Mike frames market stagnation as a sophisticated test of patience by mapping current boredom onto historical cycles. It is a clever way to turn the psychological pain of a sideways market into a pseudo-strategic waiting game.
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But Kaspa Will Awaken - Market UpdateAdded:
Heat.
Heat.
I'm feeling LFG. Let's go.
Hopefully going to go.
It's going. I know it's really really going though. But we'll see what's going on in this Memorial Day weekend here in the States.
It's usually uh one of those it's the weekend where it sort of like kicks off the summer, right? Where it's hot and stuff like that. And but my god, it's here in upstate New York. It's been dreary and raining like since Friday.
It's been nuts.
Cold and dreary and raining.
But um I guess it's Memorial Day, right?
It's supposed to be uh to honor the dead, right? The memorial those who fought for a country and so on, but it's not it's not supposed to be a a happy time even though a lot of people just have barbecues and start celebrating. But um either way, nonetheless, it's dreary.
I know most areas where there's coastal areas is when the beach is open and stuff like that, but uh I don't know.
Hope it's have you hope you guys are having better weather in other parts of the country.
But I hope we're going to be having a good week. I don't know. So, potential Iran deal surging uh stocks after strong earnings. Okay.
Um, so yeah, it's it's one of those things like I have this uh so this timeline right here, this is a we're in this gigantic barefly for like 109 days at this point.
This is like this is like unbelievably boring, you know? Like I'm keep saying, okay, I'm going to wait till we go down. I'm going to buy back in and get some more deals. But it's just like it's not happening, man. It's just unbelievable.
I was looking into some other time periods where we had these bor this boring type of time period and I was trying to find it. Like I go over here to power law, right? And I always say that every single cycle we had a midcycle top. 2011 cycle top, we had a midcycle top before that. The 2013 cycle top, we had a midcycle top two times, right? And then in the um so in 2021 we had the midcycle top in 2019 but in 2017 it was it was like abysmal. It was it was crazy crazy. It didn't even go up to like uh average power law, right? It was crazy.
No midcycle top in the 2017 cycle. All right. So my argument is that this is the longest cycle ever and the the midcycle top was a a very disappointing October of last year. But either way, I was like, "Have we ever been this boring before?" Right? Have we ever been in this predicament like this? So, I was going back. I was like, "Let me let me go back to 2017." I mean, I was into crypto back in 2017, but I wasn't um uh you know, I wasn't it was like a passively buying or something here and there. I wasn't really like a trader or anything, but um we had this boring time period.
It was actually longer than this 109 days that I just pointed out.
So, uh yeah, right. So, so let's say from around here all the way out.
So like 291 days like just went nowhere.
I hope it's not that bad, man.
Hope we don't get that bad right now, dude. So this was in um this is so this marker starts from January 13th of 2015 all the way up to uh October 31st of 2015.
Um, and then it was like then if you want to consider from here to here, it was another 202 days.
So it was like an abysmal type of time period. So you see right here, you're like, what happened back here in the 2017 cycle? Like no midcycle top, got nowhere near got nowhere near average power law. We even obviously the October of this past year was very disappointing, but we at least we did better than this, right? So, I was like, "Okay, let me go examine this." I'm like, "Damn, I hope it's not not going to be this bad right now." So, but yeah, we'll see. We'll see what what happens.
The thing is right now, what could happen is that there's no Iran deal. Everything falls through. This is my fear, right? everything is supposed to be looking like on the up and up and everything is going to be like a um positive this week and like wow the deal is like finally it's going to be finalized and and stuff like that.
Everybody's going to be positive and then is and then we're going to go up to the maybe to the top of this channel again and this is then the deal falls through again and then we go so then we go like this and then go down again and we would still be stuck in this channel. We would still be stuck in this channel. That's is that's my fear.
That's That's my fear because the deal isn't done yet and uh there seems to be some roadblocks even though everybody's talking positive.
You're saying you're hot here in the north. Where in the north are you? I am in the north. I am in the far north. But I'm assuming you mean someplace else that's not where I am.
Yeah, I am in upstate New York. uh very very close if you keep if you go a little bit further north from where I am, but I guess you'll probably be in the area of the Aderondex.
Um so unless it's just because I'm in the mountains, it's just cool and dreary and wet. It's been like this for three days right now.
Unbelievable.
Anyways, that's that. I had a things planned that I was going to do and stuff like yard work. I was going to clean some stuff and take out the hose. It was like, yeah, just guess it wasn't the right time. Um, so potential Iran deal so Trump says he's in no rush for an Iran deal and it's far from finished.
You know, it's like this is like I've been I know I've been sending those banging head against wall animated gifts to my community in the Discord, right?
Because it's the So, it could be that it could be that we have positive news like we had the last few days, last two days, right?
going on for a few more days and everything seems positive and then it's like everything falls through again, right? And then we come crashing down. Something's got to give because if that happens, the the major offensive is probably going to happen cuz something's got to give.
Regardless of this channel that we can't stay like this forever, when it comes to this Iran situation in general, something's got to give because we can't stay like this forever. Every single week it seems like the ceasefire is going to be over and we're going to make a deal like every single week. It's a few more days and everything is going to be great every single week. And it's going to be like how many weeks right now? Seven weeks. It's like that. It's kind of nuts.
So yeah, just in this is from an hour ago.
Where's um was it? Okay, the timer. Yeah, this is from like three hours ago. So just in Trump says that Iran talks are progressing smoothly, right? So it's positive news and urge the regional countries to join the Abraham Accords.
So yeah, I mean it could just be positive talk and then in the end nothing comes nothing comes about.
Um there's a little news >> to out a deal with Iran saying there can be no mistakes.
>> That's right. The president posting this morning saying in part, quote, "The deal with Iran will either be a great and meaningful one or there will be no deal."
>> Chief foreign correspondent Trey Yin is live in Tel Aviv with the very latest.
Hi Trey.
>> Yeah. Hey guys, good morning. The Trump administration says >> put out of speed.
>> Deal with Iran is 95% complete, but there are still some final details to be addressed. On a call yesterday with reporters, a senior administration official indicated the memorandum of understanding may take several days to reach because the Iranian system doesn't move as fast as the >> You hear that? several days to reach because the United Iranian system doesn't take as fast as the US. So several days this is just from two see this is from two hours ago. This is from two hours ago. So like I was say my fear that the whole week is going to be like positive but nothing's going to just going to be dragging on. Nothing's going to happen. United States would like. The official added that the current plan is to formally end the war and open the straight of Hormuz without tolls before eventually dealing with all enriched nuclear material in Iran and not permitting further enrichment. Now, Iran will receive billions of dollars worth of assets on frozen along with oil sanctions waiverss. US officials say that will only take place if they uphold their end of the bargain. Secretary of State Marco Rubio said this today about the negotiations.
>> We're still work in progress. We have what I think is a pretty solid thing on the table in terms of their ability to open up the straits, get the straits open, enter into a very real, significant >> Yeah, this is old, right? Because we keep hearing this this week after week after week, we keep hearing this and like I've been saying, I think it's something like Iran is trying to develop a nuclear weapon, kicking the can down the road. The US has intelligence about it and wants to wait till it happens and then, you know, the Trump administration would be in a good position to say, "See, I told you." And then he was to win midterm elections. I mean, that's that's the only thing I could think of. This this is getting out of hand. Every single week is the same old thing.
>> Time limited negotiation on the nuclear matters. And hopefully we can pull it off. It has a lot of support in the Gulf. Has a lot of support globally.
Every country that we've walked through it understands it's very not just very reasonable, but it's the right thing for the world to get done. As the president said, he's not in a hurry. He's not going to make a bad deal.
>> On Sunday, President Trump said in part on True Social, "If I make a deal with Iran, it will be a good and proper one, not like the one made by Obama, which gave Iran massive amounts of cash and a clear and open path to a nuclear weapon.
Our deal is the exact opposite, but nobody has seen it or knows what it is.
It isn't even fully negotiated yet."
Now, a military adviser to Iran Supreme Leader also spoke about the negotiations overnight, saying this.
>> Yeah, I don't think they're going to accept it. I don't know. Unless everybody unless they just come to their senses and be like, "Okay, if the war continues, we're going to die tomorrow or something like that. Might as well just come to terms >> about negotiation. The Islamic Republic has put the least costly path before you. The Islamic Republic is telling you that if you continue the war, we will make the American people miserable and the American economy miserable. Iran is here for a fair negotiation with you."
The bottom line here, the Iranians will have to make serious concessions as it relates to their nuclear program in the straight of Hormuz or they are not going to receive any sanctions relief whatsoever. The president reiterating today, he's either going to have a good deal or no deal.
>> You're in Minnesota. Okay.
Yeah. Okay. That's very far from here.
Yeah, exactly. Big gamer chess. Yeah.
>> At all, guys.
>> Yeah. So Trey had the opportunity to speak with the president this morning and I know you've been doing some reporting behind the scenes as well on this. The president wanted to make clear that he didn't want to delay the nuclear program. He wanted to totally dismantle it. So he said that any indication that this is anything like Obama's deal. He said that's not true because they they're going to get the dust if he's going to sign on the dotted line. What are you learning?
>> Yeah, absolutely. Administration officials are using this line. No dust, no dollars. And it's an indication President Trump is going to get that highly enriched uranium out of Iran or the Iranians aren't going to receive any sort of sanctions relief. It's a very clear equation here, Lawrence. And when we look at the situation for the Iranians, they have to not only commit to not getting a nuclear weapon, but they also have to let excavators go in eventually and dig up that highly enriched uranium that was buried in the aftermath of Operation Midnight Hammer last summer and then export it from the country. But the final part here is the advanced centrifuges that are used to enrich uranium at higher and higher levels. The Iranians have to dismantle all of this and make that commitment that they will never have a nuclear bomb or there isn't going to be an agreement.
>> I don't think it's going to happen. I don't know, man. I don't think it's going to happen.
>> Um, we >> we could just be in for another boring week again. taken out many of Iranian leaders. How has that impacted the dealmaking process and also the possible enforcement of a deal?
>> There's a reason that the Iranians have changed their tone at the negotiating table and it's due to the military pressure that was exerted on the Iranian regime during Operation Epic Fury where their military was decimated. Nearly the entirety of their navy was taken out in US and Israeli air strikes. And then you had this economic blockade of Iranian ports enforced by the US Navy that put crippling economic pressure on the Iranian regime. And regional sources tell Fox News each and every day that this blockade is in place, it is weakening the Iranian regime and their ability to rebuild this military program. And so the president was looking at this from a multiaceted approach. And it puts so much pressure on the Iranian leadership in Thran that it forced them back to the negotiating table to make these concessions. And that's exactly what negotiators right now are working out, trying to determine what the timeline and all of this is going to look like and polishing up those final details toward a broader deal.
>> Yeah. We'll see.
>> It could be. Could be.
We'll see.
Look, look at this poly market. So Bitcoin sees only a 4% chance of hitting 85k in May for poly market.
So May May is this month, right? 4% chance of like I don't to to hit 85K to hit 85K, we'd have to within a couple of days.
Let me uh So this is May right here.
We'd have to go above this channel before June to hit 85K in May. The only way we can do that is if the peace deal is really really official.
So, we'd have to break above this C ch channel right here if if we can get that 4% chance, which is highly unlikely is I think it's I think it's just more likely we start creeping up.
The price just starts creeping up and just rejects before gets to the resistance band of that channel and then just comes back down because there's no deal. Then maybe the next weekend that's when the strike begins. I don't know. We'll see. I don't know.
I know. It's kind of crazy. Kind of boring. I put my thumbnail. The bulls are sleeping. Bulls are sleeping. The bears have already checked out. The bulls are sleeping, right? The bears are coming back in October. But um so cryptocurrency at the crossroads.
I've been talking about this stuff recently with the Clarity Act and so on.
Uh some interesting stuff.
Want to give it a little watch. How long is this? What? Eight minutes. I don't know if I want to watch the whole thing.
But >> our allstar panel. Joining me now folks, Custodia Bank, their founder and CEO Caitlyn Long along with Miss Teen Crypto Randy Hipper and Coin Stories podcast host and author Natalie Bernell. Ladies, thanks for joining me. All right, so it feels like crypto is at a crossroads because Natalie, it's lost the I don't feel the buzz like I used to feel. Maybe I'm It's What's going on?
>> You don't I feel the buzz. I always feel the buzz. There are so many innovations happening with Bitcoin. The Clarity Act is going to be passed in Washington DC.
It looks like you've got all of us here to advocate for why Bitcoin is the best savings technology. So, I don't know. I see a lot of >> Well, Randy, you go around, you've been a I met you as a teenager. Uh, >> Bitcoin isn't the best technology.
It is not the best technology. There's Have you ever heard of Casper?
>> Somebody's got to tell these people.
>> You You fell in love with Bitcoin and you've made it your life's mission to tell everyone about it. But is there is this the excitement feels like it's it's faded a little bit? I feel like people's attentions are are elsewhere.
>> You know, I think the dopamine hit of a memecoin going from zero to like a few hundred million market cap those days are a little bit mundane right now. But I think the >> Can you guys hear this? Okay. Because it's it's uh I see the the audio band barely coming into the orange where it's supposed to be.
>> Premise of freedom money and truth is still here. and for people to be climbing this crypto ladder in the sense of liquidity being relocated to more DeFi money market funds and tokenization. This is where we're finding the foundation of how institutions feel like crypto is going to be for them and then retail and the institutions will come together and it'll blossom into something beautiful.
>> Caitlyn, are we are we in a blossoming process right now?
>> We are in the infrastructure part of the industry. And frankly, >> is this another euphemism for the boring part?
>> The boring part. Exactly. It's a backend part. Most folks when you send money on Venmo or Zel think that it gets to the destination immediately. But what actually happens behind the scenes is this Rube Goldberges delay delay and lots of credit creation between financial institutions before it gets settled. All of that technology is being replaced in the back end of the traditional financial system. That sounds boring, but the end user will find faster, better, cheaper payments and much more clarity.
>> It does.
>> Faster, better, cheaper payments and much more clarity. Yeah, we're going to see some faster, better, cheaper um on the Casper network very soon, right? in like 28 days.
>> Feel like maybe one of the part of the problem, right? You think about the the white paper that was written and published during the financial crisis as sort of a solution though. We've had some financial crisis at least some scares recently and and Bitcoin was supposed to go up. It was supposed >> Yeah. when the bulls start running again, retail checks back in, the market is pumping. They're going to see Casper and that's that's when it's really going to really going to start flex flexing, right? Casper is no longer going to be going going to be a stable coin. All right, remember that was a stable coin >> to be the place to be. Instead, it went lower, gold went higher, and I I feel like maybe it lost some fans there.
>> It did, but part of that is because it trades 24/7, and a lot of these geopolitical events happen on the weekend when Bitcoin is the only thing trading, and so it's broken through technical.
>> A lot of these geopolitical events happen on the weekend and sell in those events. So since 2011 there have been >> Oh, I see. I the volume on the video was down even I was maxing out the volume on this on OBS over here.
>> So >> four Bitcoin winters, Natalie. Four of them. And these ain't your regular winter. These like the winter that we had last year in New York. These are rough winters, right? Uh they last 13 months on average and then they're followed by a spring that averages 17 months before we get to the sizzling part again. So what are you telling people as we're still coming out of this winter and thawing out?
>> Well, this bare market has not been as deep or has means that the volatility is diminishing in this asset as we see more institutional adoption as we see more innovations that dampen the volatility as well like digital credit. So, I think that we're just slowly, you know, inching our way towards mass adoption, but of course, as you highlighted, gold has certainly outperformed, but let's look at time frames, right? Gold might be up against Bitcoin over the last year or so, but if you zoom out to four or five years, Bitcoin's looking pretty nice.
>> Yeah. I mean, if you took a I guess like by now 20-year chart, Bitcoin is either number one and it's like number one, number one, number one, last number one, number one, number one last like so, you know, and now we just saw there's one indicator that just was triggered here, Randy, that maybe the next run is in place already right now and at least takes us to 90,000. Yeah, I think that if you look at the Bitcoin chart, I mean, it hit the all-time high before this whole war broke out and then now that the war broke out, Bitcoin was so steady, almost the same price for a >> hit the all-time high before the war broke out. What are we talking about here? We talking about last year what >> few months in this year. So, I would say it's probably your safe haven versus a lot of traditional banking stocks, a lot of volatility within the tech of chipm and who's going where with their technology. Bitcoin has remained steady and I think that this is something that I respect that people would say, "Oh, Bitcoin's going to zero or down to 20K immediately if there's a war." That was considered a black swan event that never happened. So, I think Bitcoin stability shines brighter than anything else.
>> One thing also shining bright is that this administration is very friendly uh to crypto. Crypto has done very well under this administration and you think that the new Fed chair, Kevin Walsh, should be very friendly as well. What can he do to help?
>> Well, his his past remarks have been favorable to Bitcoin in particular, but to crypto generally. Uh the Fed has historically been very anti-crypto.
That's part of the reason why the Genius Act and and Clarity Act gave less regulatory power to the Fed and to more to the other agencies. And uh the interesting question is what is how much power is Kevin Wars going to have once he becomes chair. He will have the power of the chair to set the agenda. But there are three Democrats, three Republicans, and then Jay Powell who clearly is not a Trump supporter on the Fed's board of governor. So he's walking into a three four board against him.
>> Yeah. And it's been politicized without a doubt. And I hope that I hope everyone there recognizes that if they keep this political angle, it loses all credibility. It's already lost some with many people. Let's pick up on that though because you go a little deeper with this. You say that that Bitcoin is necessary to save capitalism.
>> I think absolutely it is a tool to restore capitalism and I see videos constantly on online right now, especially from young people who are so frustrated with our capitalist system that it has failed them that maybe we should replace it with something else.
And even my parents, my parents fled communism in Eastern Europe and now they're worried that communism is starting to encroach here because we're seeing some of these socialist policies be proposed by local politicians, national politicians. And I actually think that the MAGA movement and the people that are voting for the AOCC's, they're two sides of the same coin.
They're people frustrated with the fiat system. And I would say over the last 50 years, did we really have capitalism if we have a monetary central planning where you have the price of money, the most important price of the market set by a committee that we don't elect. I think that that is actually central planning with capitalist branding. And that's what people are so frustrated about, but they can't really name it.
And so >> Exactly. Yeah. this this this is a problem that's that's uh terminology and and stuff has been a been a big problem in the whole political spectrum where people don't understand. It's more like what we have is a system uh it's more like really fascism, right? It's in the middle of uh it's in the middle of capitalism and communism. You still have the you still have the centralized planning, the the control uh consolidation of power into fewer people and it's branded as capitalism.
It's corporatism. It's where big businesses are get get into bed with the government and use the government to control. Whereas in a true capitalist society, there's no ability for capital capitalist companies to corporations to control anything. If there's no laws to do it, then you can't you can't do it.
So the left has that confusion where they call it capitalism, but what what it really is is corporatism or aka fascism. It's a centrist ideology.
So they fight against that and their problem with the left, the left is they they constantly uh fight against the right not real reasoning that they keep being pulled more towards the left where central power is increased and individualism is decreased.
So yeah, it's uh one of those things.
>> Bitcoin >> I think they're reading the wrong books a lot. I think if uh I heard that thing if a socialist knew about the economy then they wouldn't be a socialist right all right if socialist knew learned about economics they wouldn't be a socialist >> introduces a system of consequences again it's a meritocracy no one is in control no one's close to the money printer there can't be a cantalon effect and I think it will allow for the American dream to really you know broadly reach society again >> and Randy you say dispute and inefficiency are just h part the only way we can remain the pre pre-minent nation in the world is to incorporate Bitcoin and crypto though because of that speed and efficiency.
>> Yes. I I Yes. Separate that. I remember looking into the whole thing when when China took over Hong Kong, there was a separation of of economy and state which is very interesting because the west usually has separation of church and state. It has a declaration of um protection of one's own oneself and property rights. So you know in the US that's second amendment. Um you know it has all these concepts but the separation of economy and state was interesting. If that if that would have happened in in the US or any other country, it would be like a different a whole different ball game where there was there would be such an ability for for uh control the way we see it right now which is really strange because the founding fathers of the US were really really against bankers. They really really were against bank. They believe that the that the cause of the war, the American Revolution was really caused at this rooted by bankers.
So it's strange that it was never built in. They fell short with a few things.
I want to get off onto a tangent a few other things too like another one is like a separation of medicine the state.
There was one of my favorite founders was Dr. Benjamin Rush who uh was a founding father and he wanted to uh include freedom of medicine inside of the first amendment but the other founders didn't believe that there would one day be uh monopolistic control of the medicine and health and and uh like he foresaw things that came like 200 years later what we're dealing with right now is crazy to think the amount of advancements in medicine that would have happened if not for a corporation's ability to to control the markets. It would be like all of that none of that would have happened.
All all the like Obamacare and everything. It would have been completely free. Advancements would have been made well in advance like many many years ago and who knows what we would have cured by now. But we'll see. The cures are coming. We got AI coming and revolution has happened. It's going to happen no matter what. I think health is going to get better, too. But yeah, let's go on back into crypto, right?
>> Absolutely. You're looking at the younger generation. We seek truth and honesty, which is what the blockchain gives you with Bitcoin. It's an open book essentially. And then you have Gen Alpha, Gen Z growing up on an internet based economy. Social media brings down these barriers of what's happening in other nations. Now, we actually get to understand people in other cultures. Why doesn't our money do that, too? So, if we're going to run on an instant gratification internet economy, we need money to match that speed, efficiency, and safety above all. And if you look at the technology behind blockchain and its security, it's far more superior than our traditional banking system.
>> I only have 30 seconds, but I got to ask you about stable coin. Stable coin hit 7.2 trillion in February. People don't understand what's happening with the stable coin. This is huge. It is because the velocity is so fast compared to traditional banking which operates on analog time and stable coins and tokenized bank deposits are coming to the back end of the traditional banking system. You're playing a role in that.
>> We are we're partnered with Vantage Bank in Texas uh the Hazel Network to issue both tokenized bank deposits and stable coins which will allow you to take your dollars into your own physical possession. Not possible in the banking system today. That's been endorsed by the Texas bankers association and and it's it's coming in a big way. And if we do it well, most folks won't even realize there's >> no take your own dollars into your physical possession, right? is the stable coin is still centralized and you can still they can still still seize your account on the chain.
But Fox News wants us to buy now. I will do the opposite. I think in general it's uh um I think I think I think a lot of the institutions are not buying right now or selling or something like that.
Um, yeah, it could be one of those things where we the market goes up, it gets to the top of a top of this channel in a few days and we come back down again.
That'll be crazy.
End of the summer, a slightly big cast position is a must for me. Yeah.
Yeah. Because, you know, it's got to be.
I mean, I I don't think we're going to go up like that.
I I I think it's it's going to be like this, but we'll see, man. It just never happens.
Like that meme. Oh [ __ ] Here we go again.
To the moon. Yeah, we'll see. We'll see.
We're going to the moon. I don't know when. Um probably not going to be this month.
The What did I just do? Did I close something?
Cointelegraph open. What is this?
So, Lumis, the digital asset industry operating in America without a real rulebook isn't a free market, it's a liability.
Um, the banks close for holidays, crypto doesn't, which is so true.
Oh, we'll see. Nothing. This is not like crypto is doing anything special on the holiday.
By the end of the summer, I'll own approximately 3.6 million Casper coins.
Yeah.
Why are you so sure about the end of the summer? If the price stays the same and your DCA, is that what it is? The price will either have to stay the same or go down.
Keep in mind, we could go up and have a really green summer, so you never know.
it wouldn't be so easy to follow the four-year cycle zombies, but uh that's a good bag nonetheless, right? Um so this week markets are closed.
Uh consumer confidence, I think everything's going to be low. I think so. So, April PCE, personal consumption expenditures is the Fed's preferred inflation gauge. PCE, that's probably going to be crazy low. Uh, US Q1 GDP data, again, probably going to be bad.
And new home sales, uh, I don't know, man. I think I think we're looking for like we're going to be looking at a very very dismal week in terms of economic readings and it's going to be mixed with some positive data related to Iran and they may maybe by the end of the week we go down because the positive data the positive um positive news positive news from Iran and the positive news turns negative. So, we shall see.
We shall see.
We did um I saw some before I joined. I saw there's a few pumps. I took uh I took profits from something before I I started this live stream and uh I just saw something before one of the layer ones in my community. One of the good ones. Uh I saw that was pumping up like 20%. I was like, "Oh, that's pretty good." So things those things are going doing good right now.
Um, this is interesting. Bitcoin mining pool uh F uh F2 pool founder uh Chong Wang says he's joined Space X's first planned crude Mars mission which is crazy. I don't know. I don't know why would you do that in the first mission. I would think that the first mission is going to be like nothing but robots.
Okay.
Nothing about robots. Um uh yeah. So earlier this morning I saw a whole bunch of red. Now it looks like a little bit of green. We got Toncoin up 10%. That's a lot.
Toncoin.
Zooie is not even 1%. Pepe's not even Pepe is 1.7.
What's going on with Tcoin?
Yeah, that's crazy, right? Holy crap.
Yeah, there's another L1 that I'm not disclosing to the public that's only available for my community members. I saw it was I saw it was up 20%. I was like, "Holy crap, it's a new L1 that came out end of last year. I called it end of last year. Wait to see that thing pumped to the moon."
Right. And that's why you got to click that link in the description below and you get all these pumps like this and you get your swing trading software and you get a whole bunch of tech. You get those butts to call everything. It's amazing. Absolutely amazing. But yeah, I've been um I have been posting things about Casper and telling people I've been seeing comments like people commenting There's a few posts I made people commenting that uh basically saying that I've been saying, you know, don't don't don't think there's going to be a huge pump when a hard fork happens. A Takata hard fork, right? Because it's uh it's already the market is already pricing it in. People are saying, I got to pull some of these up. This is going to be one of the ones people are like but what like like what catalyst?
Okay. Yeah. People are saying priced in how people are saying people like but but what do you mean priced in? Like is the price is not pumping? Um and I'm like yeah here's another one. I'm like, um, you know, the the thing is if the price action is like the same, it's not moving and the market knows about the Tokata hard fork, then it's still priced in.
It's still priced in. It's priced in because the market knows about it. The price doesn't have to be going up right now.
uh you know would be doesn't have to be going up to order the price in like maybe maybe the price would have been lower right now if not for that people are buying into Casper a little bit more and they're keeping it from going lower.
That could be it too. So that could be that could be a good way to identify the idea that maybe when the hard fork happens it's going to be a dump. It's going to go lower. it is going to go lower. So that's something that could happen. And people across the board, not just Casper, across the board, people like like, "Oh man, you know, crypto sucks, man. I'm getting out. I'm done."
And they're so it's going to be something like that. It could just it totally could be something like that.
But the idea that the the Casper is not doing anything in terms of price action is is uh still doesn't it isn't to say that it's not being priced in.
If anything, maybe back here was being priced in too. It's uh because if the market knows about it, it's being priced in. If the market knows For good or for for good or for bad or for just staying the same, it's still being priced in.
What's going on? What's going on?
The price is the bottom because nobody wants to sell anymore. Which is very true. Which is very true. Maybe there's Well, maybe there's still some people that are selling and maybe there's some people that are buying. Uh and some of those people are buying just because they know about the Takatahar fork.
And it's just it's just equaling out.
It's it's uh if we go out to the month, you like, okay, look, look at this pump right here. But it's still not much.
It's just, you know, it's just here just topped off at 4 cents. And right now, we're at 3.3 cents. So, it's not much, you know, it's not like a huge uh a huge differential, right? So, so where where are right now? This is a weekly candles. Let's go to 24 candle.
Let's take a look at this right here.
These are 24-hour candles.
And it's 21%. 21% just went up a couple weeks ago. It's not much.
And uh what happened a couple weeks ago that I forgot what happened a couple weeks ago in the news that things pumped a little bit.
There was some there was some pumps few weeks ago, whatever it was four, I don't know.
I mean, that could have been related to Iran, too, right? It was like So, yeah, Bitcoin went up. Uh, let's just go back here.
So, this is like back here. What I'm talking about, things went up a little bit. when it could have been just I'm drawing a blank because we just keep on with this repetition of like good news with Iran. Who the hell knows? I don't know. Um but yeah, it's just not what most people have checked out. Most people totally checked out.
Play it down. You want that? I don't know. Like, are we going down? Are we going down?
I don't know. I don't know. We going down. I don't I don't think we're going down right now.
If anything, everything things are going to be creeping up ever so slowly over the next few days.
And if there's no peace deal, then yeah, then we go down. I'll be playing I'll be playing some Johnny Cash at the end of the week or something. But well, yeah, in the long run, I think that um Caspa is the technology that we need, the hard fork, we're just setting ourselves up for the future. Has nothing to do with the price. You know, some people think, oh, when it talk when the hard fork happens, it's going to skyrocket and explode. Everything's going to go up. And you know that's not the way it works either because if everybody knows about right now then we're then we're definitely uh we're pricing it in. Even if there even there's no movement of the price it's still being priced in. It's just the way it works because the market knows about it. So on the other hand that the we could just get a nice a nice peace deal have like just completely take all of us off guard and we get some wonderful arrangement with Iran and then that's when we really do get above this channel rather than go down.
So that's when we really do uh start having time to celebrate.
So but that's the only thing that will take us up I think.
Um yeah I mean in the long run my throat is getting dry. I was just sick a few days ago.
Oh boy, you're going to start coughing, right?
But um yeah, I mean in the long run, I mean, it's just uh Casper's what what uh I think it's just going to just out just going to outshine them all, right? But the price is what it is. It is what the market thinks today. the price is what the market thinks today and there's not too many people in the market, right?
So, um the hard fork will happen and the protocol tells you what the world needs tomorrow, but the prices tells you what the market thinks today.
The technology tells you what the world needs tomorrow. When we arrive at tomorrow, then we're going to see some interesting price action and that market at that time tomorrow. When we arrive there, the prices are going to be very, very different.
And they're going to be, knock on wood, they're going to be a lot higher. Going to be a lot higher, right? It's just that right now those two things are like totally disconnected, right? They're totally disconnected and they need to catch up with each other.
And the gap, that gap between the disconnection is the opportunity we need to take advantage of. Like my man up here said he's going to have 3.6 million Casper by the end of the summer and uh that is taking advantage of the gap I would say.
Um but I'm I'm still I put in a few buys of you know yesterday day before I think it was Saturday, right? Cuz I was expecting things to go down on the weekend and things to go down further and I was like I'm waiting. I'm waiting with some shy powder. I'm waiting and I I only spent like I don't know it was like more not that much more than $300 or something just buying a couple of things buying back in a couple things but I'm waiting to make some really good buys and I'm waiting for this for us to break down below this channel man that it doesn't it doesn't seem to want to happen. Jesus Christ 109 days. Holy crap. Who would have thought?
But yeah, I mean, um, we get we get, uh, one of those days some really good deals.
Yeah, we're in a bare market now. We buy, but still, even in the bare market, you look for those lowest lowest days, those lowest days, those lowest weeks, so you can just buy some more. But I think um the Iran deal falls through.
It's going to be like enough is enough because every single week it's a few more days, a few more days and and we're going to have this peace deal. The ceasefire is going to end. Everything's going to be okay in a few more days. And it's like that every single week. But I think if this falls through right now, it's going to be like enough is enough.
The the major offensive is going to begin. And that particular day, that day is we're going to see prices just plummet.
Might not be sustained, right? So, if you look at a weekly candle, it'll just be like a wick going all the way down, but it'll plummet for that day and maybe go up the next, go back up a little the next day, and just sort of like stabilize.
And uh but I'm looking forward to that day to buy. Now, I'm not looking forward to it in at a moral level, right? Because obviously if that happens, more people die. We don't like that. We don't want that, right? But it is what it is. This if if the deal falls through, it's probably going to happen like that. So, that's going to be the day when you should really buy, right?
Not financial advice. Godamn it. Holy crap. Forgot to say it's not financial advice. This is never financial advice in this video, right? But if that day happens, that's going to be the that's going to be a very nice day to buy. If it's going to be the bottom, I don't know. Is if it's going to reach 59K, I don't know if it's going to go that far down. I doubt it. Um, and then again, at the same time, it could go below.
And will it be the bottom of the bare market? Who knows? Maybe some there'll be a black swan event in two months and it'll be a new bottom. So, we just don't know, right? We just we just we just don't know what's going to happen.
Uh which is why this is like a kind of like a kind of like a stressful game and um at the same time it's kind of fun.
Just uh just trying to play the game.
Casper hits 30 cents overnight if just tweet about it. Take a Yeah, he's not going to do that.
I mean, my feeling is this is uh Michael Sailor and he knows all about Casper and he's probably buying it. A lot of these big boys probably know all about it and they're buying it and they're stacking it and they're not saying anything about it because they know if they do the price is going to surge and they won't be have a chance to to buy more at low prices. And I think that's just the way it is. They're trying to keep it this low for a very, very long time, which is like what we all, you know, should want to because anybody who's in crypto today who hasn't checked out, you know, that's what you should want to. Now, the four-ear cycle zombies, they've checked out. They think that the bottom is going to be in October.
So, that that's that's on them.
But I guess you can say if we want to play it like the big boys, like Smart Money, like Sailor and Tom Lee and everybody else, we got to play it just like them.
Even if we don't have a billion dollars, we still got to play it like them because that's how that's how they get to that point, right?
So, in the long run, yeah, I think that um some good opportunities.
I I'm waiting to buy I have so many buys of Casper like 10 11 cents that no matter what I do I mean I'd have to sell like a house you know in order to to like make up for my my buys just buy it to Casper at like three or four cents. But for me, it's just like one of those things. I thought that, you know, going back to 2024, I thought I thought I was a four-ear cycle zombie, man. I I thought that 2025 was going to be bigger than 2021, especially when we got into Trump getting elected. I thought I thought it was uh like I started realizing in in early 2025 when tariff season came, I started to look into all the macro economic data and I was like, "Holy [ __ ] I was wrong, man.
And I would have waited, man. I would have waited. I was like late 2023, early 2024, I sold a bunch of Bitcoin buying Caspa. And then it was like I um in the end of 2024, right before the Trump pump, I even sold my excavator to buy more Casper. And it was still I was buying at 11 cents.
I like gez if I waited and just did that right now. Crazy. But um it is what it is, man. I just like that's why I I love swing trading. I'm looking I love those huge rallies that and um because I even developed software that's why I developed the software that's available to my community members and start swinging trading, right? They do a pretty damn good job and we get some amazing pumps. AB absolutely amazing pumps in those rallies, right? Like uh the the biggest one yet that we had was back in September, October. We got the 550x on my 130x on D Asian AI tutorial on B&M the 94x. It's just like we got Pippen in the bare market. It's crazy. But um yeah, that's what I'm in it for. That's I got I'm I'm craving a new rally. I just want to get out of this goddamn channel right here. I want to just I want the volatility. I want to break below.
Like I want to break below really hard, right? I want to go really hard breaking below and then I just want to go up just buy back in low.
That that'll be amazing.
But but we're in for some boringness right now. Hopefully it doesn't work out like what I showed you before on in the chart in the 2017 cycle.
Crazy. Like 290 days. We're not even if this is like a 290 day period of of of boringness, then then we're not we're not even halfway through at this point.
It's crazy.
Thoughts on ZBCN? Been stacking a little side bag now for six months. I think CBCN is very, very good. It is on my favorites list. I haven't bought that much, but um CBCN.
Yeah, I don't really give this too much attention.
And ZBCN is one of the few coins where I bought on OKX, right? OKX opened up to the US market like um about a year ago.
I think last summer. I was like, "Okay, let me check out see OKX, right? Let me check out OKX." And I buy my ZBC on OKX just for the hell of it, just to use another centralized exchange, right?
Another tier one.
Um so ZBC is on Solana if you want to trade it. you know, if you want to swap it.
Uh, what's it doing recently? The month.
Yeah, it's a little bit so little bit down from the month.
This is um Yeah, the low obviously was back here.
So, February.
Yeah. I mean, if we start going down and maybe we're going to get close to this low right here. So the low right here was.1 cent and then right now it's 02 cent. So it's double the low or maybe maybe it's almost so 29. So it's almost triple right.
Oh no.16. So it's double.16 29. Yeah it's double.
Um, yeah, it all depends, right? Because if you like if you believe this is going to do like a 10 or 20x or, you know, 15x, then if you buy it at 0 29 cents versus one 9 cents, I don't know.
I mean, it could help, but uh, we just don't know if it's going to go back down. None of these, we just don't know if it's going to go back down. But ZBC is pretty pretty damn cool.
Caspa is undervalued until a dollar. I would agree.
Caspa, it all depends on the time frame.
I think we're going to get a massive economic expansion and AI induced economic expansion over the next few years and then the total crypto market cap is going to catch up with the total global stock market cap.
And if that's the case, you're probably looking at a 100red trillion total total global stock market cap.
And then you have to think, what are all these other altcoins going to be?
These castle going to be at 100 billion market cap, which is $3, or is it going to be at a trillion market cap, which is $30?
We just don't know, man. We don't know what the future's.
It's hard to target, man, right? Because we just did that 98x on lab, man. 98x, right? Only my community members did it, man.
>> Oh my gosh. Oh my god.
>> That's only for my members, man. That's why you got to join. But we did a 98x on lab and I was targeting 20x on it. I was targeting 20x at the cycle top. If that whether it be 2027 or what, whatever it be, I was targeting a 20x on it. It went far beyond my expectations. I'm like, "Holy crap."
And it did that. It did it. It did in the bare market still. It was still in the bare market. We did the 98x on lab, right? Let me pull that up. In case you guys don't know, just joining my stream.
This is like was it two weeks ago now?
We did a 98x on lab. Man, we're buying this thing at 8 cents, right? 7.7 cents.
98x on lab.
um market cap data. Let me see what this says.
It went up to 66 666 and according to core market cap here no longer says that alltime high. Yeah, 666 went to 774 on a two-minute candle if you go to Trading View. But yeah, man, this is crazy. My highest sell was like $663, right?
So, it was coming close to the 666 the coin market cap shows as my heart sell.
But yeah, 98x on lab. I thought I was I thought I was going to do like a 20x.
That's crazy.
So, so you get get you get a bunch of community members that are very happy.
So, if you wanted to be very happy, too, you should join this community. Link in the description below.
Everybody's a VIP, but the premium costs a little bit more and you get a little, you know, little more added to it. You get uh, you know, you get direct DM access to me. You can chat with me whenever you want. You have a chat bot.
This my clone. You can chat with my clone. You have the swing training software if you're a VIP. Everybody gets all that. You get all the tech. Really, you get all the tech. You get all the advanced bots that call these wonderful plays.
all these advanced bots that scan every single token and pluck out some good ones.
Um, and as a if you don't pay for the one-time payment, the lifetime payment, you still become a lifetime member because eventually your payments stop and you don't have to pay anymore and you become a lifetime member. So, I got not only do I have better tech and better calls than other groups, but I have better deals and lower prices. Oh, >> and that's why Code Monkey Mike has the greatest crypto community on the planet.
>> Exactly. What other what other comments we got over here? So, Bitcoin break below looks like a new lower low with a bullish divergence.
Uh yeah, I mean I think it's going to go I I think it's going down slowly. Yeah.
um the charts looks like it and it's just like the only thing, you know, I don't look at the I'm I'm not like an a TA guy. I don't like I don't like TA because it's just it'll send you off in a different direction if if there's other macroeconomic data that conflicts with what TA TA guys are telling you.
Just just I don't know, man. It's just I think I've learned my lesson. Um but not only does the chart look like, you know, it's going to go down, but it's just just uh the news with Iran looks like everything's going to go down, too. I I just I doubt there's going to be an agreement. It's going to be like all over again. It's like there's no deal.
Couldn't make a deal.
Thanks for all the Casper info. Broke and Croak are holding strong and Slippy made some waves. Yes, Slippy.
Where's Slippy? I got this pulled up.
Slippy.
So, we're talking about Slippy. They were happy. I was talking about Slippy on my live on my live stream last time around. Where is it?
Uh here. Let me let me let me click over here. Go directly to the Twitter profile.
So they they jumped in in price.
They did like what did they say like 150% increase right after I talked about that. That's kind of funny. But yeah, Slippery, Slip, Slippy.
Um, Slippy the Frog.
Look at this cracks right here.
Yeah, this is a new I guess a new token.
I don't know. Let's see. All time. How far does it go back? Has it been around for a while?
No, this is 2. This is I don't know if this chart is I don't trust casper.com but yeah this chart is correct. It's only been out since April. So take a look at Slippy.
Yeah.
And there's uh this Casp still right here.
What do you think about Nacho and its utility with the cat bridge? just somebody mentioned that recently on one of my posts because I've been I've been pushing to say that the true mascot of the Casper network is Casper the Ghost because it's a ghost tag.
Uh and it just makes sense. Casper the Ghost. Um, yeah, I had this posted so much anyways, but um Hold on. Let me let me go here. Nacho.
Nacho. I have no idea what what what this is, but a website.
Who are you talking about? You somebody told me about Nacho's utility. I don't care about Nacho's utility dude. I was like this either a mascot or you're not man. Um like for me like Toshi is the face of base, right? Toshi doesn't have to have utility in order to be bases mascot.
Even though it does, right? Toshi Mart and so on. Uh bridge smart.
So what is what is it? So bridge nacho just means you're bridging from a not cat bridge.
Oh, you're talking about from uh layer two igra. Is that what you're talking about? Oh, okay.
Yeah, I didn't know about that, but yeah.
I mean, yeah, that's cool. I mean, yeah.
I mean, yeah, it has utility, but I mean, I don't know. I don't I'm just not feeling the vibe when it comes to it being the mascot of Casper.
I mean, it's the pet of of the one of the lead devs that that quit the project.
like you don't get to have your pet as the as the mascot if you left. Man, I don't know. It just it doesn't feel right. And like I said, it makes sense for Casper to be the mascot because it's the first fully implemented ghost.
You know, it's it's uh it's I don't know.
Not talking down about Nacho, man. I'm just talking about it being a mascot. I mean, I do have a lot of Nacho, so it's not like I want it to crash.
Oh, what is the adoption thesis for Casper?
Adoption.
Well, it'll be adopted along the way once that technology once crypto becomes in the spotlight again, right? It'll be adopted. I I've been saying down the road that that ETH is like very very strong and I think ETH is eventually going to flip Bitcoin. Ether is going to be number one and then Bitcoin is going to be number two just because of what you can do with Ethereum and institutional buying. ETH is going to flip Bitcoin.
And at that moment, Bitcoin Maxi is going to have to take a hard look at themselves and think, you know, because they're going to they're going to hate Bitcoin Max is going to hate the idea that ETH flips Bitcoin like 10 years from now, whatever it may be, and they're going to look in the mirror and be like, you know, I have to really think.
I don't want this proof of stake garbage being that number one Ethereum. I hate Ethereum. Right. Right. They're going to be like that. And Casper is going to be there as a the prime, you know, candidate to for them to flip to, for them to switch their allegiance to. And when that happens, that'll drive up the price of Caspa significantly.
Significantly.
So, it'll push not only push Casper to number two, but then eventually push Casper to number one. That's that's my opinion.
And it will be many many years before you can be able to say whether I'm right or wrong because I'm talking like 10 years out. That's what I'm saying.
So, do I have any towel or quant? Um, now I don't have any quant. I know all about it. I think it's okay. I do have Tao because I like the project.
Um, I think I've always saying if Casper never existed this cycle, I would have been a a toncoin mask maxi.
And then probably right around now with all this AI stuff, I would have switched from Toncoin to a towel.
Uh but because Casper is around, uh I'm a Casper maxi. But yeah, I am very strong, very big on Casper, TA, and Toncoin.
Those are the ones that I like the best.
Uh when it comes to projects I actually like, I mean, I wouldn't like TCO. I like Toncoin because the reason why I like Toncoin is because it's it's extremely fast. You know, not as fast as Cashwood, but it's extremely fast. up there like up with the top and coming in close uh to Casper, right? But it's it's extremely fast and it has buying of the Telegram network and it's uh you know it's has big institutional buyin so that's why I like Toncoin. Toncoin um I'm not saying Tao instead of Ton, right? So Ton, that's why I like Toncoin. What is problem? The problem is it's proof of stake.
When it comes to actual projects, what I like in terms of technology, I move I would say the things only the things that I like terms of the technology is just proof of work and no premine fair launch. So you're talking about Caspa, Bitcoin, Tao, Litecoin, like Casper, Bitcoin, Tao, Litecoin, you know, maybe Digubyte, right? I was like a digit maxi. Digimite. Digabyte was the whole thing where they wanted to it was a faster proof of work. was supposed to beat Litecoin and so on and it's still around. It actually in 2021 it it beat its alltime high from 2017 which is crazy. It usually usually projects don't do that. Usually also do that. They don't beat their alltime high in their second in their second bull run but Digubite did. Um but it's really out out of the realm of of uh anybody's radar right now even though it's still around. But yeah, those those are the things that I like.
But in terms of the tech or liking things in terms of the money to be made, yeah, because I have to consider things like Toncoin and you even project is going to go someplace. Don't have any quant.
Honestly, the reason to get Quant, what's the point? Part of the thing about me buying tokens is that I find tokens really early and I'm able to tout it. Like I say, like I made a 98x on Lab, right? And I'm I'm able to say, look, I get in the I get in on these projects really low and I call into my community members and I keep them a secret until they pump to the moon. And that's my whole thing. So I'm not shilling a coin. I'm not trying to I'm not like somebody a influencer that's calling a memecoin and try to pump it to their audience that they can so they can dump on their audience, right? I'm keeping my projects that I find early a secret to my community so that we can make a 98x like we did a couple weeks ago on lab and all the stuff like that. So, but when it comes to quan, I don't I didn't I didn't get into quan early, so doesn't matter. I don't care. I'm good with all the others and I got plenty of them.
I think the adoption states for castle will be will stretch across many sectors and industries which is very good. Yeah, this is very true. Very true. Very very true.
I'm looking forward to banking and finance with warp core. Yeah, I was just talking about warp core in my last live stream. Right. the uh the uh was it the 2022 ISO compliance, right? And gigawatt with energy sector. What a good time to be alive. Yeah, you you said it right.
Right.
Exactly.
Slippy is almost 10 months old and Humpy up and coming. Slippy is 10 months old.
Okay, Slippy is 10 months old.
Well, let me check Nachos. Maybe these dudes don't go back, right?
No, this only goes Nachos only go back to February this year. So, this this this chart doesn't go back.
Yeah.
Um, that's Coin Dex.
Speaking of which, yeah, check out my check out my X profile. X profile is growing growing growing hard, actually.
uh like took me 15 years to get to 1500 followers and then I'm like up 300 followers in like in the last like three weeks. Crazy, right? Um been posting a lot of content, mostly Casper content, all this stuff. I got other vids as well. This is my video.
This is a music video uh I made when Mr. Beast took down T-Series. Bet you didn't think it would be so soon.
Yeah, Ter.
>> Um, follow me on Instagram. I don't know, man. Instagram is really get like one follow a week. It's crazy. Anyways, guys, I think that's pretty much it.
Let's hope for the best. Click the link in the description below. You know, the best community ever. No community has the amount of calls that I got, and you know it, man. You know it. But you have to join because That's right. That's right. I'll catch you guys laterers.
Cord will be mike.
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