Trading Pub – 26 Sep 24
00:10: Meeting with Kaspa devs on scalability focus.
00:53: Kaspa prioritises fast transaction layer, not complex SCs.
02:03: Kaspa’s use cases in voting and supply chain.
03:32: Kaspa’s layer-one focus vs current AI hype.
06:44: Kaspa’s projected steady long-term price growth.
07:51: Kaspa event: stablecoin and finance bridge news.
09:05: Skepticism over Kaspa event announcements.
09:47: Announcements seen as aspirational, not active.
13:05: Swing trade setup on Render token (double bottom).
15:14: Render trade depends on Bitcoin price movement.
16:11: Entry, stop-loss, and take-profit levels for Render.
20:00: Discusses ongoing trades, considers rebalancing.
22:32: Kaspa trade underwater, potential price patterns.
23:01: Fractal patterns in Kaspa price indicate upside.
24:51: Suggests Kaspa could move up based on history.
25:56: Inverted head & shoulders on Kaspa log chart.
28:10: Personal portfolio, speculative pot with Tau/Zapi.
31:17: Recent trading activity in Tau, Zapi via Uniswap.
32:14: Views on Sui token as AI project, Tao reluctance.
33:39: Review of crypto market, growth in Tether/USDC.
37:26: Kaspa event discussions on buying gold for storage.
38:21: Gold vs USM2 analysis, potential investment downsides.
40:44: Kaspa growing against Bitcoin but might not last.
41:32: Kaspa may rise soon as it hits Bitcoin support.
43:10: Head & shoulders pattern on Bitcoin vs Kaspa.
44:29: Selling Kaspa to invest in based AI project.
46:36: Allocating 5-10% to AI-related low-cap cryptos.
54:13: Risk-reward of AI inference rigs vs investing in Tao.
56:01: Tao may outperform AI rigs in current conditions.
57:24: AI rigs may be good post-bull market investment.
58:09: GPU vs TPU rigs for AI and general purposes.
59:11: TPU advantages for AI but with trade-offs.
01:00:02: Next bull market stage: early profits possible.
01:00:56: Bitcoin cycle starts with halvings, patience key.
01:01:25: Tether dominance, audit would clarify reserves.
01:02:46: Margin trading explained using a betting analogy.
01:03:31: Margin dictates trade volume, isolated per trade.
01:05:29: Margin trading consequences explained.
01:06:32: AI smart contracts: BitTensor example.
01:07:49: BitTensor compression allows smaller hardware use.
01:11:45: New compression algorithm boosts large AI models.
01:13:39: Surprised Kaspa devs unaware of power law link.
01:14:30: Tao uses decentralized GPUs, AI models off-chain.
01:16:26: BitTensor’s AI “app store” for future on-chain use.
01:17:18: AI models don’t need to be on-chain, decentralized better.
01:17:53: Clore lets players set staking offers with high APYs.
01:19:10: Critical of ICP, calls it a “VC rug pull”.
01:20:05: Advises against ICP, Hex, or Pulse Chain investments.
01:21:20: Warns of Richard Hart projects as Ponzi schemes.
01:22:46: Recommends reviewing crypto projects regularly.
01:23:24: Structural changes in projects can affect prices.
01:24:39: Gas price range explored for leveraged trades.
01:25:19: Long gas position discussed, no stop loss.
01:26:05: Crypto crashes could be more compressed, quicker reversals.
01:27:08: Leaves long-standing Cubic investment due to wallet issues.
01:28:06: Explains accessing customer support on Mexc.