BITCOIN: SELL OFF AGAIN!!! WTF IS GOING ON!! Transcript

00:04 Oh yes. Oh yes. Oh yes. Guys, welcome to another episode. And as you can see right now, Bitcoin is down and it is below 82K. We do have new way of FUD, new way of concerns. And of course today it's around the cyber security part of things. People are very worried for what happened now with Black October as they call it where just within 24 hours yesterday we did see PHP getting hacked and as you know most of the internet runs PHP still.

00:34 Uh next we have GitLab getting hacked. Railway which is a big platform for hosting servers got hacked. NodeJS got hacked. Light LLM got hacked. And this is of course having an impact on everything related to technology, Bitcoin including because as you see all of these different companies get hacked like literally 70% of internet websites got hacked and when you look at crypto exchanges when you look at everything related to crypto it's obviously a big exposure a big big exposure all the security systems in centralized

01:11 exchange all the security systems in uh self custody in um in how custody work, how stoians work, but also you know yourself custody with ledger and everything is also a big question mark because AI is used in order to crack that as well. Despite all of this, despite all of this, Bitcoin still holding on above 80K, still above 80K, but there is a big derisking happening where people just want to take a step back from tech, a a bit of a step back from tech because it's a lot of stuff going on here and it's happening

01:45 very fast. I mean just uh during the last 24 hours so many things happened it's very difficult to keep track of it. I mean this would be like you know 10 years worth of news normally before AI but now with AI everything just happening at the same time. Everything gets hacked at the same time. And it's interesting that even Japan's prime minister told everyone to update their PHP version that it wasn't in my bingo card that the prime minister of Japan said, "Hey guys, it's time to upgrade your PHP version."

02:22 I I I don't think I would ever predicted that a security announcement. You know, normally it's some kind of tech geek here and there here and there telling you to upgrade. But here, the prime minister of Japan, Takai Chi Sana, she came out and she said, "Regarding PHP, the PHP security team has issued a warning and two about two critical vulnerabilities.

02:43 Please check if your publicly available websites use PHP and prepare to apply the patch." Man, even Japan Prime Minister is your SIS admin. SIS admin patching PHP for you, telling you to patch your PHP. So very chaotic 24 hours. Extremely chaotic. Now the good news is that the AI industry seems to be okay because Meta did report earnings. I I think that's why overall we're kind of holding on here because the AI bubble bubble concerns have been calmed down by SpaceX, by MetaWell, by all kinds of other smaller AI

03:22 companies. The demand is big. The demand is still big. You have Mark Zuckerberg saying that the Muse AI, which is Facebook's number one project for AI now is is the most prioritized AI project. He's saying could generate high revenue per user than Meta's family of apps. And this is very positive. Meta is the signal for the whole AI industry because everyone else in AI, whether it is Nvidia, whether it is SpaceX, they don't actually have profitability.

03:52 um you have uh uh problems with open AI, you have problems with anthropics. So the big question is is AI profitable when you look at the end consumer not when you look at chip cell sales because chip sales they happen because people invest in future uh revenue and so the buildout is happening. Yes, we know that chip manufacturers make a lot of money.

04:13 They're very profitable right now. But the AI industry as a whole, there's a big question mark. Is it sustainable? all of this uh hundreds of billions invested in chips, will they get a nice return on all this investment? And with Facebook and their AI project, Muse AI, the AI industry is getting a bit of a confidence boost because they are monetizing the the end product of AI.

04:35 They're not only doing you know chip and infra anyone can do infra. I mean nowadays a monkey can do infra also. Everyone is some kind of AI data center nowadays. If you have any kind of data center, if you try to make it AI, it's it's like core core whip. They started as crypto miner then they transitioned into data center for AI. So that is a a clear business case which still does not answer whether AI as a whole is sustainable because it's just data center but with Facebook it is addressing whether AI as a whole is

05:05 sustainable. So that's number one. Number two guys, if you are in Bulmania, you know that we've been speaking a lot about cyber security during the last uh few months, maybe during the last four months or so. And cyber security right now very good. Oh yo yo yo, very good performance. Cyber security right now very good. You have crowd strike now. This thing has been in a bull trend for quite some time and got a very nice pump with all of the chaos and is in bull trend now since uh April since April fantastic bull trend

05:38 for crowd strike then you have let's see this one palo alto how it's looking it's looking loading enter bad trend u yeah so this one it better to be in crowd strike here if you have to choose better to be in crowd strike because we want to be in bullish assets something that's in bad trend want to avoid but still a bit pump on all of this. Let's see this one.

05:58 Zcaler Zcaler bull trend continuation to the upside. So avoid the bear trend one. Palo Ala avoid but um the Zcaler bullish cloudflare cloudflare what's happening very very good cloudflare nice nice continuation so as used to be in bull assets and there are many many cyber security tickers that are freaking bullish I mean you see fantastic if you are in bull mania you know it in Jason's market analysis we've been speaking about that and it's a very important industry as we do see this rise of AI is going to get crazy

06:34 with with all of this so guys welcome Welcome everyone who's watching live. Big disclaimer to all of you. Nothing is financial advice. Anything you hear here, if you act on anything we we say in this video, you may go to zero. Okay? You can lose everything. Everything you can go your portfolio can go to zero. Okay? Only proceed watching if you have big boy pants on.

06:53 You have paused and you read the disclaimer and you actually internalize the disclaimer. You need to become one with the disclaimer. Really read it word by word. Pause after each sentence. pause and think about what you just read. Maybe write a short essay to yourself so you understand that not financial advice. It's only entertainment and you may lose everything.

07:16 Exactly. That's exactly exactly how I want you to see it and how I want you to understand. That being said, welcome everyone. Big shout to Guzman for time stamping. Yes, number one. Guzman, you're here. Check, check, check. That's very important. Next, go to newsletter. This is important. Also, link description. Go to newsletter. When something important is happening in real time, I send you boop newsletter.

07:35 Real time boop newsletter. Real time boop newsletter. Okay, very important. Go below newsletter is the because we do stream once per day and we don't do weekends. Newsletter, man. Even if I'm I'm in bed, I'm sending you newsletter. Sending you a newsletter. And no, this is the best thing with the newsletter. I'm only sending it when big things are happening.

07:57 All of you guys who are here who have the newsletter, uh, confirm that there's no spam. I I never spam you. I mean, I I only send when something big has happened. And here's the important thing. No algorithm can f with us. Okay? There's always some kind of algorithm effing with our relationship. You know, when I go live, I have no clue will the algorithm give it to you or it's not going to give it to you.

08:22 Will there will there be any kind of interaction or not? But with newsletter with newsletter, man, I'm there. I'm inside. I'm on the inside. you know, you're going to get the newsletter and my responsibility and my promise to you each time you open newsletter is going to be wow thank you very much Ivan I can't believe it's free I mean for example when things were collapsing a few weeks ago I just short newsletter don't worry we were at like 74 I said don't worry be happy everyone's so worried everyone so worried

08:58 newsletter very important guys very important likeman is newsletter is like having Ivan in your pocket. Guzman, send me your game again. I I I miss your game, but Guzman Guzman did a game here with Ivan on Tech versus Peter Ship. It looked very good. I actually played it a bit yesterday. So, newsletter very important for all of you guys. And also if you're not in Bulmania and you have 100k or more of investable assets like overall not not only in but overall net worth 100k or more go to boom.com click apply here to

09:28 join bullmaz one of the most important things especially as we get into this crazy crazy AI uh market. Yeah, owning assets is key. Assets assets assets assets guys. Now, uh looking at what's happening currently with uh um with AI, we saw the uh the positive side uh in terms of the FUD. Do you have Matt Levine uh speaking about the FUD on Bloomberg? It's actually interesting um flip side where you do have more and more confirmations that the revenue in AI is real but market is still a bit concerned because you do have

10:05 credit default swaps. Basically insurance for all these companies not going bankrupt that insurance is getting more and more expensive because look companies are borrowing enormous sums to build AI data centers. Those loans get repaid only if a companies can generate massive sustained revenue from renting the chips and capacity. And that's the big question and that's why Metas confident report with Muse AI is a good sign because there is use case for AI that is uh that that can pay for all of this.

10:39 But still it's a risk obviously it's a risk we don't know will they be able to pay will there be what's going to happen. So the risk is systematic. If one tenant fails, the owner can re uh release the real data center someone else. If whole boom underdelivers, almost every data center loan is in trouble all at once. Everyone is already long this risk through stocks, private credit, bonds, insurance performance, pensions.

11:04 So when investors want insurance, crazy default swap, the natural sellers are also long the same risk. They charge a lot or they simply will not sell. Result: Crazy false swap volumes and spreads on AI link names have exploded. Weekly trading in crazy default swap on Oracle, SpaceX, Alphabet, Amazon, yada yada yada jumped from under two billion in July to more than 9 billion in September.

11:28 Okay. Uh so there is a concern there there is concerns that are that are rising. So it's going to be interesting to see how this will evolve as we get more data about actual monetization from consumer AI such as for example Muse because theoretically this should all these concerns and the the demand for insurance should go down once you have real monies coming in from people paying for AI and then there's also a question how good these data centers are.

12:04 I mean AI AI may have a lot of real demand uh but at the same time is it good data center is it good GPU like do they invest in a good way is is a separate question separate question uh there are many ways to invest in data center which GPU you put what's happening how is the power looking what's the price of uh electricity etc etc so uh that is the risk in the overall stock market of course also a risk for crypto because should stock market fall crypto is going to be taken with it all of this is theory all of this is

12:34 Infotainment. We look at the chart and the charts for S&P bullish. Uh looking at the futures, they are going to open up a bit lower uh than they closed yesterday. NASDAQ is looking to also be opening a bit lower here, $10 lower. And watch out for the bare flip. Should NASDAQ flip bearish or then for us guys for us air bubble you're going to hear about air bubble then we really need to be then we really need to be uh uh in terms uh of uh risk managing risk a lot in terms of the AI bubble.

13:12 Okay, we're in a bull trend we're bullish in the bare trend. In the bare trend we're we're risk off and we get an early signal here. Okay, we we're going to get a very early signal here, right here that it's time to be risk off. And how low can stock market go in case it goes bare? Uh basically 200 moving average. This is the long-term u long-term support.

13:35 You see, we we often come back and we touch it. That's the downside. Sometimes we don't go all the way here. For example, it went bare trend here. which is not go all the way down, but it's better to still be risk off when it's bare and then become risk on when it's bull instead of praying and begging that it's going to go up again. We're not we're not we're not going to pray and beg.

13:56 Should we go bare trend on NASDAQ? Uh for us, we need to be careful and then should it go bull again, we're going to be bullish again. This way, we have downside protected. For us, it's very important to keep the money, guys. We we don't want to gamble with the money. If it's bad trend, listen, even if it's a fake out. Sometimes it is a fake out. You you could argue that um let's see where was it?

14:18 Sometimes it's like a small fake out. Uh here, here, here, here, for example, here. You see here it was a small fake out back in April. But it's fine because this is a fake out, but there's there's just no way to know. I mean, when the charts look like, there's no way to know. We're not fortune tellers. We don't have a crystal orb. For what we know, it just went bare trend and can very well go to 200 moving average.

14:38 So, no one knows the future, but we need to play the cards and we need to protect capital and then boop bull again. We can be bullish again here. Fantastic. Be bull again and then ride to Valhalla. There's no way NASDAQ is going to go to Valhalla without going bull again. So, that's my plan. Exactly what you do up to you guys. I mean, you can lose all your money as always.

14:58 You can lose everything. Your portfolio can go to zero because it's a market. market goes up, market goes down, you can go to $0 and zero cents very fast. Very, very fast. Especially if you don't manage risk or yo yo yo, you know, very fast. But we see in in my strategy, what I'm doing for myself, we I manage risk heavily. Manage risk heavily because you need to know the uh the recovery the recovery table, guys.

15:26 If you have Big Profits, by the way, this book, we're going to be re-releasing it under a new name. Unfortunately, guys, I cannot have Big Profits. I love the name Big Profits, but I want to run ads for it and Facebook thinks it's a scam. So, if you have the book, save it because you're going to have the OG version before the rebrand to a more like normie name.

15:51 I think we're going to call it Ivonomic or something. Ivonomics, but I we tried running ad, but you know, it says big profits and Facebook thinks it's a scam. So, we need to we I mean we need to run I mean I wrote the book. We need to run ads on it. But yeah, guys, here it is a uh recovery table. In the book, you see here we have a recovery table actually.

16:12 Yeah, look here. Look here. If you drop 5%, you need 5.3% to recover. If you drop 10%, you need 11%. You see, if you drop 50%, you need 100% pump to recover. If you drop 80% you need how much? You need 400% pump to recover. So why is this so important? We don't want to lose money. Losing money in the market is quite expensive. So the recovery it needs to be even bigger.

16:35 You lose 20% to recover 20%. How much you need pump? 25. You rec you you lose 30% to recover. You need 42% to recover. So that's why we we play the market in this way. um where the downside is capped and the upside is uh I mean theoretically it's uncapped. We don't know how high it go very high. Go very high. So that's in terms of the uh stock market.

17:00 But yeah, in terms of Bitcoin, guys, let's see how the week closes. Uh we're far away from the bear. I mean here, anything that happens here, mega bullish anyway. Uh the mega mega bullish scenario is if we close above the May high. Should we not do it could go into the 70s 79 77. I mean just gonna take longer. It's a problem. It's gonna take longer.

17:22 Bouncing here would be ideal. It would be in insensia of strength. Should we go down here? Could be more more weeks until recovery. Maybe until the for example one scenario could be until the uh midterms. At the end we don't have a crystal or we don't know. We don't know. We just follow the trend and the trend is bullish. The time to be bare in my humble very humble opinion it was last October.

17:48 This October is time to be bullish. And you know at the end of the day you look at the chart here in September we were at 74. I sent everyone a newsletter. Time to buy the dip. You go to a newsletter. You sign up right now. Very important because this was an example where if I told someone here at 74 that you know in a few weeks we're going to be at like 80 81 and people will be depressed.

18:13 People would say here that's crazy. How can you be depressed if we're at 81? But that's yeah that's the brain of the plebbe plebe forgets. Plebbea gets very nervous. You remove even 2% from the plebe he he gets very concerned. He starts running in circles. He cannot stop running in circles. And then let's say in a few months when we're like a 100 101 there's going to be a time in a few months where Bitcoin is 101k and people are super concerned.

18:41 People are depressed because it was 110 just a week before and now people are super concerned. It's kind of the same scenario guys. Now it's very similar scenarios. Imagine we go like this then we go back. Oh, he's going to be depression. The player is going to be very depressed, annoyed and frustrated about that the markets are a scam this and that.

19:03 Exactly like here. You see here we had pump a bit of retra. Yeah. Classic classic guys. Classic classic. So everything is uh we execute we have clear strategies clear rules that's also why by the way we have the mechanical rules that's why in bulm mechanical rules are so nice because they give you clear strategies clear rules no matter what happens clear strategies clear rules so we act we don't get emotional gets emotional we don't get emotional guys turning the the page to gold has now its own quantum fad its own fod

19:42 which is on the level of quantum fad where potentially you can now make gold very very soon in a lab. Listen to this. This is nuclear fusion. Over the last four years, we've been quietly building the foundational technologies for fusion in downtown San Francisco. And now we're bringing it all together in our first reactor, which we're making available to our first partners in 2027 for medical isotope production and materials qualification.

20:08 First, we melt lithium and evaporate it onto a solid plate. This layer of lithium can be saturated with hydrogen isotopes and used as a target. Then, we ionize dutarium and accelerate those ions through an electric field into the target, creating fusion. Using this simple architecture, we can scale at an unprecedented rate, doubling the fusion power density that we get every month over the next year.

20:28 We chose this architecture because it works. In the 1980s, scientists at Lawrence Livermore National Lab operated a similar reactor for over 25,000 hours at high fusion power density. Why revisit this? Because demand for radio pharmaceuticals has gone exponential with the most successful treatments serving tens of thousands of patients per year. Our first generation of commercial reactors will transform fusion from an experiment to an industry, developing critical supply chains and allowing us to test the materials

20:57 necessary for operation of fusion power plants. And that's just the start. Fertilizers to feed half of humanity, semiconductors, and most of our modern medicines came from the ability to design molecules. And now we're going a step further, kicking off a revolution in scalable transmutation. Our recent experiments have shown production of rare medical isotopes of tridium to power fusion reactors and even validated our scalable pathway for co-production of electricity and gold.

21:25 This is nuclear fusion for medicine, for materials, and for energy. So yeah, basically what he's saying, they're going to make gold. Okay, he spoke about his nuclear fusion. Fantastic. But as he said at the end last week, we enriched isotopes in the world's most powerful plasma centrifuge, beating the Soviet record that stood for 40 years. basically turning mercury into real stable gold.

21:58 Okay, real stable gold. Now, we're building a fusion reactor in San Francisco to achieve record power density. All you pieces can explain more to us in the comment section. What I'm reading here, guys, is that gold potentially singing its last song. Okay. uh this is going to be exponential development where currently the progress has been slow during the last years uh there have been these reactors that were able to create the gold particles for like one nanocond and then bof they disappear and it's been very expensive

22:34 but with AI knowledge with AI recursive learning and these guys are almost there you see it's going to go faster and faster there's no quantum protection for gold this is a quantum level uh threat to gold like what we have quantum in Bitcoin that quantum can break Bitcoin is the same kind of threat for gold where some new tech development can change the scarcity of gold okay in Bitcoin yes it's going to be super hard to make it quantum proof the progress is very slow there are many hard decisions but Bitcoin is still

23:11 software that could be upgraded and protected gold how you going protect gold. How you going to protect gold? You cannot protect gold. Exactly. Also, you have asteroids. Elon Musk there with his little rocket. Pop mining asteroid for gold. It's going to go very fast. I mean, we are now at the beginning of exponential growth in the intelligence, in knowledge, and obviously going to happen very, very fast.

23:40 I mean, just look at what's happening now with cyber security. Everything is getting wrecked so fast in ways that no one could imagine just a year ago. If you extrapolate this growth uh is going to get quite intense, quite intense. And crypto we can protect it. Gold, what you going to protect? What you going to protect? Uh now look at Shamath. Shamath Shamath has a different opinion though.

24:03 Now this guy Shamath I mean I love Shamath but also yeah many people get very wrecked in Spaxs. You guys remember the spa? Now he's saying that Bitcoin is gonna get hacked and go to zero. Listen to this. >> Great. >> All right. So, I'll kick it off. So, OpenAI solves 722 math problems. Uh, none of them reported encryption. I'm assuming that encryption was to a significant degree correct if it was pointed in that direction.

24:33 Uh, what's your view on crypto? Uh, given, you know, the meteoric rise of super intelligence here. Are we safe or are we not? >> I think it's capped. I think that traditional crypto um lacks the fungeability to have all forms of buyers. The buying pool is really retail then institutionals and then central banks and retail lacks the fungibility to be owned by central banks.

24:57 So it's capped from that perspective. Then it's capped because um the there are enough leaks around who owns what that now create security risks. I think France being the best example where I think the French government forced publication of who owned what crypto assets and you had just a complete flurry of kidnappings and you know all kinds of really bad things.

25:19 And then the third is around AI where if you believe that you know recursive self-improvement is pointed towards you know cryptographic hacks. Um the most obvious thing to point it to would be to Satoshi's wallet and you know to break SHA 256 and just kind of drain the wallet and then go short and then tell people that you that you did it. So then you you'd make you'd make the money twice.

25:44 All those things I think are realistic reasons why it's capped and there's an there's an upper bound. And so it's incumbent on these um these efforts to migrate to um um quantum secure quantum resistant cryptographic mechanisms which as you can see in the Bitcoin community is basically impossible because it's a bunch of people that can't even agree you know where to meet let alone let alone you know and what time the meeting starts at.

26:13 So it's I think crypto's a bit lost in the woods here. So, do you think do you think uh Bitcoin is cooked? >> Uh I just think it's capped and then I think eventually it gets hacked and then it goes to zero. >> Do you own Bitcoin? Are you willing to say? >> Uh through a company through a company called Digital Currency Group. So I had this very longterm investment in Bitcoin.

26:33 >> Guys, big mistake. Never say never say Bitcoin is going to go to zero. It has never played out well for anyone. But I mean let's go through some of the things he said. Uh again by the way now that Bitcoin is uh uh a bit sideways for two weeks this arguments they feel heavy. Whenever Bitcoin pumps has a nice green candle like we had here during three weeks you understand this arguments they they start looking very weak.

27:01 So number one show me the chart I'll tell you the news. He does not publish when candles are going up only when going down. So this very important if candle up the same guy Shamath what what will he be saying? Oh the basement he's going to be saying all the other stuff. Okay as soon as you have a bit of down consolidation now everyone is smart with the bear takes.

27:26 So the pandits the the nonprofessionals in the space who don't trade let's say crypto all the time. It's very interesting that when things are green they're bullish. they they find ways to be bullish because there's always a reason to be bullish whether it's the basement whether it's gold what we just discussed when the candle is red the pandit is going to be bearish okay so the candle creates the news you understand uh now in terms of the quantum I mean there he's correct Bitcoin needs to become quantum ASAP uh I'm

27:58 the number one person to say that we we've been one of the earliest people to say it in crypto that Bitcoin needs to focus on quantum it's not fad Adam back has been saying it's fad. It's not fad. It's very important. It's not fad. It's not fad. What else he said with uh uh privacy? It's also a big thing. That's why ETFs have become big. You don't want to be huddling your uh your private key if you're in France, guys.

28:20 If you are in France, you have to be actually be very careful. You need to be very careful. And soon you can buy this um robot uh to protect you. I just saw this in on Twitter. Look here. French shop owners need it. You guys need it a lot. Look here. Unitry introducing H2X Kung Fu Legend Guardian. Powerful performance to serve you and guard you. Oh, guys, if I had a store in France, I would have like 10 of them.

28:47 In case someone comes close, they want to protest something. Okay, let's go. Let's go. I have these guys. They're going to They're going to check out your protest. What you want to say? Tell them. Tell them. Tell them. Tell them. What you going to burn, guys? These guys, they're going to listen to you. So, speak to these guys. Holy crap. Look at him.

29:09 Look at look at look at look at look at him. Look, guys. The use case of this is going to be massive. It's going to be massive. That's by the way why I'm telling everyone to start owning assets. In the age of AI, you need to own asset. You need to own asset. In Bulmay was been speaking about a long time. You need to own assets. Assets. Assets. Assets.

29:29 you're going to have more and more uh social unrest because the average Joe has no asset and an average Joe is not needed also like the the labor is not needed I mean it is what it is you need to have assets where's your asset you need asset without asset you're ply and if your asset is your work it's not needed okay which is a brutal reality which is going to lead to social unrest big social unrest.

29:59 I mean what we see in France probably is uh peanut peanut and uh uh yeah France okay let's see if it's really social unrest because of the economy economics because there there are signs that there there's there are many different other reasons for the social unrest not students guys anyway we're aisco but for real there's going to be social unrest based on economics it's going to happen it's going to happen at some point and there you need this Chinese freaking robots let's actually see The stock Uni Tree it's on

30:31 Shanghai exchange. I don't have it. Let's see. Unree. Should we get Oh, actually it is on It's tokenized also. Oh, see they released the freaking robot that the the tokenized stock pumps unit. Let me see. Let me see. Okay. X Perpetual Perpetual. But it's got to be on some other uh let me check instead on the money scanner. Like the best way to see any asset is on the minus scan.

31:01 Let's see if we have this Chinese unit. Yeah. Here it's yushu yushu technology. You guys know it here. Here. Here. So, daily bare trend. Let's see. Weekly still new. Yeah, this how it looks like. Weekly still too new. Let's see on daily. Yeah, listen. Daily is going to go is going to go bullish soon. It's going to go bullish in two days. Okay. So, I think Chinese they need a direct shipment to to Paris.

31:46 To Paris, man. In Paris, they need it. very very fast. So uh guys, let's go to Q&A questions, answers, debates, just think about your assets and if you have more than 100K in your uh in your assets, then you can apply to join Bulmania. can also be by the way in your like business assets like overall overall um so you can join the inner circle you get all our systems all our strategies in Q1 we're going to have our first event also if you don't have 100k join the newsletter join the newsletter u two two paths two paths

32:26 either inner circle uh or newsletter people asking will it be possible to join with a smaller portfolio we're looking into it but now you know the demand has been so big it's been so big for Bulmania that we had to restrict it uh that we only allow 100k plus people in u let's see I mean we if we figure out a way to serve our clients in the best possible way anyway maybe we're going to decrease but for now it is 100k minimum minimum but many people are asking can so guys unfortunately now it's not possible it's not

32:59 possible I told you to join before how many times I told you to join bulmania many times many times people sometimes people think it's you know that it's some fault all scarcity that you can get some Halloween discount. There's no discount like in Bulmania. There is never discount. The price only goes up and also requirements go up because the demand is too crazy.

33:21 Let's see. Uh oh, by the way, let me let me check the game. Let me check the game from the Guzman. Guzman Guzman. So Guzman did this game mode normal. Let's see. Bull run. Let's go. Let's go. Support level secured. Guzman, you vibe coded this. Nice. Ah, Sorry. He's good. It's good. Pump. Bump. Bull run. Bull run. Let's go. Bull run. Bull run. Bull run.

34:09 Dump. See this one. You got to be fast. You got to be fast. You got to be fast. Support level secured. It's a good game. Bare market. See, when bare market is it's slow. We're slow. Hinging. Hinging. We secured the hing. O. Ah. Is that how liquidated? We're liquidated, guys. Back to the previous support level. Ah, Yeah. Anyway, big shout out to Goosebud.

34:39 But do we get to meet do we get to meet Peter Shiff here some sometime? Told you to buy gold. We stacked four Bitcoin. Nice. Nice. Nice. Awesome. Good. Awesome. How you made it with Claude? Oi. So the bull and bear mechanics are awesome. Yeah. Yeah. Cloud code with phaser. Nice. Nice. Nice. Oh yeah. Q&A. Q&A. You have questions. No question. What's happening?

35:15 You have you have some question or you don't have question. I'm thinking how we're going to do the Bullmania event in Q1. It's going to be very cozy. can finally meet. Uh, so that's what I'm working on. How much is that Rolex? I actually have a video about you can check in Ivanon watch. But yeah, this one is the most expensive one. Then I have the Sky Dweller, but Sky Dweller I don't really wear it too much because I lost too much weight.

35:52 Like it's too I need to adjust it. That's the thing. This one, the Tiffany Daytona, it's adjustable in by itself. This, let me check here, my Sky Dweller. Uh, now it's um number one. By the way, let's see if gold will survive the the this gold printer. This one I I need to adjust it. I lost too much weight. Like, it's too loose now. It's too loose. You see?

36:16 You see how how fat I was, guys? You see this? This watch was perfect fit just like six months ago. Now I need to adjust it. Uh but also I don't wear it too much because it's man it's too heavy. It's too heavy. But it's very nice for some occasion. But yeah, my daily driver for all you know streams and everything is everything is now just the Tiffany Daytona.

36:42 I love the strap. Like I love the I mean number one looks amazing. Also I have a lot of blue, you know, blue shirt. This and that is very good. I love this oyster flex. It's very nice. And uh also it is adjustable. For example, if I want to make it shorter, I can actually do it myself, which is very nice. Here, where is it? Here. It's very nice. You can adjust the because also, you know, let's say it's it's hot, you can adjust it um in during the day, your hand gets hot and swollen or whatever.

37:10 So, yeah. Um but yeah, this one I I need to adjust it. I need to adjust it. Uh Yeah, but if gold this one has been pumping because gold has been pumping. I I I see on this website u chrono 24. You can see how your watches are going up and and down. The sky builder has been very good because since I bought it, gold has been skyrocketing. So that one is like linked to gold.

37:36 This one I mean maybe it's a bit linked to gold, but this one is more supply and demand kind of thing. It doesn't have too much gold. I mean has a bit of gold this one but this one is more you know hype and marketing and that it's uh they don't make too many of them is on the secondary market basically. So this one let's see how the price is going to be but um this one is more that Rolex doesn't hyper hyperinflate it basically.

38:04 Ivan what are your top two ideas of something cool to vibe code? Oi yo yo I mean guys I don't think vibe coding is going to save you. Uh unfortunately like you know people think oh I'm just I need I just need to vibe code something and I will be rich. See this is the problem. Anyone can vibe code. Like a monkey can vype code also nowadays. Anyone can vibe code.

38:22 You can be You can still v code. So vip coding. Don't worry too much about vibe coding. You need to figure out if you make something how are people going to use it? How they going to know about your ass? No one cares about your ass. Uh, sorry by the way for French, but I I I really want you to understand it that no one cares about your ass. Okay, you make some VIP code, no one cares.

38:41 It looks vibe. I can see you vibe coded it. I can see it took you like a day. So, don't worry about VIP code. It's too easy, man. It's too easy. You need to do the hard stuff. For example, can you have a following? Can you have a community? Because if you have a community, I mean, someone is going to check it. Someone's going to take a look. Okay, that that's the hard thing.

39:00 That's that's an asset. You know, speaking about assets, what kind of assets you have. Having a closed subscription is not an asset. Anyone has it. Anyone can tell it is going to build. Um, in case you have um uh a following, some kind of need some kind of marketing channel because that's hard. So, don't vibe code anything. I think vibe coding is u it's only good if you have some someone who who can check it.

39:24 Okay? So, focus on that first. Once you have some kind of marketing channel, some kind of maybe following or maybe you figure out how to run ads. Uh you need to figure out something there then you can think maybe you should vibe code something then then because then you if you can you know do something where someone sees it okay and it has some value.

39:45 Okay. Uh you know vibe coding what you going to v code man? I mean anything you vibe code I can vibe code myself also. Just the other day, I mean, we were we were using an external course platform just as an example, guys. We were using an external course platform which was uh number one, it cost us money and stuff. Uh then we just used the uh AI to uh have our to have our own course platform in Bulman.

40:13 It's very nice like it's you know if you use our old one man this one is a million times prettier. It looks amazing. We can have discord login integrated not some you know fugazi login they had before. Uh you know simple simple so anything you vibe code if you I mean anyone can v code you understand anyone can v code anyone can v code you can tell a yeah I do this boop boop like for the simple stuff in terms of uh you know the what you will uh uh do what idea you have I mean you should know better who who do you do it

40:49 for who do you do it for with our for example we we did this vibe code of the course platform for us. It needs to load fast. Like there are some requirements. It needs to load fast. It needs to have Discord login. It needs to have our design. And also we want that when you pass the course, we can update your Discord badge. So we so you can be an educated person in Discord.

41:09 So I know who it is, who is who is who who did the course, who didn't do the course. So when someone asks a dumb question, I can put put them to the course. But there are no dumb questions. There are no dumb questions. just as a disclaimer but sometimes I just get a bit concerned I'm like is the course maybe not clear uh should I redo the course I'm thinking and then I see ah you didn't do the course man so I will know it soon I will know it in blue I going to know who has done the course who has not done the course

41:40 okay so that was a requirement I mean Atlanta it's all based on requirement what's your requirement I don't know what you should do what you should build it depends on your audience for us I'm just giving an example here like with our course migration stuff it took um uh like the actual building of it AI is so good nowadays it can build like in one millisecond I can believe but it's more that okay it needs to load fast it needs to have our design it needs to be integrated with discord it needs to uh sync like the

42:06 status if if the guy does course it syncs easy that's it that's it you give it to AI go one minute later he's done we we cancel our previous course platform which was buggy and It was it it sucked like guys. Sorry for the French but it it wasn't too good. It wasn't too good. So yeah. Uh so yeah that that's the answer guys. The vibe coding it's u there's no value in that.

42:39 You understand what you vibe code. There's no value in that. Also if you are not an engineer if you are just ple vibe coding you're going to make your app very bad security. You you you don't know how back end works. You don't know how to how keys should be stored. You have no clue. If you are not an engineer, whatever your vibe code is also a big fat security problem.

42:59 Okay, is very important. You you you need to tell AI what how to do back end which routes should be public not public what are the permissions what are what is the o. So, uh, yeah, I I wish I wish I could tell you, oh, so nice you can vibe code, but I need to be upfront with you guys because I don't want you to waste time. Vibe coding is a waste of time if you have if you're like no one knows you.

43:30 It it it is what it is. If someone knows you, okay, then you can do something that's needed. Then you have a the number one problem, guys, now is attention. There there is infinite number of apps on app store. There's infinite number of songs with AI. There's infinite number of AI video. There's infinite number of AI app someone coded some crap. Yeah, there's infant amount of everything.

43:51 Okay, who is going to care about your crapo you just pooped out? If you have some kind of community, they're going to care about your crapo you pooped out. And you know, maybe it's good, but we need to be I need to be single so you understand the problem. Okay. So, yeah, that's that. I mean, do you hold any leverage trades? Currently, I have no leverage.

44:18 Currently, I have no leverage. We just in the early stages of the bull just uh the recovery in some of these coins, it's going to be fantastic. Anyway, let's say, for example, TIA returns uh let's say TIA returns to some kind of uh level. Fantastic. So, Tia, for example, is uh breaking out into bull trend. If this thing just returns to some kind of um so you you know in this early stage you don't need leverage just going back here is like almost 200%.

44:49 I'm I'm giving you some examples like with leverage you I mean number one leverage is in case you don't have capital you want to trade with more capital than you have. Um I don't really have that issue and also just looking at spot they recover in all of this uh altcoins that now go bull trend. Fantastic. Fantastic. Fantastic. Yo yo Bala, make me billionaire.

45:12 Make no mistake that that's a problem. Exactly. With AI, that's a problem. It can build you some vibe code It's not It cannot make you billion unfortunately. So yeah. Uh but yeah, listen, AI, it has a lot of use case, a lot of use case. But I want to kill your hopes of uh like becoming rich by coding some stuff because that ain't happening. There are there are other ways.

45:41 I mean, for example, if you have a personality, which I guess you have uh and you're good at something, what are you good at? Let's say Matt. Matt, you're a plumber. You should do YouTube channel about plumbing. You should take us with you. Matt, where's your YouTube channel about plumbing? You take us with you on the plumbing. We swim around together in the poo pool.

46:10 And I mean that that's going to be a community. Now you're a community of plumbers. Maybe you can vibe code some stuff for them about how you are fixing the pipe or something. just as an example where it would make sense. You know that if Matt has a following of plumbers, he can vibe called Matt's plumber app. And I don't know what you're going to do there, but every day maybe you need to write where the hell you did the plumbing.

46:41 I mean, I I don't know. That's an example. That's an example. Matt is my favorite plumber in the world. Yeah, Matt. Listen, if I need a plumber, I will call you. I will fly you in from Spain and uh you're going to fix the pipe. Matt, I I always I almost wish my toilet would break so I can call you in, Matt, and we fix the pipe together. Oh, yeah. So guys, you have more questions about crypto or no question about crypto?

47:25 Can you check Pango? Pango. Uh let's see who has it. Pango. Pango. Uh Chamanel. So if you're in Bulmania, check out the uh weekly live stream. We did the private live stream. We did discuss Pango a lot. Pango now is weak, guys. It is in bull trend. Likely your stop loss is hit already here. It went into bull trend, but you see how weak it is. So, when this happens, stop losses hit.

47:49 Boop, and we're out of the trade. And to get back, when do we get back into Pango? Um, number one, you don't have to get back into Pango. That's another important thing. There are many other charts that that look better, whether it's CIA, whether it's I mean, you want to be in strong charts, but uh Pangu is going to look strong again when we're above this blue line.

48:07 Okay, that's very important. Uh there have been uh I did a whole live stream for uh bull mania only about this what happens when it just went bullish and collapse. It can happen. It can happen because we don't have a crystal ball and sometimes it does happen. Let's say it goes bull and then all kinds of news happen and people are concerned and now with abstract shutting down.

48:28 So boop pullback stop loss hit you just lose a small percent of your portfolio. Small small percent stop loss hit. You respect the stop loss. That's number one. Number two, you either enter back when we go to uh above that level or there is I mean likely there there is other stuff that is more bullish. For example, uh Monero has been doing very well.

48:49 We've been thinking about rotation from Zcash to Monero also on Monday in in the Monday bullmania stream. Um because uh Monero very bull Monero went to new cycle high also. M Monero Monero Zcash is struggling. I mean it is what it is. It is struggling is bearish trend. We don't hold bare asset. Even if we l Zcash we I don't want to be in bare asset because technically this could go lower.

49:12 Technically it has a risk here of going back and revisiting here. It's 50% down. It can just revisit and continue the bull market. But for us, what's the point? When you have privacy coin, Monero, the same privacy, like the same everything, the same narrative, everything, but it's bull trend and it goes to So this week, we started uh we discussed this already on Monday, and now it's like 10% up already since this week, and it's 33% since uh the bull flip.

49:39 So anyway, uh that's that's how I do, how you do, up to you. You can lose everything. You can lose everything and go to $0 and0. Very possible if you're in crypto, guys. It's a real possibility. It's a real possibility. Uh can you enlighten us how to choose runners among hundreds of uh cryptos? So uh what I like is when there is not too much resistance.

50:07 It's new bull trend and not too much resistance. See, I just showed you the next resistance is like way way up. Um then you could look at something like this. Let's see how super is going to proceed. But for example in super you do have something similar. If we can get above this like all of this if we can get above all of this you have the next resistance here somewhere it's going to be 100% higher.

50:30 So look at bull trend look at so that there there's not too much resistance and uh then you have good riskreward. But at the end of the day currently you don't even need a runner. You know, you you ask how to find runner. Don't worry about runner because if you are bullish in a bull trend and bearish in a bare trend, you don't even have to go to alltime highs.

50:51 I mean, that's that's the best thing. Now, that's why currently the riskreward is so nice in this assets that have fallen so much for them just to go back to this big resistance. It's already 150%. And then you can already take profit if you want. You can take profit. You don't have to ride it all the way back. You could you can you can leave a bit and uh ride ride all the way, but there's no need actually.

51:10 You can just ride it back here. All of the bag holders who hold from the top, they need a full recovery. You don't need a full recovery. You you you can ride the just, you know, to this this um uh support here, which is now resistance or or maybe this one. I mean, to go to this one. Let's see how long it is. It's like a almost like a 10x to go to to that one.

51:33 And it's not even alltime high. That's the best thing. It's not even alltime high. Guys, listen. That's it. Thank you so much for being here. Big shout out to Guzman for time stamping us. Great stream. Many good questions. Will you play the game? Guzman made game. Go to newsletter right now. Sign up on the great, great, beautiful, fantastic newsletter.

51:49 See you all very, very soon. Enjoy your Thursday. Enjoy Thursday. Uh, crypto is fantastic. It's fun. Fantastic. Fantastic. Fun. Very fun. Uh, and yeah, see you all. Have a good day and goodbye, guys. Goodbye.