Trading Pub – 30 Jan 25

01:20: Senator Loomis proposes Bitcoin Act to purchase 200,000 Bitcoin annually as strategic reserve.
07:26: DeepSeek represents a good reality shock to entrenched AI incumbents like OpenAI.
12:22: China typically copies Western innovations and improves upon them across various sectors.
13:11: DeepSeek reduces computational complexity by using 8 decimal places instead of 32.
14:23: DeepSeek focuses on delivering AI solutions faster and cheaper than competitors.
19:12: Prediction that AI models will become smaller and efficient enough to fit on a USB stick.
20:40: Elon building world’s largest AI supercluster with 100,000 H100 chips, wants to double capacity.
22:03: Warning against downloading DeepSeek due to potential data scraping concerns.
24:03: Not discussing crypto portfolio details publicly for personal security.
28:54: Strong buying pressure observed below $100,000 with significant market bounce.
36:37: Potential ‘dead cat bounce’ indicates possibility of further Bitcoin price decline.
42:26: Four-year crypto cycle suggests potential alt season in January and February.
46:35: MicroStrategy operates a ‘perpetual money machine’ by selling bonds to buy more Bitcoin.
52:36: Crypto market projected to reach 100 million tokens by end of 2025, creating significant competition.
55:34: Top 10 cryptocurrency tokens currently dominate 91% of total market capitalization.
57:04: Alt coin dominance not showing expected growth patterns in current market cycle.
59:26: Being selective about crypto investments, focusing on projects with real-world use.
01:00:14: Sustained meme coin interest observed since March 2023, potentially indicating market shifts.
01:02:08: Subnet token crash expected to settle in two to three months.
01:02:49: Bittensor could grow to over 1,000 subnets in the next year.
01:03:33: Current staking with TAO yields 14-15% APR, potential to reach 20%+ with smart subnet staking.
01:05:12: Plan to stake 80% to root network and 20% to macro cosmos subnets.
01:08:26: Ethereum showing weakness, potential retest of $3000 level anticipated.
01:13:59: FOMC meeting tomorrow with 99.5% chance of unchanged rates.
01:22:21: Subnet tokens operate as internal marketplace tokens attached to TAO.
01:24:42: Foundry subnet aims to predict S&P 500 price with trading algorithms.
01:26:27: Subnet token swapping will occur via a DEX similar to Uniswap.
01:31:05: Anticipating a crypto bull market with potential trillions flowing into the sector.
01:33:00: Expecting most alt coins to crash, with ETF coins potentially more resilient.
01:34:34: TAO might experience up to 80% crash during bear market, similar to Ethereum’s historical trends.
01:43:09: Exploring potential trade on Livepeer with strategic positioning.
01:45:02: AI crypto sector expected to attract trillions in investments.
01:45:38: Livepeer has 2.2 million token holders despite significant market downturn.
01:46:48: Audiobook completed with added visual illustrations.
01:53:12: Hedge fund deployment delayed until beginning of February due to month-end net asset value audit.
01:56:49: Crypto market currently volatile with multiple coins breaking support levels.
01:59:31: Market support level breaches potentially temporary ‘tree shake’ to scare investors.
02:00:19: Claw AI offers GPU rental at competitive rates around $3.39 per day.
02:03:08: Hedge fund investment strategy uncertain, will pivot to stablecoins during potential 2026 bear market.
02:10:14: Potential market crash anticipated within next 15 months.
02:15:54: Committed to focusing on Bittensor for next six months.