873 Photos and videos
After 125 days kaspa:native appears to have established a bottom after an extended downtrend. The longer it can hold this structure, the more likely this becomes re-accumulation. Compressing into the daily and weekly trends
When markets are weak, they break support.
When markets are strong, they build bases on support.
so far kaspa:native is doing the latter.
2
2
42
964
KAS it’s for people who want a second chance at buying bitcoin in 2017
Jun 9
ETH is dead
BTC is so slow
SOL is filled with scammers
XRP is for old people
2
1
10
266
Codes𐤊 retweeted
Jun 9
since many (~4) asked me about the zcash bug - - - earlier this year I had this convo with a zcash core dev:
zk: it's weird that kaspa is pruning past records
me: why does it need to keep 'em?
zk: the whole point of ledgers is to prove correctness of all state transitions
me: the whole point of ledgers is to provide focal points for the consensus state
zk: the whole point...
me: hmm then why did you come work in zcash? you know the Sprout->Sapling counterfeiting bug
zk: Turnstile guarantees that the counterfeit could have been very limited
me: true but you still cannot prove or even reason about correct state transitions besides the total supply cap
zk: that's actually a good point
----
the most hardcore cryptography coin is shifting away from correctness proofs to practical-enough proofs. I believe this is a step in the right practical direction, yet the paradigm shift should not go unnoticed - -cryptography is giving way to consensus.
if you came to zcash for cryptographic integrity, reconsider. there are many good reasons to root for zcash prospering. zcash is serving a more important role than bitcoin, whose utility for the original mission is by now blurry. cryptographic integrity is/should not be one of those reasons.
----
BTW the bug should definitely have been exploited. I don't know the personal values of Taylor Hornby, and I shouldn't be required to make the effort to learn them. I only know that if I found such an exploit, it wouldn't take me more than a few minutes to tempt myself into printing a longint amount of ZEC and deciding later what to do with it.
I wouldn't necessarily use it to exit the pool immediately and corrupt the supply, I'd wait to see if some portion of the broken pool does not seem to migrate on time (probably lost funds), in which case I would not think twice before claiming the funds myself.
you could argue that no harm done, and you might be right, but then again you are here -- in zcash / in crypto -- for its consensus dynamics, the ability to coordinate interests and convictions across different trust zones around some shared asset; not for some pristine mathematical integrity.
55
275
889
29,872
Codes𐤊 retweeted
26 Oct 2023
From the official @Bitcoin account tweeting about $KAS founders’ work to Vitalik using Ghost Protocol in $ETH, to Charles Hoskinson of $ADA talking about them on @lexfridman podcast, #Kaspa is built different
Like all roads in Europe lead to Rome. Most of crypto leads to $KAS
12
125
419
95,663
Codes𐤊 retweeted
Kaspa Toccata mainnet process update:
Today we plan to publish the v1.3.0 mainnet pre-release, without activation, for 1–2 days of broader network sanity testing.
Assuming everything looks good, the following release will be v2.0.0, with activation planned for June 30, 4 weeks from today
72
464
1,426
116,944
If you've been wondering why my analysis, positioning, trades etc haven't been on the timeline....
It's because they're in the Cookbook
It's free. Sign up.
Jun 1
New COOKBOOK edition out now:
Magus - The cascade I'm waiting to buy
Doc - Bull curious
Charlie - 3 alts I'm actually watching
Stoic - Still have the upper hand
Mercury - Letting winner run, leaving laggard alone
read below 👇
6
2
48
5,231
Codes𐤊 retweeted
May 31
yoyoyoooo trade review time
trying something new - recorded a few vids for @TheParagonGrp over the weekend so I figured I'd make a quick one for you guys as well
linking the momentum loss setup post I had made a few months ago because that is super relevant to understanding some of the trades in this video
if you like this kind of content then I would strongly urge you to take advantage of the limited discount they are offering to join the group, this is really just the tip of the iceberg in terms of all the edu and information that is available in there and you get to learn it from people who are way more qualified than me
hope you all had a great weekend <3
Mar 1
Wasn't really looking to post more trades but big moves in the market today and I think I can spin this into a semi decent lesson so feels like it's worth yapping about a bit (ngl I wanted to play RE9 today but you don't get to choose when vol spikes and it's already 2am lol, c'est la vie)
Let's talk about momentum loss - probably one of the more important setups to master these days because it's one of the more reoccurring opportunities we get
With some practice and screen time you should be able to spot it happening pretty quickly without drawing out the range but I find that for beginners it's really helpful to have a clear line in the sand for you to trade around
It's worth noting that not every pattern will look this clean so at some point you'll have to apply a bit of discretion and your read on flow to decide if your thesis is invalidating if/when price dips beneath the range
------
Next post will likely be breaking down some of the trades I took over the past week, got a few questions about my execution and I think that could be a fun yap
Side note: someone plz tell me if the writing is hard to read bc of the color contrast, I can just do white on black for simplicity sake but I do like a little pizazz (ty doc for the spelling, i must be illterate bc i was having a stroke trynna figure it out)
14
7
112
4,485
Big happy b day to @nellyeeee a great guy and a great trader. Legend in the making
May 30
happy birthday to the best trader in the world @nellyeeee we love you very, very, very, very, very much indeed
1
7
426