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2 years to the day since the start of bear marketism for kaspa:native Feels longer

Wow Leopold blew up? I was afraid to put my own money in until we got this rip down while he only added billions of exposure this year Lesson in there

The entire country of Korea is depending on warsh to be dovish

Next time when someone as baselined as humanly possible posts something like this. I promise to force everyone with AUM to heavily move into cash

Somehow never heard of the Theranos scam so looked a bit into it and apparently grok will not be an accessory to help me commit fraud

@cryptogenerian Luckily, I won’t be tested Annoying though to say the least

Are you a kaspa:native diamond hands? You will be tested. Even at .0276 you will be tested. It is the nature of markets. .03 is now pretty strong resistance. It is possible we remain under it for months.

@Rage_of_the_Age I was thinking same or if warsh does actually hike tomorrow that could mark the bottom of everything..it’s a big game they’re playing and I think there’s a little more downside in the bag if they want to use it

I would not be surprised if ai bounces from these pre-market prices people think kospi was leading but perhaps it's lagging here. It was green going into Monday which ended up really bloody. perhaps the circuit breaker was in reaction to our market and we get another AH fake out

@NikolaGalilei Would be such a shame

@KHvyHash I assume someone might be... Be a shame if I beat them to it...

Quick Kaspa Question... With covenants on mainnet... Does anyone know of a (USD) Stable Coin, Gold backed Coin, Silver Backed Coin, or even a Gemstone backed Coin? If they are not live yet, I might just have to figure out how to make one (or several) and launch...

@NikolaGalilei Someone must be working on it..stablecoin volume is up and to the right only its one of the most obvious voids to first fill

@KHvyHash I am still not aware of any yet... At some point in the near future, I will be doing a bit of coding...

Congratulations on the smooth launch of the fastest privacy network. Thanks to Kaspa’s merged mining from block #1, ZKas network hashrate is 5PH and this number will only grow. Such a security level at day 1 is something other chains only dream about. Core compiled for Desktop platforms: github.com/firecash/zkas-… Light wallet for Android and Desktop platforms: github.com/firecash/zkas-… Thank you for being with us from day #1. This will be an exciting week, stay with us.

Nicee

HOLY FUCK THE NYC DEPARTMENT OF FINANCE JUST MASS DOXXED EVERY WEALTHY PERSON IN NEW YORK CITY

@Lacsap88 It would be way before then and recovery later but each day that passes without it happening makes it less likely.mag7 earnings are all coming up and they all crushed last Q so will see soon

@KHvyHash Feels like we gonna see a huge drop end of this year.

I could be the retard here But anyone who thinks the stock market is in a gigantic bubble and the top is near is a dimwit imho

It’s simply the money..yes from the outside indicies are up a zillion, AI and other tech stocks up a quadrillion..but there’s a major difference between now and 2000 and that is money these companies are generating I will say that Google using so much CapEx to put them in negative free cash flow down the line for the first time ever is a little worrisome..there is a very real possibility a bubble ends up forming that’s about the size of earth This one chart is pretty much enough to tell the whole story for me…not only is this not a bubble currently..the tech market isn’t even overvalued yet

@KHvyHash I must ask, what do you believe? What are your thoughts

As someone who has personally spent $500k / mo+ on Google Ads for years, I can tell you with certainty: This revenue growth in Search is artificial & extremely unhealthy for Google’s business long term Search volumes are declining as legacy search is being increasingly cannibalized by non-monetized LLM queries Google’s response? Manufacture revenue growth via short-sighted, highly extractive, customer-hostile tactics. I.e. charge advertisers more for lower quality clicks, including clicks they do not want and explicitly did not approve Google to charge them for A few examples to illustrate: For all of its history until recently, Google operated on a 2nd price auction model I.e. if you bid $5 CPC and the next highest bidder bids $1 CPC, Google charged you $1.01 for the click (one penny more than the 2nd highest bidder) rather than the $5 you bid This was a genius move by Google early on as it incentivizes advertisers to input their true maximum willingness to pay rather than trying to play the game of bidding low and constantly adjusting to try to stay just ahead of the next highest bidder while still not paying too much However recently, Google silently deprecated the 2nd price auction and began charging advertisers as much as their bid and budget caps allow, regardless of what anyone else is bidding It’s a short-sighted cash grab at the expense of the long term health of the advertiser ecosystem Making thing worse, Google also recently nerfed keyword targeting precision Google previously had precise keyword targeting settings that allowed advertisers pick individual search phrases to bid on, defined down to the character w/ exact match or phrase match targeting This was one of the core features that made search advertising magic, enabling advertisers to run extremely precise campaigns based on exactly what their target customer typed But now, even if you bid on a specific term or phrase using the strictest exact -match targeting settings, Google will show your ad across 1000’s of unrelated keywords, labeling them as as “exact match (close variant)” The definition of “close variant” means whatever they want it to and changes constantly. The result is advertisers get billed for clicks that are totally irrelevant to their business and that their targeting settings explicitly forbid Google from targeting. Google does it anyway and there’s no ability to turn this off So now exact match is broad match, and broad match is just meaningless spam This is all very bad for advertisers, but for Google, it allows them to show your ad and bill you for clicks across 1000x more searches that were previously going unmonetized (mainly because they’re garbage queries no one wants) This is how you grow revenue atop declining search volumes Lastly, and perhaps most egregiously, Google quietly stopped respecting budget caps by a factor of 2x. For example campaigns we’ve been running for years with $1000 daily budget caps suddenly began spending $2000+ per day And the extra spend is entirely on the garbage keywords Google arbitrarily throws in as “exact match (close variants)” which have no value to our business, but can’t be turned off Google offers no refunds nor any recourse for overspend or spend on keywords you explicitly did not target These are not the actions of a healthy business. These are the actions of company whose core business is in decline but desperately needs to pump quarterly earnings so Wall Street will continue to fund insane capex while hopefully looking through their rapidly deteriorating negative free cash flow Google operated a benevolent monopoly for the better part of 25 yrs Meaning the value Google captured from Search was but a small fraction of the value it created, and that spread produced a potential energy that justified expectations of high earnings growth far, far into the future This is now no longer the case At the alter of AI capex, Google is sacrificing the golden goose

My statement takes all this previous price action into account in addition to earlier price action, this is as rounded of a bottom it’s been creating as you’ll see

Getting close to the confirmation…still needs to go higher but this is the same 2H candles as the quoted post for $kas