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BITCOIN AND ALTCOINS: BIGGEST CYCLE LOADING!!!! 🚨🚨🚨 Transcript, AI Summary & Key Points

Ivan on Tech Β· yesterday Β· Entertainment Β· 01:03:56 Β· EN

πŸ’‘ Answer

The biggest crypto cycle may be loading, but the suggested approach is gradual: watch for increasing on-chain activity, dip a toe into the market, use limited DCA before a confirmed bull trend, and follow the trend rather than going all-in prematurely.

🧠 AI Summary

Bitcoin is described as being near its 200-week moving average and still in a bear trend, but the current price is presented as a buy zone for continued dollar-cost averaging. The broader stock market remains in a bull trend, and increasing on-chain activity is treated as an early signal that a crypto bull market may be developing. The recommended stance is to become gradually more bullish, allocate only 10% to 15% through DCA before a confirmed bull trend, and follow market trends rather than trying to predict tops or crashes. The discussion also covers tokenized-stock experiments on Solana, a possible Tesla-SpaceX merger, OpenAI's executive departures and competition with Claude, a Trezor customer-data breach, Tether's reported audit, memory-chip stock fundamentals, and Michael Burry's warning about circular AI infrastructure financing. The overall conclusion is to remain bullish while trends are bullish and act only when a confirmed bear trend appears.

πŸ”‘ Key Points

  • Bitcoin is around its 200-week moving average, remains in a bear trend, and is described as being in a buy zone for continued DCA.
  • The stock market is described as being in a persistent bull trend, with the S&P 500 at an all-time high and the NASDAQ close to an all-time high.
  • Increasing on-chain activity, including activity around Pump.fun and tokenized-stock experiments on Solana, is presented as an early signal of a crypto bull market.
  • The suggested pre-bull-market allocation is limited DCA of 10% to 15%, rather than fully committing capital.
  • A possible Tesla merger with SpaceX is discussed as a speculative event that could result in a premium for Tesla shareholders; Tesla is described as trading at 341, with 400 used as a hypothetical offer price.
  • OpenAI is described as facing executive departures while ChatGPT is reportedly receiving more positive attention relative to Claude.
  • A Trezor customer-data breach reportedly exposed customer information in the US, UK, Sweden, Colombia, Brazil, Italy and Portugal; 11.7K customers are mentioned later.
  • Michael Burry's criticism of AI infrastructure financing is summarized as a concern that companies are investing in one another and recording revenue through circular transactions.

βœ… Actionable items

  • Continue dollar-cost averaging while Bitcoin is near the 200-week moving average and in the stated buy zone.
  • Use a limited 10% to 15% allocation before a confirmed crypto bull trend.
  • Start monitoring on-chain activity and identify potential positions before crypto majors begin moving again.
  • Follow confirmed market trends instead of selling solely because a market appears overvalued.
  • Wait for a chart pattern to form before treating it as valid; do not draw most of a pattern and trade on a prediction.
  • Use an email alias, such as through Proton Mail, and avoid providing a full name when it is unnecessary.
  • Avoid single-signer setups where possible.
  • Treat unexpected wallet-provider letters as fraudulent, do not provide a private key to anyone, and do not click links in suspicious wallet-provider emails.
  • Consult a security company about appropriate responses if personal information was exposed.

🧰 Tools & AI usage

AI is used for

  • Research current crypto activity and compare Pump.fun with the FOMO app. β€” Provide financial data, trend comparisons and summaries of current on-chain developments.05:09
  • Aggregate and answer questions about crypto, OpenAI and Michael Burry's latest posts and predictions. β€” Speed up research across social-media posts and market news.26:04
  • Generate voice narration for market updates. β€” Add a voice-reading feature to the Bullmania AI product.15:23

πŸ”— Links mentioned

πŸ“„ Transcript

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00:00 Final coffee. Final coffee check. Oh yes. Oh yes. Oh yes. Oh yes. Guys, welcome to another episode. And as you can see right now, Bitcoin is still at around the 200 week now. Actually going a bit below. Let's see if we can get to the 40s and the 50s. If we get there, fantastic, fantastic opportunity to keep DCAing here in the buy zone. We're still in the bare trend.

00:19 The situation is still that we are in bare market. We have a high, a lower high right here, and then a lower high right here. And now potentially we do another lower high. All in all, Bitcoin is cheap here. It's time to be bullish, to think bullish. Just like Norway's fund, which is the world's largest sovereign wealth fund. As you know, Norway as a country, they have a big fat fund.

00:42 They invest because they have oil and they use their brain a bit and instead of wasting the oil money, they created a big fat sovereign wealth fund and they are increasing their micro strategy holdings. Now, you know, we've been looking at this AI slope ads by Michael Sailor. Maybe, guys, I don't. Did they get convinced when they watch the ads? Let's Let's watch the newest one from yesterday.

01:06 Every day he's pushing AI slope ads. Okay, this is the new one. of Bitcoin. >> Yes, it's it works, man. It works. I mean, as you can see, he can produce the results so that the big allocators are now allocating because Bitcoin is cheap. Micro Strategy is cheap. Let's see how much they can get. Oh, by the way, there's another one. This one, the sailor did not retweet this one, but it's kind of similar.

01:53 It's also a new one. I mean, this guy L Dodger, he's pushing this ads all the time. This is another one. >> Guys, this works. I mean, listen, people are laughing. We're laughing, but this could be the advertising genius behind all of it. But so you do have number one the stock market. Uh Bitcoin is cheap. Stock market is pumping. Some people saying that stock market is not cheap.

02:29 Everyone is has been saying the stock market will not pump. That there's no way it goes to 7.8. There's no way it goes to 8K. But stock market relentlessly keeps going up. It is in bull trend. It's been in bull trend for quite some time. So when things are in bull trend, you don't question them. You don't question them. You don't start speaking about is it overvalued or not overvalued because something overvalued can become even more overvalued.

02:50 S&P 500 all-time high fat. Congratulations to everyone who is in the stocks. NASDAQ not alltime high but close to alltime high. Close to alltime high. So people have been saying it's too high. It's too expensive. And yet and yet and yet we're pushing higher. Let me see if I can play this. This basically know there's no way S&P goes to 8,000. Meanwhile, S&P, listen to this.

03:20 I I don't want to play too long because maybe copyright, but you GET THE POINT. AH, EXACTLY. EXACTLY. EXACTLY. YEAH. And listen, Bitcoin will reach the same at some point. Bitcoin will reach the same. We're not there yet. We're not there yet, but it is time to think more bullish. It is time to see that sooner or later Bitcoin will have its time in the sun.

03:48 And I really liked how Ansom put it because as you know, we've been preaching exactly the same thing now for weeks and weeks and weeks. Basically, for the whole month of July and now half of August that it's time to be bullish. We've been bulling. We are turning bullish mentally. We're turning bullish also financially, but to a small extent only 10 to 15% with DCA before the bull trend.

04:08 But Anam actually is saying kind of similar here. Listen to this. >> Crypto majors are down a lot right now. But when you start to see onchain picking up the way it's picked up and as you can see over the past few weeks with the show, like we've had different guests on talking about the different stuff that's happening on chain. Um even if you haven't deployed capital yet or allocated yet, now's the time to start paying attention, starting to like figure out what spots you're going to pick.

04:30 even if you want to allocate like for the rest of the year because when crypto majors do turn um back and start moving again you you'll already be positioned before everybody else and you kind of can see like with pump and with FOMO there is a lot of increased like retail and media attention coming into the space and you want to frontr run that. So crypto majors are down a lot right now but when you start to see onchain >> yeah understand so when we look at what's happening onchain guys there are big moves so he

04:57 mentioned pump fun he mentioned the fomo app which is like similar to pump fun I guess I haven't used myself but I don't know can you mint coins on on foromo or it's only for trading all of you trenchers but I know for sure that there's a lot of activity so pump fun for example in the last 7 days up 25% since the bull flip on the daily pump fun is up 34% and this is by the from our bull mania AI.

05:18 I just asked it because I hear a lot for app pump app what's happening. I just asked you know what's the current state of fomo app versus pal fun. So number one we see the financial data palan is doing very well uh it's it's mooning quite heavily. I mean if we look here let's let's look actually at pump fun token when we look on the daily fantastic fantastic pump when we look on the weekly weekly also bull trend.

05:42 So both daily and weekly are in bull trend on pump fun. So you have the comparisons here if we compare right here. So product you have a new thing by the way with callout rewards. We're going to read about that but that's a new thing that they added. Social feed push aggressive K onboarding. That's number one. FOMO app comping social trading app forcing pump to ship but I don't think that they have the the minting in in FOMO app but maybe they have pumping fantastic.

06:07 FOMO app has no coin. No coin. No coin yet. I mean as always in bull market coin is very likely in this big big apps pumpcoin is leading the trench beta bounce very nice social temperature very hot alon and official product so they're pushing the founder Alon plus uh official product week it's a lot of noise there with pump fun because they're pushing they're pushing they're pushing let me see if I can get this uh call out this is their new product let's see what is it introducing call out uh reward callout reward

06:39 callout tokens call out to okay Okay. So, you basically say, "Hey, I'm bullish this thing." And you get paid daily based on the volume your call out drives to a token. Okay. Got it. Got it. So, if you shield a coin and then people trade from your shield post, you get rewarded. You get a cut of the trading. I think that I I think Vector had something similar already in the past.

07:04 Uh so, it's not a fully new thing, but yeah, good. In the bull market, guys, all of this in bull market going to be fantastic. Fantastic. You guys can sign up for Twitter. You can start chilling. You can start promoting. You can start calling out. So he's also saying grow onchain 100x. Our main goal with pumpup is to help grow the market for onchain trading by 100x.

07:26 We need to make it much easier for new users to get involved. That's true. One of the big steps we took to solve this was the reintroduction of social features on the app. Most importantly, call outs provide a way for experienced traders to share their insights and get cut of volume. So that that was what they did and also on Sana guys they are copying a bit of Robin Hood stuff.

07:45 So you have launch of on SF this new launcher which basically copies the idea from Robin Hood where you launch a memecoin and it's tied to a tokenized stock like the liquidity pool is Mimcoin plus the stock. So they are positioning themselves as a launch plus distribution layer that settles on radium. So they're not doing their own AM they're using radium.

08:07 they have some buyback and uh basically it's uh yeah a carbon copy I guess from uh from um from um Robin Hood. The whole idea here is that when you have a stock pump when you have a stock pump it's going to pump your memecoin. When the memecoin pumps it also pumps your your assets. So basically they both pump each other. Stocks pump memecoins and when mecoin pumps you also make money.

08:33 So the liquidity pool is uh is having this boosted boosted mode where both assets in the liquidity pool can potentially pump. They can also potentially dump a lot. So that's very important. So uh yeah, launch on the SF is this new protocol. Uh and then there's also tree. So tree it's a protocol on top of launch where if you have Apple stock you get a seed from them.

09:01 Okay. uh and then you can plant that seed, you can grow a tree and you get more apple stock. Okay, so a bit of you know new experiment a bit of ponzomic with kind of like D5 summer but now with tokenized stocks. So tree protocol you have Apple stock here here it's a Sana meme stock the tagline is simple trade the tree earn the apple plant the seed okay so how is the mechanism here you buy and hold tree okay you collect apple stock so tokenize one every 0.1 apple earned you get one seed okay ah okay you need to earn you

09:41 need to earn this apples okay plant seed in the garden up to five plots okay 7 days to grow. You harvest a base 30k tree. Okay. Anyway, I mean, as you can see, if you are very into this, it kind of reminds you of the DeFi summer. I hope we're going to have a D5 summer maybe now with tokenized stocks where, you know, it's different mechanics. It's it may sound dumb when you just read it, but then if you get into it, you're the correct person for this.

10:03 Uh, it's very attractive. Okay, the kind of Dion who loves this. Okay, I have this coin. Like in DeFi summary, you remember you have a coin, you can stake it, you get staked coin, that staked coin you can put in that protocol, you get even more rewards. Those rewards you can stake there, you can get another coin. So basically, you combine different stuff, you get different coins, you build up your leverage.

10:24 The ponzenomic becomes super leveraged. Then it all collapses in the bear. Okay, that's fine. That's fine. So there's a certain type of trader and actually many many people in crypto, they love this kind of stuff. If you look at this and you feel, man, this is This is does not make sense. It's okay. I mean, most people who are just, you know, buying a bit of Bitcoin, for them it's it's retardio.

10:45 But for us who are a bit into the onchain, it is good signs that this these things are happening because I can tell you it is one of the early signs of the bull when onchain stuff is happening. When you had the meme coins last cycle, they also started a bit in the bear. They did not start in the bull already in the bear. You had onchain moving, you know, the creation of of token and all of that.

11:05 And now it's the same thing here. Something on chain is happening. Yes, Bitcoin may still go to 50K, but something onchain is I mean onchain, we're seeing onchain. Um, and none of it is on base. I feel sorry for Jesse. Jesse tried getting people on chain. He did that video we watch. You remember? Can we do you want to get on chain? You want to get on chain?

11:25 Let's go on chain. And then he has some boring ass app there where you tweet mint your tweet. This is on chain. Okay, this is on chain. You have Apple stock. You plant the seed. You get more Apple stock. you plant more. You understand? So, uh more about this stock uh situation on Solana. Why might be the most asymmetrical launch pad on Solana since pump coin pairings?

11:46 So simple yet genius. A feature that truly unlocks endless possibilities in crypto and opens up entirely different investor circles to onchain markets. Right now, you can pair any meme with any stock, including PIPO stocks or even with another meme. Onchain traders have felt exhausted and bored for a very long time. But through Robin Hood chain launch and now launch on SF which is like copying the same concept from Robin Hood into Slana.

12:09 We finally have reason for renewed optimism. Okay. The pairing feature allows for endless permutations and the door has been unlocked to a world of new possibilities. So, oh yeah, by the way, here he describes the situation with uh increasing the odds of winning. Consider every trade we make as a roll of the dice. The higher the number, the higher number you roll, the greater your potential profit catalysts and events are factors that influence the number you roll.

12:34 With single uh pairing place, for example, when you have your shitcoin and it's paired to USDT or USDC, you have a set number of catalyst that can increase your odds of rolling a higher number with a double pairing. However, that number of catalyst increases. So you you may have one liquidity pool of your shitcoin with USDC and then another liquidity pool with your shitcoin in let's say memecoin and if that memecoin memecoin move moon moon moons then the dollar value of your shitcoin will also moon because it's

13:04 connected it's connected liquidity pool basically connects the value of asset A to value of asset B in most cases asset B is just stable coin so it's just to the to the dollar but if you have asset B being a digent thing that moons itself then your asset A will also moon if you don't understand this you don't understand liquidity pools go and on YouTube search how liquidity pool work but so you now have two different assets each with their own catalyst meaning you potentially have better odds of rolling high higher

13:31 number exactly when any of them moon in liquidity pool the dollar amount of both will moon so yeah you can read here more but uh the conclusion here is it time to ape it's time to go nuts is it time to participate in all of this definitely dip your toe a bit in what's happening because it's quite a lot I mean just recent weeks it's quite a lot of stuff that has been happening all the time in onchain.

13:52 But for us on a big macro picture in crypto, the biggest signal here is the fact that you now have onchain onchain onchain and it's one of the early signals for the bull market. So guys, welcome everyone who is watching live. Smash the like as soon as possible. Big big shout out to Guzman as always. Guzman is timestamping us today. As you know, all of what you just saw with us checking all of this news and um and doing the research is all based on Bulmania AI.

14:22 Bulmania AI is so nice. As you can see, it gives you everything. All of the tweets are integrated. Imagine doing this kind of research otherwise. I mean, to get all of this, just doing your own research, clicking around Twitter like a monkey, it's impossible. I mean, Twitter is really made to activate your monkey brain, to give you dopamine, to give you all of the attentiongrabbing things.

14:42 here instead you have everything perfectly perfectly integrated. You ask a question, you get specific answer. It is great. It's great. So to get Bulmania AI for free included in your Bullmania membership, sign up for the weight list right here. Bullmania.com. We have until the end of the week, if you book a call with our team until the end of the week, you are going to get it for free included.

15:05 How to get on a call with our team? You write your email here on bullmia.com. Join weight list. You come here, you scroll down. join weight list. As soon as you see an email from us to book a call, do it quickly because they run out and after this week it's not it's not going to be included anymore. And uh also we're working on some new update guys because some people in Bulmania asked for a voice feature that you know you can get the answer and then you can get a voice uh yeah voice reading it.

15:32 I tried making like AI with my voice but see my voice is impossible to copy. I haven't seen a single AI copy it. Let me know what you think about this attempt. Cryptos that flip in the week last week 14 cryptocurrencies flipped bullish on the weekly time frame in the last two weeks. Here is the accurate. It's it's not it's not like we've been trying different AIs.

15:57 Who can make my voice? No one can make my voice. No one can make my voice. This is a challenge to Bill Gates. This is a challenge to Mark Zuckerberg. This is a challenge to Nvidia, Jensen Huang. This is a challenge to everyone. Who can make a nice uh voice thing that we can put here? Challenge to everyone. Challenge to everyone. No, I mean, this is like the frontier version.

16:24 What is this? 8% $126 $269 million. Five Pearl PL 2026-08-03 plus 16.32% 0.3103 >> makes me like too German. It makes me too German and then some words they come out too American. It's it's not correct. This is this is not correct. >> $66 million. Six UNF AI network UAI >> network like some German you know pretzel. What? What is this? >> 26-08-03 minus 52.79% 0.254.

17:07 >> No, no, it's I hear this German like uh DNA here. It's not correct. It's not correct. And then we have the American. So, for now, guys, in the voice mode, we're just going to add the American one because uh this one is fantastic, you know. >> Plus 5.95% 0.2836. >> I mean, American, we're just going to put the American voice. But we're experimenting.

17:25 We're experiment we're experimenting a bit here how to make it if it can make the voice or not but for now it doesn't work. So guys, yeah, S&P 500 you we saw the clip here up and up and up and up. Very nice. Gemini increased Bitcoin Treasure holdings to 5.5K Bitcoin. Okay, good. Gemini is uh increasing. Okay, look here. Joe Rogan Joe Rogan, he's a bit shocked.

17:47 He's shocked that Trump has made so much money from crypto. Listen to this. This government has done some that no government has ever done before. And one of them is the crypto stuff. The crypto stuff's nuts. Like >> Trump has made billions in crypto. Like look, >> government's so crooked. >> And then you got his sons and his sons are involved in all these weird business deals >> where the business deals have to do with some things that Trump put and then the sons are involved in these businesses and like there's a lot

18:15 of money flowing around that you could dig in and and start arresting people. this government has done some >> Yeah. Yeah. So, uh he is sensing correctly that the winds have changed a bit. I mean, with his podcast, he can no longer be Trump only. But also, you know, when someone gets in the government, it's different. It's different when someone is running for for president, it's one thing.

18:36 Once they are there, they're like the establishment and it's it's different. So, obviously for a podcaster like Joe Rogan to be a government shill is not good. It's not good. So it's also natural that you have someone they're up and coming once they're in government. Okay, what you going you going to be government shill or what? So anyway, but it's also very true that as soon as if you have a new administration, holy crap, guys.

18:59 Holy crap, guys. There's going to be a lot of problems for crypto. I think there's going to be a lot many investigations. What did everyone know? Who did the Trump coin? Which exchanges, the collaborations, the money flows? Yeah, it's it's going to be crazy. It's going to be crazy. And also something else you have to look at what's happening now with uh SpaceX and Tesla.

19:18 For all of you guys who are very much into this discussions I just watched James yesterday they discuss some interesting thing things there with uh SpaceX and Tesla. So number one SpaceX as you know we're bullish since a few days ago because on the hourly it's a nice beautiful bullish trend. Nice beautiful fantastic bullish crispy trend right here since August 7th.

19:41 So, as a reminder to everyone, maybe you're new, maybe you missed it. Our our call here was bear, bear, bear. Don't touch, don't touch, don't touch, don't touch, don't touch, don't touch, don't touch, don't touch, don't touch. It fell more than 50%. And here from August 7th, we said bullish, bull, bull, bull, bull, bull, bull, bullish, bullish, bullish, bullish, bullish, bullish, bullish.

20:00 Now speaking about the government, there is there is potentially interesting trade with Tesla where if SpaceX acquires Tesla that they merge it in some fashion that there is some free premium to be harvested here and this is a big question now within the Tesla community. Will Tesla be merged into SpaceX? And the reason why it's interesting is because it's the same argument as with crypt when it comes to the admin.

20:28 the administration now would probably have no problem with Tesla merging with SpaceX. If you have Bernie Sanders, you know, everyone else who doesn't like billionaires and trillionaires, this merger is going to be very problematic. Very problematic. So the the uh practical thing here guys, I would look at Tesla and I would look at Tesla on let's see where the weekly trend is.

20:52 Oh, weekly trend is very high. If you're interested in this trade, I mean look at daily. daily is probably a good good thing to look at. If Tesla goes bull on the daily on the daily potentially there's a bit of pricing in of this merger because thinking about Elon I mean for him to have the best opportunity to make the biggest impact if you just have one thing I mean if you have many things it's split focus you know split shareholder split interest or now I see that many people in Tesla community they don't like SpaceX

21:20 they don't it's like you know when the founder has two tokens when your founder does has one coin everyone is aligned everyone loves now when you have two coins coin. We have two coin. Uh now you know should I buy this or that? There's discussion which one is better. These guys try to fud the other coin because they don't have it. And it's just weird.

21:40 The community becomes a bit weird when you have two coins that are publicly listed in and I mean in crypto they're always publicly listed so to speak in the stock market. Now Elon has two things that is that is publicly listed and the community you know they start eating each other. Tesla guys they say we're scammed. They say X AI should have been in Tesla.

21:57 SpaceX guys, they enjoy the moon. Okay. But so I think there's quite a good chance. I mean just not knowing anything in terms of insider or not insider just looking at Elon and thinking how I would have done it. I would probably have rolled it all into one. So all of the bag holders who have just one company, one ticker, flow the liquidity into one single ticker.

22:19 If you have two tickers is bad. Pump is bad. And Elon, he's the best in the world at the pump. Okay. Yes, he's also best at uh many things, but when it comes to creating the pump, engineering the pump, Elon is the best in the world. So, just based on pumpamentals and having one single ticker and my belief that Elon is very good at pump and he is, he's proven that.

22:44 But, and you may be asking why is he so good at pumps about what he's doing. the pump opportunity when he says that there is Mars colony there is interplanetary data space data center in space obviously he probably wants that also but it's so nice for pump because how much is that worth you know everyone all other S&P 500 executives they speak about oh we're gonna grow ARR by onboarding more enterprise client no they they they play in the sandbox they play you know like you go to the zoo you see monkey like playing

23:22 with banana you're like man okay it's cute it's cute but uh maybe you're a software engineer you you you work with different on a whole different level so Elon versus other S&P 500 execs it's kind of the same okay yeah they're going to onboard more clients onboard more you know do this uh shuffling around of money okay yeah I have more clients okay congrat yeah you have a bit more cl okay okay good for what for your basic ass SAS I mean even Salesforce by the way sales Salesforce is now bullish on the on the weekly.

23:50 Keep an eye on but you understand like what what the hell does Salesforce do? They do a database for customers. It's very valuable. Like I'm not saying that but just in comparison to Elon's more stuff. This is this will not go to 10 trillion. Okay, this CRM will not go to 10 trillion. So this what I mean where by the way the chart on Salesforce is very good.

24:10 Let me go to weekly. Uh you see it's it's a new bull trend. So just throwing it out there. Salesforce it's a new bull trend. they can easily go to alltime high. So just keep in keep in mind but back to the discussion why Elon is the best at pump the way he speaks the way he draws the future it invites big fat valuation. So when you have two tickers, it kind of works against that.

24:31 And for him to have the most money to and again not I truly believe that I mean for him is the mission. So but he needs money for mission. Money everyone needs money. Whatever you are whatever whoever you do you need money. I I don't think that he you know the organiz 100%. He needs the money. Uh, and having two ticker is bad for money. I think you need one ticker.

25:04 That would be my guess at least. So anyway, that throw just throwing it out there. I think the merger likely is going to happen and likely it's going to happen before the end of Trump's term. So it's one ticker, one pump and one moon and we go to the moon in a rocket. Fantastic. So uh if the merger happens, uh we mentioned the premium. So when the merger happens normally if you want to buy the whole company and take it out from the stock market you have to offer more than the this the price.

25:33 So now the price is 341 today. If they are to take it from the stock market fully they need full agreement of all whoever however the corporate governance is structured. Maybe it's the full board. Maybe it depends how the government is structured. But basically, they need a bunch of people to agree to this. And the way to do it is to say, listen, the price now is 340.

25:54 I I give you 400 for a shares. So yeah, let's just roll it in SpaceX. That's it. That's it. So that's where this discussion about a premium is coming into into yeah into discussion. So guys, that's that. Um, we have so much. How much time? Oh guys, we have so much. Let me go a bit turbo mode. Let me go a bit turbo mode. Let me take some coffee. We have turbo mode.

26:18 Okay. So, Metaplanet moved almost 4K Bitcoin, but they said they are not selling. There you go. Next. Uh oh, see Open AI. Uh they are a bit of a trouble in paradise. Many people leaving Open AI. Many people leaving OpenAI. Executives leaving OpenAI. Sam Oldman maybe is now going to be a lone executive. Let's see what's going to happen. which is interesting because my impression is that open AI is having a bit of a comeback.

26:45 uh when I just see what people are discussing and you know me myself I'm mainly into cloud now you know for me to switch back and forth to I I mean I have uh things currently mainly in um in uh cloud but I I could of course switch but on just online I chatted with Bulmania AI about it yesterday that GPT they have a bit of a revival on X on in the discussion uh because uh Claude there Claude is too vogue like it's too it's trying to be your teacher.

27:19 It it's a smug librarian. Okay, smug ass librarian. And so JPT now is getting a lot of um positive coverage. And this wasn't at all like that just you know a year ago. A year ago everyone was moving from chat GPT to cloud. So that's also when I moved. Now it's kind of you know reverse. I've been using cloud to chat discuss and GPT for coding tasks. The last versions are borderline insufferable.

27:43 Switching back to GPT soul. The fact that CH GPT has been better than Claude, yada yada, you can read more. Antropic used to be unstoppable. Claude was the model. Now I can't use it more than 20 minutes without getting frustrated. GPT 5.6 soul is still Let me know guys if you if you've used uh GPT, you know this soul. I I I need to get back to Chip and test it again.

28:08 Maybe it's good now. Uh Chip is better for people who want one tool for everything. Cloud is better. Yeah, maybe clothed safe AI approach feels paternalistic. Exactly. You have a smug librarian who thinks she's your your mother who tells you what to think, what not to think. Oh, it was a bit spicy thought there, you know, tightly managed session, weekly limit, strategy gives you big allowance and leaves you in control.

28:31 Yeah, may maybe they they spend so much now that all of everyone is leaving. They're like, "Holy crap, we have no money. We have no money, Sam. What's happening?" Uh, something to keep an eye on. Uh if this goes goes belly up open the eye, we're going to notice it in the stock trends. We need to be careful. Could be the collapse of a bubble. But again, who the knows when it's going to happen.

28:49 Maybe they survive three more years. S&P doubles in three. I mean, you understand. But something to keep an eye on. Oh, guys, guys, guys, big news, big news, big news. Treasure hacked. So if you are in the US, UK, Sweden, Colombia, Brazil, Italy, Portugal, and you bought a treasure, your address is now publicly available somewhere, probably in the darknet somewhere somewhere somewhere.

29:14 And yeah, this is the problem with horror wallets. Let me see if I can how do I say view hidden reply? How is it on desktop? How how I see all of the like uh no how you see on see interaction view post activity maybe this one. Oh yeah yeah yeah here here. So what are people call card users got ragged and decided to research multisig wallets bought a treasure only to have their data leaked.

29:41 Exactly. Exactly. Your home address got leaked after buying treasure wallet point of view. Your home address got leaked after Exactly. Guys be ready. Be ready. Be ready for fishing. Be ready for everything. Be ready for any kind be ready for any kind of development of events. Okay. As a treasury user with all my major cryptoing holdings on it, I almost had a heart attack.

30:08 Whoever was responsible for designing the tweet this way should be fired immediately. Okay. Why? I mean it's correct. Uh this will continue to happen across all software. Some basic tips. Always use email alias via proton mail. That's good. You almost never need to give your full name on anything. That's true. That's true. Never use single signer setup.

30:33 Yeah. Oh yeah. This one is also interesting that you know lately with all of these different hacks just better to have like a good old days. You remember wallet dod? Do you guys remember wallet dodat from like 2015 times when your Bitcoin wasn't wallet dod? Now many people got wrecked losing their money getting hacked but it's a problem guys it's the problem there's no like perfect solution uh there's no perfect solution ledger users first time exactly after five home invasions first time exactly so guys you know we're

31:08 laughing but it's serious it's very serious it's super serious it's super serious so if you are in those countries uh be prepared for any kind of development. Also, let's see if treasure wallet start you. Yeah, you need it. You need it, guys. But it's serious. It's serious. But I don't know. I have trouble like reading it without uh throwing it throwing in a few jokes.

31:33 Sometimes people are saying, "Ivan, when you speak about serious things, you need to be serious." I mean, it is serious. I told you it's serious. What do you want from it? But you need to be prepared for any kind of development. Any kind of development. Yeah. Anyway guys, so that's that. Uh hopefully you guys are okay. Let me tell the countries yet again that have been disclosed.

31:56 If you are in the US, oh man, it's many people. So what can happen? Let's seriously speak about what can happen. You may get letters home that look like legit treasure letters. Super nice quality, nice paper, nice packaging, really looks like it's official, but they ask you for uh your private key. You fill in your private key, you return it back to the mailman.

32:21 Don't do that. Don't give your private key to the mailman. Uh you may Yeah, I mean again your your full um name and address and phone number and email is leaked. Okay. So yeah, big problem. Big problem. Uh and the uh yeah, use your brain a bit here. maybe consult some security company what what what to do. Uh now it's 11 the instant face 11.7K customers.

32:54 Let's see if there are more updates here. I mean at the end of the day it's kind of this this is serious not kind of serious. It's very serious. So you should probably talk to someone security company. You should probably talk to someone. Okay. Maybe install camera. Maybe two camera. Maybe install bulletproof door. Maybe a panic button. Maybe a basement.

33:18 Nuclear proof basement. I mean go you need to go here paranoid paran or or just move somewhere or just move somewhere. I know it's not easy but it's a problem. It's a problem we're dealing with is the state of the affairs. No one said that crypto would be easy. Okay. All started with hey let me buy some shitcoins. Now man, bulletproof door. Yeah, it it takes you to another level for sure.

33:43 For sure. So, let's see what happened here because I also read that e even more more addresses got leaked. Like it it was worse than they said. Oh, yeah. Here here's by the way some tips. Pro tips. If you receive a letter by post claiming to be from a Bitcoin wallet supplier, put in the bin. If you receive an email from a Bitcoin world supplier, don't click on anything.

34:03 Delete it. Yeah, exactly. So, that's that. But also I saw somewhere that there were more. Oh, by the way guys, this is big news. Massive news from treasure. Sorry, from Tether. Tether has po passed an audit. So Tether now is fully audited. That's a big thing. Now some people say it's just one of the companies, not the main company. Yada yada. You can research more more or less they're fully audited.

34:27 More or less, which means for bull market, Valhalla up only. Up only. So S&P 500 new highs, we knew that. Let's continue with our blast. New highs, we knew that Reddit shares jump 11% after uh they are going to be included in S&P 500. So now we can track Reddit featurings has affirmed US rating at a plus. This is important when it comes to bonds. If this is a high rating, it means that the bond yields are going to be staying low or not not pumping at least.

34:57 If you if a downgrade happens, the yields are going to go up a lot. S&P is following this plan perfectly. Uh yeah, let's see if this is going to be some kind of blowoff up here. Uh normally we don't look at this. This is not the let's see how many people liked it. 151 plebs like this is bad guys. Don't don't try to predict this kind of you know top you draw some pattern which is which doesn't even exist.

35:22 I mean to fill out pattern like this is also very bad practice. I mean in trading to fill out a pattern which which is not there and you think it's going to happen is one of the pleba noob mistakes because a pattern doesn't exist until it exists. You understand? You cannot predict that it's going to be drawn. Instead it's more of a thing you can use while you let's say you're here you can you can you need the pattern to be drawn for it to to be valid.

35:45 I mean otherwise to start you know selling here and maybe it's correct. Who the hell knows just in most cases it's not correct. In most cases bull trend is bull trend and then bare trend. Okay, then we then we know. So don't don't follow this, you know, predictors in crypto because most people don't have any trading experience really, especially in crypto.

36:04 They misunderstand concepts. For example, sometimes people say, "Hey, Ivan, this looks like an inverse head and shoulders, but you know, it's just like two out of a 100 candles that have that have been drawn." And then he draws like he draws 90% of the of the pattern and says, "Hey, what do you think about this?" I'm like, "Bro, the chart says none of this.

36:23 You I mean, you drew 90% of the picture here. The chart gave you two candles. You drew the next 100 years." Okay, it doesn't work like that. Follow the damn trend. Follow the damn trend. Look here. U 75% of S&P tech stocks are above their 200 week moving average. That's why when things are at 200 week moving average, it's a nice nice discount signaling the tech rally is gaining momentum.

36:48 There you go. Uh what's causing the memory rally? Fundamentals and pumpamentals but fundamentals as well. Look here SanDisk which has been mooning like hell in a bull trend like hell like 30x in the last uh year or so. Sanis has 372% revenue growth with only a P ratio of nine. Micron has 300 for six. So why why are we reading this? Because if you read this this text you see that it means that the rally can continue that there is no AI bubble.

37:18 You read other texts like for example everyone is leaving CH GPC open AI it's not sustainable you may think that there is a bubble yet again we follow the trend S&P bullish NASDAQ bullish everything bullish in stock market so and this guy says fundamentals are good okay yeah they're good they're good everything is pumping according to plan and still it's kind of cheap even with all of the pumps there are ways to look at the stock market and still say that SanDisk and Micron they're still cheap based on the PE and so on

37:47 so forth. Listen to this. >> Memory is the talk of the market today and I'm going to be breaking down why we're seeing these explosive moves in SanDisk and Micron. So they're both very similar um valuation metrics and I believe these moves come back to fundamentals. The stocks are too cheap, the growth is too high. Um so what does that mean? uh Micron has a PE ratio of around nine and a half and SanDisk has a PE ratio of nine right so these companies uh you know Micron for instance earn 25 their GAP EPS was 25 bucks a

38:25 share you know you multiply by that by four um because it's by quarter and you're getting an annualized rate of $100 a share it the price is uh you know 950 today so uh it's just too cheap the the earn earnings are growing at, you know, 2,000% or something and the revenue growth is 342%. Um, SanDisk likewise, um, earning around 44 bucks a share, um, or $176 a year a year annualized.

38:56 Um, you know, has a P ratio. >> You get the point. You get the point. Now the counterargument to this is that all of this revenue is coming from all of these hyperscalers and they may stop investing if AI bet doesn't pay off and then everything is boop gone. Let's see because open AI is doing all of these contracts. 70% of Microsoft's uh AI Azure contracts is with OpenAI.

39:19 So obviously Microsoft is investing a lot everyone is investing a lot paying SanDisk paying Micron. So for Micron and SanDisk is fantastic. If OpenAI goes belly up, boop, suddenly no more no more revenue. So that's the counter argument. But again, we we we are very humble and we say, "Let the stock market trend tell us." And now it's bullish. So we don't worry too much.

39:42 We're just bullish. We're bullish. Very very high. We go very very high. Larry, what's Larry saying? The inflationistas who are rooing against the Fed. Anyway, I don't know. Let's close it. Oh, Tom Lee, Tom Lee, Tom Lee, we're best friends now. Tom Lee and I, we are fully in agreement. Before we were very critical because it was beginning of the bear.

40:06 He said that ETH is going to go to like 60k. Last December, we said it's full Fugazi. It's never going to happen. We were correct. But now that we are starting to be more bullish, Tom Lee and I, we're, you know, we're this close. We're this close. We are the brother in arms. The bulls. The bulls. The bulls. The bulls. Let's listen. >> It It is. is we got a a nice CPI report and in the backdrop of good earnings stocks going up on good news I think the rally is quite healthy and it's tracking to our view that we could

40:35 get to 7900 8,000 by the end of the month >> well that's that's what your call was you know the other day Edard Denny says >> by late Tom your call was 60k ETH by December what happened to that >> that's what your call was you know the other day Edardenni says we're now tracking so well that we can to 8,400 by the end of the year because of the earnings story that we keep talking about.

41:00 Does that make you know sense to you? >> Yeah, I I think that is sort of the underpinning of this cuz 2027 earnings probably 410 right now. It was around 395 at the start of earning season and it's probably going to be >> and by the way guys listen is it overheated? I mean obviously the stock market rally is crazy. It's crazy. Maybe like again just follow the trend.

41:19 The reason I keep repeating it is because every day someone asks, "But Ivan, what about the Ivan? It's overheated. Oh, everyone's going to learn how it's going to burst. Everything is going to burst. Everyone who is greedy now is going to learn." But guys, you know, with Bulmania approach, everything is taken care of because Brendan happens, we're out.

41:38 The full approach with all my trading secrets are inside Bulmania. All of you who are in Bulmania, you know. If you know, you know. But even if something happens, you you don't worry. You don't worry. like it's part of the plan. We we're not going to be here shocked that something bad happened. We know everything. Bam. We know everything. And also look here, a crash may mean that S&P goes to 6,000 which I mean from here uh if you look at uh S&P can it go to 6,000?

42:04 Uh I mean potentially it could potentially it could. Where is 6,000? Like you know 20% drop from here it can. I mean in S&P these things happen but but but you see we get weekly bare signal already here you understand so it's not a problem for us not a problem here you know from here to the bare signal it's just 7%. So, oh yeah, I keep telling you guys before the bull market, you really need the bullmania.

42:33 Bullmania.com. Watch the free video. Sign up for the weight list. You get BMA AI included in your subscription for free. If you book a call with us this week, how to book a call? Enter your email after the show. We're going to be sending out the spots. As soon as you see an email from us, you book. You don't overthink. If this is another important thing, guys, I mean, I'm really serious because some people like, "Oh, no.

42:53 I I cannot make it." You know, we have a few slots. We have a few slots for to speak with our team. Remove all the other stuff like the other stuff will not help you improve in your life to take the next step financially. Remove remove you have some you know some uh relative remove for you can go with relative Thanksgiving is soon. Go meet Thanksgiving.

43:13 Thanksgiving you go meet now focus on the next bull. Some your boss says something remove your boss. You have some work remove it. Remove it. You're in rat race anyway. get into bull mania call, you get email, you book, you you don't mess around with this important. You have some kind of work event. You you work remotely. You have a work meeting, just fake it.

43:38 You know, you join work meeting, have like a recording of yourself looking serious. There is a whole there's a whole Reddit on it. How to like scam being a remote worker. Figure out a way. get on the call as soon as possible because at if you book the call before the end of the week you get booming AI for free. Fantastic. Fantastic. Fantastic guys. So, uh that's that.

44:01 Oh guys, we have so many news. How how we going to get through it? We are at 44 minutes. Okay, let's go. Let's go next. Oh guys, I have like I have so many news. It's insane. Is it like you see this industry is coming back is coming back bigly in a big fat beautiful manner. So, next thing is with the new cycle. Listen to this. It's >> like I I don't agree with it.

44:26 I don't agree with it, by the way. But I think the reason that this sentiment exists is because a lot of the old heads have been talking so much about onchain traders like non-stop. Like, bro, these kids are just bundling. They're just devs traders. They're scammers. They're farming their followers. And it's not true. Like, there are people on chain that are farming users for sure.

44:47 the devs and bundlers that are doing a lot of But there are also really good onchain traders who have been printing over the past year. Like if you are not onchain trading, you missed a lot of the alpha and upside in crypto the past few years. >> True. True. Get on chain, guys. I mean, and this is the real call to action to get on chain. Not like Jesse said, can you will you get this is the real get on chain, >> especially the past cycle.

45:07 And what Frank has been, I think, so like pushing back hard against these people is because he's the one who got a lot of the flack for uh >> anyway. So guys on chain does that. Next cash cat is holding nicely. This is speaking about Robin Hood. Fantastic. The number one meme on Robin Hood. Uh there we go. Next. I think this frog emoji is going to go pretty viral alongside toad.

45:29 Oh yeah. Yeah. This is you know on pump fun people try to pump this um emoji emoji coins. I don't think it's new. I think we had already this emoji coin kind of pump last cycle. But yeah that's that. Web3 gaming. What's happening? Yakamon. No idea what the hell it is. Let me know if you know Yakamon Gigavverse. No idea what else AXI obviously we know sandbox guys I mean I almost want to cry when I think about or okay I want to laughing lol laughing out loud El Mau laughing my ass off.

46:03 So oh my god guys the centraland and Sandbox you know how many billions they raised? You know how much they were worth? Oh my god. And what did they do? What did they do, guys? Like a 3D world. No one cares. There's no one there. There's no one there. You know, it just tells you during the metaverse hype. Oh my god. Oh my god. Oh my god. Oh my god. I mean, I'm also amazed and I'm impressed.

46:43 by the by the business moves so to speak. Oh my you you're now going to the central land or oh my god you understand this is I can make it in cloud code in like one minute. Okay. Oh my god. So yeah what the hell they do game jam? No no one cares. No one cares. No one cares. Fabbor delayed season five. Okay. Onchain heroes Cambria. Yeah we need Kagi here.

47:10 We need Kagi. Maybe Kagi is watching this in the comment section. Tell us about Tonin Gaming. Is anyone alive there or what's happening? What's happening? But big shout out to Sandbox. Big shout to Centraland. Yeah, they saw Metaverse. They said max. Let's max extract on this one. Fantastic. Fantastic. Fantastic. But you know, even Mark Zuckerberg fell into the metaverse fugazi.

47:38 He spent like 100 billion on the metaverse. No one is there. So yeah, I don't blame the capital allocators because for a moment everyone said that we're going to be in metaverse. JP Morgan JP Morgan said there's going to be three trillion metaverse like three trillion like GDP in the metaverse. Oh my god. Oh my god. Yeah. Yeah. JP Morgan bets metaverse is a one trillion yearly opportunity and this is from 2022 first bank to oh my god yeah you see it's crazy you just ride the trend you but you see how much money was

48:19 made there this is another thing ride the trend max max extract from the trend is it bubble who knows bubble metaverse bubble max max max extract then bren boop you're out bullmania Bulmania trading secrets. That's it. That's it. That's how we're all we don't we we're not too smart. If you're too smart, you miss everything. It's like this professor we listen to.

48:43 You remember last week there was a British professor who said that he did not buy Bitcoin at $1 because he was concerned with like the energy use or something else dumb like it's dumb. He he listened too much to mainstream media that told him climate is changing or something. And then he said yeah at $1 he could have bought Bitcoin. He did not. He was concerned about the energy.

49:04 What? What? What? What? How? How? Like it's crazy, man. It's crazy. So anyway, that's that Robin Hood chain is nearing 1 million in TVL with units of liquidity. So yeah, Robin Hood fantastic. Fantastic. Uh a lot of TVL a lot. I mean for trading very very nice. Uh orbitum some stuff there you can pause. Uh let's move on. If you look, see, here's another plebe thing that many people are going to lose money here because they compare.com and they say now stock market is similar and again it could be but why do you act on

49:37 it? Why do you act on it? Okay, act on it when there is a bare trend. I mean yes if you look at the dot bubble and they look what is it IC? Let me check. I don't use that secret myself. I which one is this? Ah it's NASDAQ. I use QQQ, but QQQ is like a spec. Yeah, it's invest anyway. It's it's NASDAQ. It's NASDAQ. So, uh NASDAQ versus uh M2 now is uh higher than in.com bubble.

50:06 And listen, maybe it's going to burst. Who don't knows? Who don't knows? We're going to know when is Ban. Michael Bur is predicting 37 out of the last three crashes. And by the way, Michael Bur last, let me actually check with Bull Mani because during the last uh days and weeks, he's super bear. Like I've never seen Michael Bur this He's always bearish.

50:27 I I mean I' I've barely seen bullish since uh I mean, ever since the GFC, ever since 2008, he's bearish. Uh he Yeah. Okay. Michael Bur uh tell me about his latest uh tweets and prediction. Let's see what what bulman AI says. While it's thinking, let's let's proceed. Uh yeah, I'm just closing down a bunch of tweets because it's kind of things we already spoke about.

51:03 This we spoke about. This was spoke about. I think we can go to Q&A, guys. I just have I I just have more tweets about the same things we already spoke about. And in the interest of time, we're already at 51 minutes. There's no there's no new thing that uh Yeah. Yeah. Let's go to Q&A, guys. Let's go to Q&A. Let's check this. Michael Bur and then we'll go to Q&A.

51:21 So, guys, smash up the like, subscribe. Big shout out to Guzman for time. Yes. Number one. Number two, bullier.com to go to uh uh to join us to get booming to get all of the trading secrets to understand everything trends. You get all the tools, you get everything, everything. You're set for the bull market. Cancel your plan. You have some plan. Don't do the plan.

51:41 Do call with Bulmania team so you get into Bulmania. Very important. I mean that's my that's the only thing I can tell you. Don't be lagger. Don't be laggered because we are now finalizing the AI launch. Boom AI launch. Everyone who joins who books a call this week gets it for free. Uh uh in the future we will not be able to offer it for free. Why? Because it's cost.

52:06 Have you seen the memory prices? Have you seen the AI prices? We cannot offer it as a a free thing in Bulmania in the future for future members. Still, it will still be possible to get it, but not in the same insane deal as now. So, look here. Michael Bur latest tweets and a bubble call. Michael Bur is back in full. By the way, was why is he Cassandra?

52:28 I never understood that. Why? Why is he Cassandra? Someone knows. Why is he Cassandra? in the last 48 hours he has been hammering the infrastructure boom as a circular that's true guys it's true it is a bit circular Microsoft invents in invests in open AI open AI buys from Microsoft but then is this is the simple version in the mo in the more complex version like it's everyone is like investing in everyone and then buying from themselves back from from your investor let's see AI uh circular let me see if I can find

53:04 circular find let me see if I find the picture here. Oh yeah, yeah, yeah. You see here ju just if you want to do this research you can do here you know Microsoft invest in open AAI and they buy back from Microsoft and then they invest in Nibbus and these guys they they are also Nvidia also invests and then open a also buys from Nvidia but Nvidia invests back in OpenAI to understand all of this it's too much it's too much so we don't even try we just follow the downtrend cheap purchases so yeah you see here

53:37 infrastructure purchases and rentals you A lot of back and forth here. Morgan Stanley analyst track the billions going around the is. Yeah, you see it. It could be. It could. So I'm not saying that Michael Bur is wrong. It's just that you you miss uh the the pump if you are too worried too early because Michael Bur I mean he's been posting so much about bearishness for 10 plus years.

53:59 I mean at some point he's going to be right again. His highest reach post this week are all on the same theme. Let's actually check it. This one is interesting. This is the latest circle of financing map from today's Bloomberg article. There is no mystery why the revenue numbers are so good even as losses expand. So basically saying that everything that has happened here with the earnings, the reason why stock market pumps is because of earnings.

54:24 Okay. And uh because the curse of Cassandra but he's saying that the earnings are for guys. Wait wait wait let me see. Curse of Cassandra guys. I'm a bit uneducated when it comes to this literature. Let me see. Ah, wow. I'm imp. I'm impressed. See, guys, in this case, you're more educated than I am. I'm the uneducated pleb here. Okay. Okay. Okay. Okay.

54:53 Got it. Got it. So, guys, okay. Okay. Wow. Wow. Wow. Wow. It makes sense. Now it makes sense. Holy crap. Michael B. I see. I love Greek mythology, but I don't believe in Odysius. I think he invented the whole story to tell his wife why he spent like seven years with his side chick on an island. If you look through the the Odysius movie, you understand that things don't really add up there.

55:15 You okay, you go from Troy modern day in Turkey, you go to Greece, but then you end up like in Italy, you go, it's not even along the path. So if I would be that queen, what's her name? I don't remember. I I was like, listen, where were you last night? Because your your path you say what where you you met you met Cyclops where in freaking Italy why why why the path is does not go there and okay you spent eight years with your side chick what is this what is this I I think there's a deeper deeper meaning there but

55:48 anyway so uh but back to Cassandra the curse of Cassandra means means having the ability to see future disaster clearly while being entirely unable to convince Oh, guys, guys. I had the same curse back in October when we said on October 8th, time to be careful, time to be risk off, time to We were sounding the alarm. I also had this Cassandra. I had the exact one.

56:20 Wow. Okay. The Troy and Princess Cassandra was a prince of Troy and the Ah, okay. Wait, wait. So, it's the same story line as the auditions even. Okay. So Cassandra was a prince of Troy and the daughter of King Priam, the gift from Apollo. The god Apollo loved her and gave her the gift of prophecy. When Cassandra rejected him, Apollo could not take back a divine gift.

56:43 So he added a condition. No one would ever believe. Oh, holy crap. She foraw the Trojan war and warned her people about the Trojan horse, but they dismissed her as mad. Okay, M. Okay, listen. M Michael Michael Bur Michael Bur, you need to have some humility. Okay, I understand you have a Hollywood movie. You had a success there. But okay, man. Like to to insert yourself into the Greek methodology in this fashion.

57:12 That that that's I mean I I I like that self-confidence. I like the self-confidence. I like that. But we're we're too humble for that. We're too humble. Although we also had a similar Cassandra back in October. Anyway, so uh now that we understand Cassandra, thanks guys. Uh no, no, you know, no wonder time flies. We go on such a big tangent, but anyway, Cassandra fully figured out that was good uh good insight from you guys.

57:44 We're all more educated. So he's saying coming back to the stock market, why is stock market pumping now? Because uh earnings were good. Earnings were good. But why were earnings good? Because they shuffle the money around. He says they just shuffle the money, you get earning, you give me the same, you know, you have earning from me, I pay you or I agree to pay in the future, but you book it as earning already.

58:05 Good. But you pay me back the same money. So I have earning, you have earning. And this guy also has earning because we we also we we do the same with him. And we all do the same thing. We just slash it around. We slash around. So everyone has earning and everyone has good P ratio very low. we can pump more. So that's what he's saying. Basically, even as losses expand, free cash flow turns negative and offbalance sheet leverage explodes.

58:29 Also, Bank of International Settlements, who is the head of BIS? Is it still that massive guy or they replace him? Agustous, you guys remember? For how long can you be in charge of BIS? Because you remember Agustous, he was like the final boss of crypto. Maybe he replaced he got replaced. He was replaced. Okay. Okay. Guzman says he was replaced. The BIS report released in late July is a sober.

58:53 Look at this. I've spent the last week and a half going through all of these filings post earnings and I'm looking forward to earnings forward to tearing apart more 10 cues from core wave. Okay. Okay. From what I've seen for them. Yeah. So guys, as soon as there is bare trend AI bubble may be upon us. Until then we are bullish. We don't think too much.

59:20 We're just following the trend. As a humble, humble pleber, humble, humble, honest player. We just follow the damn trend. That's how you make money in the market. Not by being too smart. Not by predicting a million crashes out of the last two crashes. Crashes will always happen at some point. The point is not to predict them in, you know, in overly predict them.

59:45 The point is to act when they happen. Finally guys, time to end the stream here. We are soon at one hour. Big shout out number one to Guzman. To everyone who's been watching, everyone who's been watching and see you all when? See you all Monday. See you all Monday. If you are in Bulmania, we have a private stream in a few hours. And also we're ending the stream with this beautiful, beautiful story from our Bulmania member Ivet.

01:00:09 So guys, enjoy. Goodbye and listen to this very, very beautiful story of Ivet. So, playing it. >> I was a hodler without a real strategy. Followed social media noise. I sold some of my previous holdings and used those funds to buy more Bitcoin. Since joining Bull Mania, I've also made some profitable trades, including 5 to 10,000 over the last few months.

01:00:35 The results have been very positive. Over the past 8 months has been a win-win. Some of those earlier coins that I had sold dropped another 50%. that helped me to think more strategically about my overall financial picture. Everything started making sense to me. Hello everyone, my name is Evette. I'm 60 years old and retired. I previously worked for the Esteee Lauder Corporation for about 25 years and afterwards I became a health coach and then since 2020 I became a health freedom activist bringing doctors from around

01:01:08 the country together to talk about what was going on in our country and in our world. I began accumulating uh Bitcoin and altcoins in 2017. And I will be the first one to admit I was a hodler without a real strategy. I followed social media noise. I listened to my son. My husband was in the background telling me to take my profits and I was thinking I was going to hold on to it and the coin was going to go up.

01:01:36 I really didn't do stocks. I really just did crypto. And last year um in 2025, I had asked a friend. And I said, you know, where are you getting your social your information on social media regarding crypto? And he mentioned Bulmania. So, I started watching Ivan's videos and then the proverbial light bulb went on. Um, and everything started making sense to me.

01:02:00 I decided to invest in in a learning system and getting properly educated on how to trade. It took me a few months, I I'm not going to lie, to retrain my brain um to have the approach and just basically to approach crypto differently. Um especially during a bare market, which we've been in since October. However, the results have been very positive.

01:02:23 Um I sold some of my previous holdings and used those funds to buy more Bitcoin at the 200E moving average. As you have heard Ivan talk about, this is we're in the buy zone. So, some of those earlier coins that I had sold dropped another 50%. So, I took those, some that I made profit, some I lost, but I reinvested them in um in Bitcoin. And then I have my dry powder that I'm going to deploy when we start going into the bull trend.

01:02:52 So, um I guess I would say since joining Bull Mania, I've also made some profitable trades um including I made 5 to 10,000 um I don't know the exact number with Hype and with Zcash over the last few months going in and out of some trades, putting in my stop-loss, following the mechanical rules. Um, and one of the biggest I would have to say one of the biggest surprises to me that Ivan teaches and that he started teaching was the 360, meaning that um, he's looking at ETFs and stocks.

01:03:22 He added that to the money line and the money scanner. Um, so that was a broader perspective that helped me um, to think more strategically about my overall financial picture as well. So over the past eight months has been a win-win. I've gained a structured system. I've learned how to navigate crypto, especially when it comes to altcoins. And if you're like I was without a system and lacking discipline, I would say I highly, highly recommend joining Bulmania. Have a great day.