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01:50:03
gonna have good fun I mean like wait
01:50:08
till good fun happens if I'd like it
01:50:09
then you could be like yeah it's doing
01:50:11
your lows mm-hm
01:50:13
you mean a real event or there's people
01:50:16
don't need a reason to dump I mean this
01:50:18
[ __ ] pumps and dumps on its own just
01:50:20
because that's how the market works it
01:50:22
doesn't need a good reason but you know
01:50:24
we did a good 40 percent drop on China
01:50:26
ban we've done 40 percent drops for
01:50:28
other reasons
01:50:29
we're gonna keep doing them so why not
01:50:33
buy one of those went up by a 40% drop
01:50:36
why do you got to buy a hundred sixty
01:50:38
percent pump you know in a bear market
01:50:42
you don't really want to get marginal on
01:50:44
in a bear market you kind of want to
01:50:47
wait for the trend to resume to buy the
01:50:50
top and just wait and you'll get a new
01:50:51
to all-time high all the time
01:50:53
oh cool can't lose mm-hmm unless you're
01:50:56
ever likely to actually so I'll timing
01:51:01
it like fourth of April if it turned out
01:51:05
the 50 and the 200-day moving average
01:51:07
they cross on the 4th of April this year
01:51:14
ok well what I know right now is on the
01:51:17
daily chart which is when the 5200 DMA
01:51:20
is measured that the price of the 200
01:51:23
moving average I believe is like forty
01:51:26
one dollars and four cents and the price
01:51:28
of the 50-day moving average is $41 in
01:51:30
two cents again were maybe two moving
01:51:33
averages that's the difference yeah
01:51:34
might use an EMA I'm using an SMA yeah
01:51:38
so I mean it feels to me like we should
01:51:42
cross tomorrow but I didn't really brute
01:51:44
force the math I mean we're three cents
01:51:46
away and the current price is a good
01:51:49
deal over the 50 and the 300 so it is it
01:51:52
would if we only moved
01:51:54
if we move less than three cents and a
01:51:56
dad would be like damn I really thought
01:51:59
that would have crossed but sure it is
01:52:00
possible I mean I could do the math it's
01:52:02
just hard math okay
01:52:07
I think feeling the momentum coming to a
01:52:10
close how about you know no matter what
01:52:13
I'm looking at her viewers yours is
01:52:15
going up okay I'm going up okay okay
01:52:18
yeah like I'll talk for hours on a care
01:52:21
man let's talk about anything
01:52:22
let's see some chat questions yeah
01:52:27
what's the best strategy for the average
01:52:29
person claiming hex I think we've
01:52:30
covered that claims as early as you can
01:52:33
and stake as long as you're comfortable
01:52:34
as my Pistons let's take as long as you
01:52:37
can
01:52:37
what's the shortest steak time it could
01:52:40
be a day could be seven days
01:52:42
it's up to me it's good it's kind of up
01:52:45
to me so right now seven days the
01:52:48
testing on daily period code is going on
01:52:52
now seems to be fine and then it's up to
01:52:55
me I think I have I haven't decided yet
01:53:00
I have to decide how much I want to risk
01:53:03
hurting the network for letting people
01:53:07
stay curlier I think that I'm gonna let
01:53:11
daily be the way I think because I think
01:53:15
the network can take it and I think
01:53:17
smart people are gonna stick longer
01:53:19
anyway
01:53:19
and so really it's just going to allow
01:53:21
people to start their stakes earlier
01:53:22
without having to feel like they got
01:53:24
cheated you know by having to wait for
01:53:27
like oh just ticked so let's get in
01:53:29
right before the tick you know the next
01:53:30
tick means this my contract will run
01:53:34
that function once a day people opening
01:53:40
and closing stakes and performing
01:53:42
interactions with the contract cause
01:53:45
those logs to be written once a day if
01:53:48
no one runs them then the next guy that
01:53:52
runs them has to backfill all the days
01:53:53
they missed mm-hmm so it's the contract
01:53:59
doesn't do anything unless it's asked to
01:54:01
because that's how our chain works so
01:54:04
when people do things then the code
01:54:08
performs computation mm-hmm so there is
01:54:12
there isn't actually any computer
01:54:15
anywhere doing anything for you it's
01:54:18
only done when you do it when you pay
01:54:21
your money to run the code that you want
01:54:23
then those operations are performed
01:54:26
there isn't any other central entity
01:54:31
that can change anything or do anything
01:54:33
it's all it's a peer-to-peer trust
01:54:36
initiated and that's what you pay your
01:54:38
own guests fees and all the rest of it
01:54:39
yeah that's also nice because it's you
01:54:43
know pretty obviously not a security
01:54:45
you're running your own code on
01:54:48
computers that you paid to run that on
01:54:51
what do I have to do with that nothing
01:54:54
no so this also means that when you
01:54:57
deploy this smart contract its then
01:55:00
autonomous right it's yeah can't be
01:55:02
changed all right can't be changed can't
01:55:05
be edited can't be rolled back I mean I
01:55:09
guess in theory you could like roll back
01:55:10
the blockchain but just once and
01:55:13
aetherium ever likely maybe you know I
01:55:16
think it's having once and Bitcoin like
01:55:20
it's not very common mm-hmm
01:55:25
I'd know the question there which was oh
01:55:27
yeah this was something I was going to
01:55:29
advise my viewers to do but now you're
01:55:31
here I'll ask you when we so I get my
01:55:36
ledger
Hardware
wall out and things to
01:55:38
Elektra I'm gonna sign the message you
01:55:39
know yeah including my etherium address
01:55:41
that I want my hex coins to come to
01:55:42
because it's an EOC honey yep most
01:55:47
people will have their Bitcoin spread
01:55:49
across multiple addresses yep so what I
01:55:51
was gonna suggest people do prior to the
01:55:52
snapshot is basically send all their
01:55:54
coins to themselves but send them all to
01:55:56
the same address so they have to make
01:55:57
one claim you could do that so you're
01:55:59
doing is you're trading privacy for
01:56:02
convenience so if you claim each Bitcoin
01:56:06
address to a new aetherium address
01:56:07
you're just as anonymous as you were
01:56:09
before if you want it to be more
01:56:12
convenient you can just consolidate all
01:56:13
your coins
01:56:14
right I'm thinking about him they're
01:56:16
both the average crypto user that it's
01:56:18
gonna be complicated enough for them
01:56:19
sure yeah we send all your coins to one
01:56:22
address and then just claim loan address
01:56:24
it's easy yeah he usually just people's
01:56:27
affiliate links use the referral links I
01:56:29
think there's a referral link in your
01:56:30
video there should be one mm-hmm
01:56:32
if you click his referral link he's
01:56:35
gonna make 20% on the claim he's a nice
01:56:37
guy he educated you about it it's not
01:56:39
gonna cost you anything right it's not
01:56:41
gonna come out of your stack you're
01:56:42
still gonna get paid in full so if you
01:56:45
want to make referral links you can make
01:56:47
them too and then you can make 20% on
01:56:49
other people's claims like it's it's
01:56:51
nice so with that with that referral
01:56:53
program we're all competing for a
01:56:56
greater share of the rewards are they
01:57:00
both the inflation
01:57:02
because it's know he's gonna flake coin
01:57:05
inflates to pay the refer but he'll be
01:57:08
on three point six nine percent he know
01:57:10
it pays twenty percent referral so if
01:57:12
someone claims using your link the
01:57:15
currency inflates twenty percent to pay
01:57:17
you and then it pays them in full mm-hmm
01:57:21
so and then does there's an origin
01:57:25
address that gets paid a copy of bonuses
01:57:27
so it does get a copy of referral it
01:57:29
does get a copy of all the bonuses it
01:57:33
doesn't get anything on interest unless
01:57:36
it like earns it but doesn't get
01:57:39
anything on any interest that you make
01:57:41
and it doesn't get anything on base
01:57:43
claims the matter of fact the organizers
01:57:46
kids pay the less the more people the
01:57:47
claim as a percentage which is fine
01:57:51
because the US dollar price from new
01:57:53
users will would exceed the amount of
01:57:56
decreased value it got as a percentage
01:57:59
though this whole game is about
01:58:01
onboarding users if you want a high
01:58:03
market cap you want to keep it you need
01:58:05
users so the end of month one they asked
01:58:09
their launch we don't know what this
01:58:12
circulating supply is gonna be or even
01:58:13
the supply is going to be it's a
01:58:16
function of how many people claimed how
01:58:18
many of those people were referred how
01:58:20
many of those people were hit with whale
01:58:22
penalties how many of those people
01:58:26
claimed in the beginning of that phase
01:58:28
because the speed bonus is larger if you
01:58:30
claim first day or first week you get
01:58:32
twenty percent speed bonus you know the
01:58:37
supply is higher the more bonuses that
01:58:40
get given hand it get handed out and
01:58:42
that's the reward the people that got in
01:58:43
early is is some serious game theory
01:58:49
anyway easily yeah it's complex meant
01:58:51
like it's it's so complex that I don't
01:58:57
think anyone could completely understand
01:58:58
it you but you don't need to completely
01:59:00
understand that you just need to get the
01:59:01
overtones you're like earlier better yes
01:59:04
stake longer better yes okay that's all
01:59:08
you really need to know therefore people
01:59:10
better yep okay that's what you really
01:59:13
need to know right
01:59:14
better for everybody as well pretty much
01:59:17
yeah like it's it's great I mean the
01:59:22
only people that lose or you know the
01:59:24
people that didn't refer people or the
01:59:25
people that didn't stick well [ __ ] those
01:59:27
guys
01:59:30
okay right if you didn't have any
01:59:32
Bitcoin alright you don't get free stuff
01:59:34
oh well bye bye it from some people that
01:59:37
did get the free stuff maybe we'll give
01:59:39
you okay deal you don't you don't
01:59:40
absolutely need any Bitcoin either do
01:59:42
you cuz it no someone someone in Lagos
01:59:45
in Africa could just get the referral
01:59:47
link and end it that way yep where you
01:59:49
can justify it and market so I don't
01:59:52
even up some doing it let me just have
01:59:54
that mobile phone with a theory in
01:59:56
wallet
never ever have honed any Bitcoin
01:59:58
before you refer people and you yes
02:00:01
correct
02:00:02
right also you know I opened up on this
02:00:07
rebrand from Bitcoin tax to just hacks
02:00:09
which is a vastly superior brand Bitcoin
02:00:11
as a brand actually sucks to commodity
02:00:14
terms that mean nothing compound word
02:00:17
Bitcoin let's look at the most
02:00:21
profitable companies in the world let's
02:00:23
look at the highest market cat companies
02:00:26
Apple does Apple sell apples
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