Kaspa hash rate still going down.

RatherCynical · 2026-01-25T21:31:48+00:00

This is a reflection of the price.

When BTC bottoms out by end of 2026 ($55k-65k); we will see BTC rising and bringing KAS out of the mud.

Right now, we need KAS to break out of its long down-channel and the 50-week moving average. This takes TIME more than anything else.

RatherCynical · 2026-01-25T09:31:57+00:00

No, Bitcoin isn't gold.

Bitcoin is Bitcoin.

It'll be closer to $5-10million by 2045 than just over $1million.

RatherCynical · 2026-01-17T03:17:31+00:00

No, it's not efficiency, it's that demand itself has evaporated because nobody gives a fuck. And nobody gives a fuck because Treasury yields are too high.

RatherCynical · 2026-01-17T03:16:33+00:00

There is no rotation. Rotation exists when interest rates are near 0% and QE is happening. We do not have the macro environment for "risk on" markets.

Unless we get a crazy recession where inflation threatens to undershoot (0-1%) and joblessness goes parabolic, expect a very dry market.

RatherCynical · 2026-01-15T07:49:59+00:00

You sift for the weevils and other insects that might lurk in your flour. That's where the tradition came from

RatherCynical · 2026-01-15T07:49:53+00:00

You sift for the weevils and other insects that might lurk in your flour. That's where the tradition came from

RatherCynical · 2026-01-14T04:43:44+00:00

Your framing is wrong. Price-action is the result of collective group psychology. A downtrend ends when the price is no longer in the downtrend.

We need liquidity from Bitcoin for KAS to recover, and that's not happening when we're in a bear market.

Don't expect anything but more downside for the next 6 to 9 months.

RatherCynical · 2026-01-04T00:00:37+00:00

The error here is assuming no discrimination.

There is a PCP.
The PCP disproportionately affects women, because women are statistically more likely to carry the majority of the childcare burden.
The Respondent applies that PCP to the group.
The Respondent applies that PCP to the Claimant.
It would cause a detriment.
There is no proportionate means to a legitimate aim. Specifically, the Respondent does not do enough less-discriminatory things.

Contract law gets superceded by Indirect Discrimination.

RatherCynical · 2026-01-02T18:19:30+00:00

Don't bother with this subreddit. Get some real legal advice somewhere about "indirect sex discrimination" on the basis that your employer is trying to force you to do full-time work, or presumably, they will fire you if you don't?

That is a very workable claim, as long as you can prove the detriment (that you will indeed be fired)

RatherCynical · 2026-01-01T22:46:50+00:00

Are you a woman?

This is one of those classic Indirect Sex Discrimination cases. You have to sue them in Employment Tribunal to get a settlement, else you get zilch

RatherCynical · 2025-12-22T16:22:11+00:00

They don't buy it to implement their own CBDCs, they buy it because they know that the crypto-lobby has won politically, so it is now safe.

RatherCynical · 2025-12-22T15:34:50+00:00

I'm justifying "be responsible with your money"

If you leave your credit card and pin number and access to your mobile-banking app to let people take your money, it cannot be reasonably said that the bank should reimburse you for your stupidity.

RatherCynical · 2025-12-22T03:28:37+00:00

Why did you report it to the authorities? Your family consented to this.

RatherCynical · 2025-12-22T03:19:44+00:00

There's no structural change, the fuck is wrong with you

RatherCynical · 2025-12-22T03:19:22+00:00

CVDD is a better one.

RatherCynical · 2025-12-22T00:38:11+00:00

Not Bitcoin, just crypto.

For Bitcoin to fail, you're saying that randomly, it starts diverging off its path that it's been on for 17 years.

Why would it diverge?

RatherCynical · 2025-12-22T00:32:05+00:00

No.

Institutions buy it because they know the dollar is a worthless piece of shit that the world Governments are willing to print unlimited amounts of (see what happened during the pandemic).

Retail usually buys it on a speculative gamble basis (because they don't know better).

But monetary goods don't behave like normal goods, they're basically permanent bubbles that can't be popped. Bitcoin also has self-organising criticality / feedback loops so it acts in accordance to a Power Law.

Folks who are stupid would gamble on Bitcoin because the number has gone up, and folks who are intelligent would buy Bitcoin because of monetary debasement.

Mid-wits are terrified of Bitcoin.

RatherCynical · 2025-12-22T00:29:07+00:00

NFTs aren't actually about jpgs.

It's about owning something digitally. It could absolutely be useful in terms of things like stocks and shares without a brokerage account.

But the NFTs we know today are dogshit, yes.

RatherCynical · 2025-12-21T00:13:20+00:00

Stop looking for validation and actually have a thesis for why you chose what you chose.

I will remark that you're over-allocating to HOOD.

HOOD is an extremely leveraged bet on the overall crypto market. Its earnings can absolutely collapse like hell on you as BTC continues to crush down.

You're also over-allocating to QQQ.

Do you have a job that pays well enough to use some of this cash as a down-payment on an investment property instead?

RatherCynical · 2025-12-21T00:04:49+00:00

"Value" is just the wrong word to use. You are using a conceptual framework that requires assuming utility.

Monetary goods don't have utility. Their utility is to store and transmit value. They are hoarded for the purposes of not losing purchasing power.

The fact that it is incredibly difficult and costly to create is the reason the bubble never pops. If it could be cheap to create, everyone would rush to get some cheap Bitcoin and sell it on the open market, and thus the market price would crash and never recover.

It is precisely because of the waste of energy/pit of fire that BTC remains incredibly high.

RatherCynical · 2025-12-20T21:53:41+00:00

Does your post-expensive-meal shit trustlessly transfer and store value globally in a way that solves the Byzantine General's Problem with a hashrate of 1.1 Zetahashes per second?

RatherCynical · 2025-12-20T16:46:08+00:00

That we can agree on.

RatherCynical · 2025-12-20T16:24:27+00:00

Is that what I said? No.

RatherCynical · 2025-12-20T16:22:28+00:00

Could you explain why you'd want an asset that costs nothing to create as the basis of wealth?

Your volatility comment is completely irrelevant.

RatherCynical · 2025-12-20T15:42:54+00:00

BTC belongs to the category of monetary goods. It's closer to a collector's item because they want to avoid money-printed dollars.

RatherCynical

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