When life gives you lemons... Start a 0.04eth to 2eth challenge.
That's my realized loss on the @SteadyStackNFT Titan I purchased 6months ago. In which time the house of cards subsequently collapsed.
Hope these guys see the inside of a prison cell once the dust settles.
No AI here just a hard working human with a passion that bleeds deep!! Sent these customs out this AM and I cannot wait to see these in the wild! Here's a look of the process! Absolutely love @GeezOnApe ! MORE PLEASE ! Let's get @RidazLp2 a pair 💥Still buzzing ! LFG 🔥🔥🔥🔥🔥🔥
We created an interactive Kaspa Hashrate Visualizer using static data from the network’s genesis block to the present day. You can access it via the link in the tweet below.
Rather than plotting all known hashrate measurements, which can include a lot of noise, we aggregated the data into weekly intervals and used the median value for each week. The median metric filters out transient dips caused by large miners briefly going offline due to routine downtimes, keeping the noisiness minimal and better highlighting the remarkable stability in the longterm growth trajectory of the Kaspa network’s hashrate.
All data was sourced from the Kaspa REST‑API server, and megahashes per second (MH/s) were chosen as the unit of measure (one MH/s = one million hashes per second) for optimal compatibility with the data visualization software used.
Over the past month, Kaspa quietly achieved something for the first time that it was not expected to achieve until years into the future.
This report delves into exactly what happened and explains what it could signify.
🧵 1/16
here's some hopium and a change of perspective for you on the macro front
in jan 2022, US inflation (CPI) was 7.5% and the fed funds rate was 0-0.25%.
for jan 2025, it was 3% and the fed funds rate is 4.25-4.5%.
i cannot explain how many magnitudes things are "less worse" now than they were in 2022. in 2022 you had sky rocketing inflation + fears of a weak economy leaving the fed no choice but to raise rates and further hurt the economy and then they kinda got bailed out by the big AI boom.
the DIFFERENCE here is with rates at 4.25-4.5% and inflation remaining manageable while payrolls trend lower is that the Fed has a massive cushion to use monetary policy if they NEED to.
this doesn't mean up only, but imo it does mean any perceived "floor" for stocks is materially higher now than it was 3 years ago.
i think a lot of people on CT STILL have PTSD from the 2022-23 era but i personally am not of the belief things are going to get as bad as that from a macro perspective; i view this market as similar to the 2018-2019 period when things would just move aggressively with all of trump's shenanigans but most dips were worth buying and we ended quite a bit higher prior to the covid drop.
re crypto in the 2022-23 period, you had a mammoth amount of bad news and blow ups; 3ac, luna/terra, ftx then the following SEC clampdown and scrutiny which completely stifled the market and caused massive underperformance in 2023 despite stocks turning with AI narrative.
this time round, we've seen a crypto "crash" (i mean it's only a crash in alts and memes, barely even in btc) amid a slew of extremely positive headlines for the industry. i think the biggest problem on a retail level is there has been a shit load of crime and extraction which is probably created a big dent in the average degen's account while at the same time the typical impatience of CT has come over-expectant on SBR newsflow while pairing it with large amounts of leverage causing crazy liquidations across the board.
things are definitely down bad and obviously we would have been in a much better position if we all sold more risk in jan..but we are where we are and personally had it not been for $TRUMP i def would have taken more risk off but given how much money people made on that i really felt like i had to be risk on, as did many, and we got suckered by extractors.
anyways reverting back to the first couple of paragraphs, as things stand i really really don't think this is nearly as bad as 2022, i think it will take time to clean up positioning, consolidate and rebound, the 3-6 month chop idea remains...but personally i still believe this is gonna be a really good spot to buy if you have capital and patience.
remember, u are never gonna catch the lows, but that doesn't necessitate that your entry level will be unprofitable over an extended period of time.
good luck.
$KAS holding up absolutely phenomenally so far.
May be the strongest performer in the market. Eyes on these levels still, the rest of this week is crucial times.
@piovincenzo_ Kaspa - It's competing to be the global decentralized digital money solution, as the most optimal electronic P2P cash system
It doesn't need to be more complicated then that
$KAS @binance mining reward distribution pushed back to “before” March 6th while wallet number 4 (prev known as number 5) stacks 45 million Kaspa in one day.
This wallets DCA is around .13. If it is Binance, my guess is the delay is in order to stack Kaspa cheap and bring their average cost down while becoming a top holder. It makes sense to list kaspa spot in more bullish conditions as well.
Coincidence or not?
The thesis is simple.
Kaspa is competing to be the global decentralized digital money solution, as the most optimal electronic P2P cash system, the way Satoshi envisioned.
If there is ever a $KAS post of mine to pay attention to it is this one.
To start: please listen to my exerpt 52:50-56:10 from the shared recorded space below for context
Ref 1: My conversation with https://t.co/kUZ6oomeDS the leading stable coin swap protocol on $ETH. I saw on X that they launched on $Hype EVM on day 1 (literally in hours). I asked how it was done so quickly and my suspicions were correct. EVM compatibility allows an $ETH application to launch on a new network in days or less. This will be the case once Kaspa EVM launches. There will be a bridge for liquidity that locks and prints a wrapped version on Kaspa as such in my Hyperliquid example: https://t.co/cIoLXDphKD
Ref 2: @Igra_Labs referencing how this works on the Kaspa EVM they are building. They expand to say the support will be all virtual machines: EVM, Solana VM, Move, Wasm. Essentially 95% of all SC applications build on any chain will be able to port over quickly to Kaspa.
Ref 3: @Igra_Labs is launching testnet end of Q1 and mainnet a few months later.
TLDR: Kaspa smart contracts are coming this summer and it will only take leading Ethereum and Solana apps days to port over and launch on Kaspa. Apps will swarm over and users from solana and ethereum will be able to experience Kaspa and realize its trilemma solving properties:
- 100% uptime
- no failed tx's
- by far the lowest fee's in crypto
- Sub second finality
- Leading Nakamoto Coefficient decentralization
- POW 51% BFT security
There is no reason that in time, everyone won't come to Kaspa... it is the ultimate L1 sequencer.
& Kaspa will not give them a single reason to leave.
The new world of finance and trust will be built.
CC: @jack@cz_binance@fgthiel@Grayscale@saylor