I'm bored so I do this with my time.
Joined January 2018
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No fucking way!... the bear market is about to resume. I know these are normally things that occur at bottoms, but we are not at a bottom. We are well off the lows so it's bad news equals bad price action.
🚨BREAKING: BINANCE HOT WALLET APPEARS TO BE DRAINED FOR ~$2.53B!
On-chain data shows a large outflow from a Binance hot wallet (Binance 14) involving roughly $2.53 billion across 60+ tokens on Ethereum, including a major ETH transfer.
The transaction that moved the funds was initiated by an address funded via Tornado Cash, with the assets sent to a fresh EOA.
The report remains unconfirmed.
Now a second day where crypto is going down and now after-hours SPY and QQQ taking some big hits and IWM is flat. Money is rotating to beaten down small/mid caps.
I think $GOOGL taking a big hit isn't going to be the disaster for markets everyone thinks. Sure, it will take the indexes down but my guess that money rotates to all the beaten down stocks that not AI centric. Watch IWM go green tomorrow while SPY and QQQ get taken down.
This makes no sense. Everyone will be using bots. Sure, most people aren't aware yet of personal AI bots, but they will be.
Grok Bot is so fantastically easy it's like using Uber for the first time. It's perfect software.
Bots are becoming frictionless with almost a zero-learning curve at an extremely fast rate. Remember how fast GPT gained users... normies are coming.
$AMZN is not going to show a loss bc of blocking agents shopping for people bc only nerds use agents to shop and thats .1% of society, most normal people who have sex on a regular basis, still do not use agents to shop for them and won't.
Looks like this is going to be correct. I'm worried they are going to keep slow walking clarity act just grab more exit liquidity on the way down. As for BTC and ETH, with any luck we just sweep lows for pseudo double bottom to clear out longs before a real bottom. ALTs however probably done.
I do believe augmented reality is going to be a big part of the evolution of tech. Up there with robotics.
I think $GOOGL taking a big hit isn't going to be the disaster for markets everyone thinks. Sure, it will take the indexes down but my guess that money rotates to all the beaten down stocks that not AI centric. Watch IWM go green tomorrow while SPY and QQQ get taken down.
Not going to say this was obvious, but it certainly seemed likely.
This would be wild if it happens. The problem is i don't think google has anything up its sleeve to justify it. It gives away its AI compute just to stay relevant. It doesn't have bot presence like Grok or Claude and search is dying because of it. I tend to think this chart will break the trend after maybe a double top if its lucky and then that's it. Lights out. Search is dead and they are way behind in the AI race.
I know they created some ultra hot chick for gooners... but lyrics and beat and voice are amazing. "skynet woke up folding socks" might be the most poetic way ever to describe how everyone was worried about AI killing us but instead it ended up being our liberator.
This would be wild if it happens. The problem is i don't think google has anything up its sleeve to justify it. It gives away its AI compute just to stay relevant. It doesn't have bot presence like Grok or Claude and search is dying because of it. I tend to think this chart will break the trend after maybe a double top if its lucky and then that's it. Lights out. Search is dead and they are way behind in the AI race.
Parabolic moves usually happen in three phases.
$GOOGL has been following this curve since the 2022 lows.
The third and final stage is often the most explosive.
Outofsync42 retweeted
Been obsessed with the stock market since I was a teenager. Have traded through the dotcom bubble, the financial crisis and just about every market mania since. But I’ve never seen anything like the skepticism surrounding AI. Not even close. Every time one bubble narrative falls apart a new one takes its place. Rumors become headlines. Misleading data goes viral. Claims that could be debunked with 5 minutes of research get repeated by major media outlets, influential investors and Wall Street analysts. It’s relentless and honestly pretty fascinating to watch. Of course there will be spectacular failures and massive wealth destruction along the way. That’s what happens during technological revolutions. But I’ve never witnessed this much effort to convince the world that something so transformative is actually one giant speculative bubble destined to take the entire economy down with it. I understand why AI scares people. What I find harder to understand is why so many investors seem to be rooting for it to fail.
Short AMZN ... this is colossal mistake.
BREAKING: Amazon is blocking Grok from placing orders on its site.
Elon Musk's response: "Grok will find another way to buy stuff. I just ordered LEGO and Grok bought it from the LEGO website."
He then floated founding a company to compete with Amazon. $AMZN
The movie could never capture the crash out as perfectly as it was in real life at the time but I'm still excited at the possibility we may someday get one.
- one of the biggest crypto YouTubers
- buys his first Bitcoin in 2012
- says God spoke to him in a dream
- $40K/month from YouTube ads alone
- sues Atozy for exposing paid shills
- crypto Twitter raises $200K for Atozy’s defense
- backs down and drops the lawsuit
- gets fired from his own brand
- cites substance abuse, erratic behavior, financial issues
- livestreams himself trying to reclaim a disputed Lambo
- gets arrested on camera
- emails and harasses a judge
- 1 arrested in Florida
- 106 days in jail
- arrested again in Georgia
- charged with harassing phone calls
- doxxes Kevin O’Leary number
- gets a $2.8M defamation judgment
- doesn’t even show up in court
- nobody knows where he’s now
Ben Armstrong “Bit Boy”
"With the new plans, third-party models are still available in Cursor on Premium and above. Usage is billed separately at API list prices, through top-ups."
Thats going to be a pass for me. I almost clicked unify in cursor. The idea im going to be charged separately above and beyond my already 200/month plan when i want to switch to opus for certain tasks is a non starter.
Grok, Cursor and X used to be three separate subscriptions. Now it's one.
The $30 plan gets you what SuperGrok, Cursor Pro and X Premium+ used to cost together: $90 a month.
Mostly coding? Spend your whole allowance in Cursor. Mostly chatting or making videos? Spend it in Grok. It's one pool.
Already paying for any of them? Nothing changes for now. Keep your plan, or switch and get the unused time refunded.
$ETH telling the story right now that the local top is in. 50DMA retest failure looks like its about to complete. Unless it manages to reclaim the 50DMA today (i dont believe it will) you are going to see sideways down action for quite a while. ALTs will suffer a lot during this time.
