arbitum TVL. Hyperlquid is more than arbitum chain. Let's just go to Q&A.

36:05 I mean all the stats this and that stats stats is the same stats like Sana is the number one index volume. Then um ETH is the number one in t know the stats they're all the same like there's nothing is happening guys let's go to Q&A questions answers debates discussions big shout out to who to Guzman to Guzman for what for time stamping us today big big big shout out to get your hands on the Bulmania AI you have to join Bulmania within the coming nine days to get part of the uh basic basic membership not as an add-on

36:40 which is going to be in the future go here to boom mail.com first link sign up for the wait list. We're releasing now daily spots and u if you sign up here you will get the email in the coming day. Um and yeah LFG let's go Q and A as soon as possible. Let me just see if Lumis went nuts here a bit. Ah okay just American needs I want Lumis to speak more why they need clarity.

37:16 Wait, wait, wait. So, the latest is this is the latest. The Senate negotiations to get August recess have snagged in part on the clarity act. Sources involved in the talk say Democratic leadership continues to push the delay. So, it delayed or it's not delayed. I just heard that it is delayed before the stream. Let's see. Clarity Act. Yeah, look here.

37:47 Senate delays. This was 7 hours ago. So, yeah, it's got to be delayed here. Yeah. Yeah, it's delayed, guys. It's delayed. John Ton confirming is delayed. Yeah, guys, it's delayed. It's delayed. So, it's basically not going to happen. delayed after the recess. But will it happen? Will it really happen after the recess? Because it's not agreed. I mean, they still have the same debate, etc.

38:15 Anyway, we may not get the clarity act, but we have the song here from Sailor. The quarter was rough, but the SAS per share rose. They saw us selling, everybody froze. 32 coins just to test the machine. 0.004% 004% barely seen. Then we bought 48 times more than we sold. But bears read one headline and hit caps lock bold. Own the most capital. Issue the strongest credit.

38:47 Create the best equity. Rinse and repeat it. Bitcoin is the winner. The credit turbine spins. They say the quarter's over. I say the century begins. Own the most capital. Increase the sats per share. You saw us sell some Bitcoin. We bought 48 times more. This is AI use case. This is the AI use case I want. This is the AI use case I want. All of the other fugazi that is going to replace people.

39:09 This is the AI use case we need. >> Yeah. >> S at 8950. Everybody asks Michael, can you bring >> Look at Lyn Alden. Look at her. Look at her here. Look at her here. >> Fast. We've got the cash. We've got the Bitcoin stack. And nearly 1 billion left in the buyback. Not too slowly, not too quick. Calibrate the market. Make the credit stick. Sure, a billion dollars.

39:36 Go ahead, be my guest. Pay 12% a year to help us build the best. Maybe the best way to buy the most Bitcoin is not to buy the most Bitcoin. I'm going to sell one and then I'm going to buy 10. You want us to sell none and somehow buy 11. >> Wait, wait. I mean, what is he saying? I have to sell one to buy back 10. You want us to sell none by by 11? But it's not possible according to him.

40:02 >> With money conjured by a genie underneath the desk, we don't quite have that. We have digital credit instead. Own them. So they sell one to buy back 10. And you want him to sell none and buy 11. But that is like genie under the desk. They don't have the genie, so they cannot do it. But they have digital credit. the most capital. Issue the strongest credit.

40:31 Create the best equity. Rinse and repeat it. We want the world's largest company. That's the company ambition. Not the most employees, not the most products, the highest valuation. Don't own the most capital. Let the credit turbine spend. 600 million became 60 billion. >> Guys, it is Nigerian prince. It's Nigerian prince. They they they do by default something that is retardio.

40:54 So only people that love it. Well, I mean we love this. I just said we love it. But I love it not as investment as as cringe video. I love it. Only that people that love it as investment they are attracted. They don't ask too many question. They become sailor maxi. That's it. That's it. That's love it. Love it. Love it. So u Q&A. Are you optimistic for fundamentals?

41:24 pumpmentals fundamentals. Are you optimistic for fundamentals? Will crypto find real use cases? Yeah, it has real use case. What are you speaking about? It has real use case. Now, uh it's it had the real use case in the bare market also like guys as you know fundamentals for the price. It's a bit secondary. But of course, I mean fundamentals are great for Bitcoin.

41:42 They've always been great for Bitcoin. You can store it, you can send it around, you you it's outside of the government control. So, yeah, fundamentals are fantastic for crypto. And then you have Zcash, which is private Bitcoin. So uh we have good fundamentals always and they are only getting better because now there's more stuff with hyperlquid with there are more use cases.

42:00 So I I don't really buy this thing where people are depressed. They say oh crypto has no fundamental or no use. What do you mean as soon as we pump a bit but it's because it's bare market. So people say you know are will we find the use case? Crypto has no use case. As soon as we pump a bit then everyone's like yeah of course it's digital gold. Yeah of course it's uh freaking fantastic.

42:20 It's uh you can store it, you can have it worldwide, it's outside of government, inflation hedge, yada. It has all of that. It has all of that. It always had all of that. And by the way, the price now is what 64. I remember in 2021 when it went to 64 for the first time. Which year was it? 2021. When did it go to 64 for the first time? I mean, at this price, back in 2021, people loved fundamentals.

42:42 I mean, I can tell you here, you know, people love the fundamentals at the at the peak here. So, yeah. Yeah, I mean to answer your question, Bitcoin has great fundamentals. There's Zcash, there's smart contracts. I mean, it's fantastic. It's freedom for the world. And maybe that's what I need to bull about more because that we have lost that. And as you know on Twitter now, I'm bulling a lot.

43:00 I'm I'm the biggest bull on Twitter. Follow me on Twitter for let's bull together guys. We are attracting the pump into our life. I'm bulling here like every day. Bull posting and bulling. Go follow me on Twitter, Ivanotech, and then you can retweet and we can basically bring the bull market into our lives. Okay, we're single-handedly bringing the bull market back.

43:20 Bull posting, attracting the pump into our lives. Let it come open your body. It's true. It's true. It's true. So, yeah. Uh what was I saying? Uh yeah, as soon as the prices pump a bit, everyone going to say, "Oh, the greatest use case. We have the greatest use case." Now they don't pump. People are like, "There's no use case." So, don't worry. There's use case is the greatest.

43:42 He's the greatest Bitcoin. Sailor pronouncing Bitcoin. Yeah, he pronounced it. Yeah, he pronounced very very hard. Bitcoin. Yeah. Which crypto is the most quantum resistant right now? Oh, that's a very good question for the AI because I think all of them have issues. There's no like super quantum resistant. Let me ask AI actually. Which crypto? Solana is not quantum safe.

44:12 If I mean I I don't think any of them are crypto uh quantum safe currently. Which crypto is the most crypto safe right now among let's say among the big caps? So it doesn't find some you know fake ICO that says they're quantum. Uh because there are many coins that that do for guys. They say oh we're quantum or quantum then it's for guys. So let's just focus on the big caps.

44:34 Let's see what it says. But I mean, Bitcoin is probably the the mo most vulnerable one because it has the oldest tech and to change it is very is impossible with all of the politics, etc., etc., which is good in some point. I mean, in some sense, it's good that you cannot change Bitcoin. Uh, ETH, if Vitalic decides they're going to have quantum in the next six years.

44:54 Uh, decision is fast, but then implementation is very slow for ETH. Sana, I mean, Solana is not quantum safe either. They they need to, but they're actually working right now on it. Let's see what it says. Let's see what it says. Did you see Charles Hoskson going full Lord of the Rings with Myithil died? What? Why is it Lord of you mean Myithil? He I think it's more Runescape.

45:24 He went full Runescape. Myithil full body. Full body. Full body plate. So let's see. Let's see. Let's see. Oh, that's interesting. Look here. It says Bitcoin is the clearest because why? It has deepest liquidity. Okay. It says is because of deepest liquidity. I don't know how it's going to save it from quantum, but it says deepest liquidity. No, no, no, no, no, no, no, no, no, no, no.

45:53 Don't speak about liquidity. Speak about tech. Speak about tech, man. What do you mean liquidity? How is it going to save liquidity? But yeah, I mean they have the is the most attention. Maybe it probably means that's most attention on it. So it's the most um uh focus utility still want blue chip status. Okay. Okay. Okay. Let's see what it says about the tech about the tech.

46:23 But obviously with Bitcoin there's a lot of incentive to ensure that it's okay. Sailor is now creating the u the consortium for security etc etc. We need the tech. We need on the technical level. On the technical level, which one is the best protocol currently? I trust Vitalik to make Ethereum quantum proof guys a genius. I mean, I'm sorry. I I love Vitalic by the way.

46:47 I love Vitalik, but I I wouldn't um say that he's genius because he did L2. It was not genius, guys. It was it was very very bad decision. It was very bad decision. uh our ever wisest AI actually is saying that Bitcoin is uh the tech safe because it's the simplest. I you you could make that argument. Yes, indeed. Design is deliberately minimal. Okay, I buy it actually.

47:15 I buy I buy it. I buy it. I buy it because it is so simple. Making it quantum safe is the simplest. It's more of a political aspect that is the that is the hardest. By the way, I agree with this. You have a few places where signing happens and that's it. So in the code, it's not too much to change versus like Solana or ETH. So yeah, from that perspective, I buy it.

47:41 But the political perspective, it's totally different. It's totally different. Um, extreme robust after years, but the smart contract. Yeah, see this is it's true. It's true. for ETH it's easier to for them to make decision but to make everything quantum proof with all of the freaking features ah it's going to be a lot network has really halted degraded faster block time introduce different failure mode this I mean for Salana it is a bit tough also to upgrade why because they they will lose a bit of speed their their

48:13 biggest pitch to the market in Sana is the speed they're so fast I think when they run this experiments with quantum it slow down a A lot a lot. So yeah, faster block time, more aggressive feature in different. Yeah, that's also true. Both carry this and that. I mean on the tech front, I think I buy it with Bitcoin being number one. Then ETH versus Sana is I mean probably it also makes sense.

48:39 I mean Solana because it is so fast. It has all kinds of other failure modes. And uh this is more of a political political decision that Bitcoin needs to make, ETH needs to make, everyone needs. Okay. So that on on the text on the tech front, I think it makes sense. What about the community decision aspect? For example, Bitcoin will probably take 100 times longer time to discuss versus Ethereum and Solana.

49:14 Solana has onchain voting for tech updates. If has Vitalik deciding mainly uh how would you combine all these factors uh and have a unified risk model? Okay, let's see. Let's see what it says. Let's see what it says. Don't be fooled. Bottom is not yet in. It's It could go lower. We always say it could go lower. But let me just read you what we wrote while we wait for the A to reply.

49:55 This is how I think about it. Bitcoin is on the brink of the fattest bull market. The time to be bare was in Q4. So guys, if you've been following the channel, you know that we're probably the only channel maybe we and Ben come I mean very very few few channels went bare in October. Very few. So the time to to be bare was here in October. Most losses already happen.

50:19 Alcoin's down 80 90%. Bitcoin went 50% plus from 200 Bitcoin average. Can Bitcoin go lower? Yes, it it could go lower. Very possible. But it matters very little if you DCA. So we DCA just 10 to 15%. Now if it goes to 50K, good. You have most of your bag 80 90% of your bag still available. Good. It goes up from here also good because psychologically you're already in the bull bull mind.

50:39 So it's you're not going to be coping and saying, "Oh no, it's going to dump more." So you understand now this does not apply to altcoins. Altcoins could still dump way more and many alt coins will not come back. So my bullishness only applies to Bitcoin man. Bulmania AI loves Bitcoin. Loves Bitcoin. It says it's the safest. So I mean let's see it's I actually buy I get a bit convinced here.

51:02 So Bitcoin's base layer is delivers simple. Yes. Yes. A live example trade of just hit the T and Tommy know. Yeah. Yeah. Yeah. Okay. This is double-edged sword. So the same process that makes so it still says Bitcoin is number one and then if number two sold number three for for the big big caps how the model works in plain English weights here you have the the risk uh the risk weighing it even gave you a risk weighing so base layer simplicity Bitcoin is the best then ETH number two Slana number three um decision

51:31 decentralization here I would maybe challenge it a bit because Sana is onchain voting here is Vitalic and he comes out with a road map out of nowhere. Uh but see wi with this AI something that we need to figure out still is how to make sure it's not confused by the amount of Twitter bull posts in one way or another because if you use your brain here a bit independently you also see that if changes road map this fast it was L2s then Vitalic said ah no more L2s so in that sense I would not put it above Salana because

52:05 Sana it's the whole community knows the direction and then they vote on a bunch of stuff. So here I would actually adjust a bit. So that's why you see with AI it could make you smarter like it gives us a lot of intelligence here that would not have otherwise but you have to use your brain a bit also here I would actually put this lower than Sana uh just because yeah Vitalic decides everything and then that's it you just buy it and then all of the ETH podcasters they just agree upgrade friction so here is true I mean

52:33 it's uh for them decision is fast for ETH decision is very fast but then they take like seven years to make it happen um ability to respond to New threats. See, this is the problem. Bitcoin is super low. Salana is the uh is the best for new threats. Uh ETH. Yeah, this one makes sense. Historical base layer integrity staying up and unhacked. Yeah, this one also makes sense.

52:57 Um comp composite composite. So if you combine all of this then build number one eat number two soul number three potentially with soul being a bit more tight due to this u uh because this is not correct in terms of decision- making but yeah I mean on the big picture I think it makes sense weight the first three factors yada yada give second result leads so there you go man I love this use case I love this use case discussing with uh our ever ever knowing ever wise AI But it may get swayed a bit by the social media but

53:32 it is for that reason like this AI it is the voice of social media you understand it's the voice of social media so from that perspective it's uh also working by design if you treat it as the ever wise AI reflecting the signal from the social media okay what is said on social media this is our ever and then you can have your own brain also as the second decision maker And they can debate.

54:01 You can debate. Okay. Very nice. Uh, got a question on your book. I'm Yeah, buy the book. Like, don't even ask me this stuff. Just buy it. Buy the effing book. Buy the effing book. Buy the effing book. It covers everything. I get anno Why do I get annoyed? Because, man, it costs like, how much it cost? Like $20. But the guy is like, "Oh, but it's a well, are you sure it's gonna be how you gonna You buy shitcoin with like thousands and the book is like, uh, does it explain?"

54:34 Oh, okay. Okay. You say, "I'm not the strongest reader." Okay, man. I I can assure you this book is easy to read. It's easy to read. Does it explain? Yes. Yes. It man, it explains very It explains everything. It explains everything. But you know, buy buying shitcoin with thousands of dollars book. Buying 20 freaking dollar book that changes YOUR LIFE.

54:55 OH, IVAN, ARE YOU SURE it's a good It's crazy, man. It's crazy. It's crazy. Book is bullme.com/book. bullme.com/book. Okay. I'm not I'm not the strongest reader. Don't worry, man. Don't worry. I write guys. All of you have the book. And we must have people in the chat that have the book. Write in the chat that the book is nice and it's easy to read.

55:25 It's very easy to read. You see it's it's big letter. It's big. It's very big letter. It's very big. It's very nice. You have easy chart. Easy to understand chart. You have it's it's very nice. It's very nice. Very easy. Many pictures. You can look at many pictures. Many pictures. It's it's a narrative. It's narrative written. It's so it's it's not boring.

55:46 It's not boring. It's not a like, you know, boring book. It's a narrative written. It's a bit of a thriller. The first page, people say, "Holy crap, I went the first page, the first chapter, I couldn't stop reading. I read it all night long." So, yeah. There you go. Do you have it in other No. Learn English. Learn English. I I'm not a fan of this. Oh, do you have it in Spanish?

56:10 There are many people in Spanish that know don't know English. Guys, learn freaking English. If your Spanish, you know, friend doesn't know English. He's from Venusella. Learn English. Learn English. Without English, you cannot make it anyway. You you you're not going to get rich without English anyway. So, no, we're not going to translate it. Uh I mean, we could translate it.

56:27 We AI can translate it, but you know, it's just this thing. Oh, we should like bring Bitcoin to more. They should learn English, man. Without English, they wrecked anyway. You know, without English, they will not have money to invest anyway. They they uh you know, to to to make it in crypto. You you still need money to invest. You still need the money to invest.

56:46 So without English, how you make money. I mean even I know English. Okay. So you you you need English. Learn English. You know some people like oh no let's make it in Spanish so we can like expand or like you know bring to more. They should learn English. They they should first get enlightened civilized by learning English. Okay. That's number one. Once you know English, okay, that you can participate in global market, in global internet, you can then you can participate properly.

57:24 Otherwise, uh you know um yeah that does that mono language Americans locked out. So this this is the problem with only knowing English. You have no secret language. So when you are on vacation uh you know talking with your kid with your wife everyone can understand. Everyone can understand. I can I understand everything. I listen I understand everything you say.

57:55 Yeah. Your plans. I know your plan. You have a bit of tension with your wife. I know it. I know all of it. I know all of it. There's no hiding. You're naked. You're naked. As a mon language English speaker. I know everything. What you you liked breakfast. You did not like breakfast. You like resort? You I I know everything, man. I know everything. I know everything.

58:16 I within 20 m radius, my ear hears the problem. The problem when you only speak English. The Brits have the same problem. The same. But the Brits have a bit more stealth because some of them speak in ways you don't understand. You know, I'm from Wales, man. I don't understand anything. You speak English, you don't speak English. Isn't it crazy that when someone from like Wales speaks English, no one understands, but they are like native speaker.

58:41 I mean, that's effed up. You are born with English, but it's not good enough. And you don't know anything else. I don't know if it Wales or where is like some, you know, some of these places there like I don't understand anything. It's English or it's not English. I don't think it's English. I don't think it's English, man. some um native Celtic language or something but it's not English is I know sure anyway does that only benefit being in the back end of Cambodia and the local spoke English okay okay so guys any more

59:28 questions oh we're we're almost at one one hour let's end it here guys Big shout out to Guzman for times stamping us today. Guzman, how are you doing? Big big shout out. See you all uh when? Monday. See you all Monday. Enjoy your weekend. Hope you have a great weekend. The week flew again. Bitcoin was sideways yet another week. I should get the Nobel Peace Prize for making content about Bitcoin every day while it is at 200E moving average and nothing happens in it.

59:54 Nothing happens in Bitcoin price. Yet we still do daily content. It's fantastic. But there's I mean there's always something. There's always something. We can discuss English. We can discuss many different things. We're here together. We're holding the hands. We're going through the bear. We're starting to bull post and attracting the bull into our lives. So guys, thank you very much. Smash the like, subscribe, and goodbye guys. Goodbye. Bye.