Live Analysis: Markets, Mining & US Inflation Data

[00:14] voice sounds hoarse, I don't know why, I'm feeling a bit off. see, I exercised for the first time a long time ago and I sound bad.

[00:30] What's up, guys, how are we doing? I think we're going live now. Okay, let's put it on Telegram, let's put it on Instagram. And we're starting off full blast! So, leave me a "Good morning" here, tell me how

[00:45] your day was, how your afternoon was, how you are, where you are, what your name is, what you're doing, and well, I 'll see if we can discuss that. I'll post it on Telegram for a moment, I'll post it on Instagram for a moment, and well, we're

[00:59] starting live now. Let's see how we start. We copy the link here and pass it on to Telegram. So, in the meantime, you can tell me how things are, how you're doing. Well, in Kazakhstan, yes, good morning. Yes, here, good

[01:11] evening. I know, I know. I know it's late, I know, I'm not here. Okay, not here. Okay, let's put this here. Okay, guys, let's put this here. Okay, guys,

[01:26] we're live, live, live. Okay, we'll on Instagram so that all of you guys who are currently blocking the

[01:42] crypto market can come. It's so boring, it's taking me a nap, huh? Not much fun, huh? We're relaxed now. I don't know, this doesn't seem like the world of cryptocurrencies. Well, it does seem like the world of Egyptian coins because it's going down, but that's all. I'm going to turn up

[01:54] okay? And if you hear me too fast, I mean, too loud, tell me that too. Also, in the Store, I mean, in today's story. Sorry, I don't even know what I'm doing in today's video, okay? In today's live stream, I'm going to try to be more relaxed

[02:08] because, well, I tend to be less relaxed than I usually am. So I'm going to try to be more relaxed because, well, because I get carried away and go full throttle. What's up? I

[02:47] Instagram crew, we're live! Check it out, check it out, check it out! Oh, come on, let's talk about things, let's see what's happening in the market. How are cryptocurrencies? Well, we're going to talk about it here with friends.

[03:01] 'm a marketer, huh? I don't know why the likes guys aren't calling me right now to sell things. Well, I don't know, to sell potatoes, I mean, second, we'll put this here, we're going to put a link. Oh, and I wanted to

[03:15] try going live. We'll put it here, take it, take it, take it, take it, okay, I'm going to do it. put it here, take it, take it, take it, take it, okay, I'm going to do it. is come here to

[03:31] come here to posts and put a link to the try that? Well, because I've never done it before, and I want to know if it's useful, being totally honest, I mean, never, ever, ever, but totally

[03:46] honest, absolutely never. So let's go Copy the link here, which is this one. We'll remove this now so it doesn't break. Now we come here to the publication and put the pin here. We're live,

[04:05] commenting on current

[04:32] Cuestas Lares, it's not like they say, unique, unparalleled, unparalleled, unparalleled. unique, unparalleled, unparalleled, unparalleled. here we put a video. You can put a video, wow, wow! Let's see, you can put it, you ca

[04:44] n't put it. Let's put it, we n't put it. Let's put it, we And I've created, publish Madrid, we open members, take a like, okay.

[05:01] this. I want to try it to see if it works. If it attracts people, it attracts users, it attracts things in general. So, now I know it does. We're here now, and first, I want to ask you all how you are. How are you spending the afternoon? How are you doing at

[05:15] this moment? We're live right now, it's 10:14 in Spain, one hour less in the Canary Islands, and we're going to see a A little bit. Well, open it up here in the background, since you can't see it: Bitcoin, Ethereum,

[05:29] look at the mining issue. Okay, let's do a general overview, as always, and I also want to look at the S&P 500, which I'll have open here. Okay. And I also want to see the inflation data and US inflation. Okay. This is what I wanted to

[05:46] open. Okay, let's leave it there and that's it. Okay, I see that everything looks good. Everything looks good. You don't say So, let's make the screen smaller now, and for now I'm not going to look at it. So, well, I hope everything is going well. I'll

[06:00] I think it looks good. Okay. Well, how are the beloved cryptocurrency markets, the Web 3.0 markets, doing today? Well, this usually is. Quite calm. We're still pretty stagnant. What

[06:16] than the data has come out... US inflation, which we'll talk about now, the news has been bad, in quotes, and what has the price done? Well, initially, Ethereum and Bitcoin both fell very sharply, down

[06:29] to $18,000. We're talking about a drop of about 2% in Bitcoin, which isn't so bad. absolutely nothing special, and it has gone back up. So, we're still the same.

[06:41] up nor down. They talk about stable, but I'm talking about stable Bitcoin. I mean, we've been at the same price since September, man, it's amazing. And if we n't moved since May. Since the May Monument was the crash, since the

[06:54] famous Luna crash, we've been at the highest we've ever been. I mean, very little, very little. divide 24 by 18, we can see that Bitcoin's volatility

[07:07] has been approximately a maximum of 33%. So, trading in these setups doesn't make much sense. Don't think that every time it goes up it goes down, because you're already wrong. So, to be fighting over 33% volatility, which is very little

[07:20] for what Bitcoin is, well, it's really very little, very, very little movement. What's happening with Ethereum? Exactly the same thing. It was more stagnant than anything. Today it had a

[07:32] ask me, because to be completely honest, I'm still and then up. I mean, they went down with the inflation data because today, as you can see, it took a huge drop since yesterday. I made a pin and then it went back

[07:47] idea why. I don't know if it's because the market reacted after the inflation data, but initially the only thing that came out is that inflation is more than why there was a rebound. In fact, let's see this news from Bolsamanía to

[08:01] see if they explain why. What's happened with this rebound? Because I honestly don't understand it. The inflation truce and the S&P 500 has lost 3,500, okay, very well, Well, basically, let's talk about inflation. Okay, let's get to the

[08:13] point. Okay, let's get serious, let's be well. I'm going to open the live stream on my phone so I can see read anything and I can't reply either. And well, I like being able to

[08:26] read you all. Okay, let's see what's here. Okay, good evening, from Cologne. Good evening. How are you all? Well, as I said, if you post things, I'll read them. So, what happened today? Okay, let's

[08:40] explain everything in a direct, simple, and calm way. Well, basically what's happening right now is that Bitcoin, and since they don't have their affect them directly, so to speak, because really, well, there's

[08:56] nothing that directly affects them right now. So, since there's nothing that directly affects them, is news from the other markets. So they move exactly the same as the rest of the markets. Right now, the correlation, that is, the relationship between

[09:09] the different markets and stock exchanges, is getting higher and higher, and we can see that when the SB500 goes up, Bitcoin goes up. When Bitcoin goes up, the C500 goes up; when the SB500 goes down, Bitcoin goes down. Well, they go hand in hand.

[09:21] moments where there's the most correlation between Bitcoin and traditional markets like the SB500, the Nasdaq, technology stocks, and, I don't know, any other stock, basically all of them. And, well, basically

[09:36] we're flat, just like the rest of the stocks. That said, normal funds would be, worth what normal stocks are. As you can see, the P500 movements for what it is. SM500 Well, from a 17% drop, it went up 15%. So that's quite a lot, okay?

[09:53] Then it went down another seven, a 13%, which is lot. Bitcoin is much more stagnant because of what's happening, and most important thing. My voice sounds terrible.

[10:06] sound like this. I don't know what happened, and my voice left me 10 minutes ago. I'm drinking improved a little. Now, yes. Now, now. Well, hello, hello. What's up? Good

[10:19] evening. Now it seems my voice has improved. Well, basically, what I was saying is, is Bitcoin so boring? Well, it's all correlated, okay? And it all comes down to the same thing. Basically, it's all boring. It's simple, it's plain, and it's not what

[10:33] want to hear some magic words: " Hey, well, this," "Hey, well, that," "Hey, well, I do n't know what." Well, this isn't it. This is boring, and it's boring, there's nothing more to it. I'm very sorry, it's boring. And That's why Bitcoin isn't moving, because

[10:47] Interest in everything is waning because the crash, they say, "Why would I invest now?" Especially not in risky assets. So, as they say around here, if there's no party, well, nothing can be done. So

[11:00] basically, the first thing that happens, which is the most important, is that as soon as interest in the stock market, in investing, in assets starts to fall,

[11:13] riskiest assets. The riskier the assets, the more interest there is. Before, there was more interest because n't give you anything. But now, if you put your money in the bank—well, But normally, they'd tell you 5%, practically 4.5%, 4%, which

[11:29] What happens when you can put your Well, why would I put it in other things?" So... People are becoming much more cautious, much more risk-averse. They don't want

[11:42] risk; they stay put, they don't take risks. And by staying put and not taking risks, what happens is that there's less and less liquidity in the are fewer and fewer people buying and selling Bitcoin, etc., etc.,

[11:56] as you can see. In fact, if we go here to the year-to-date chart... Well, it's not a good chart for volume. I'm going to open some things here to see if it looks better, even if they're a bit blurry. It's the best thing for this, for certain reasons. Now

[12:08] my face in big letters for a moment so you don't see my password for the things I have there, lest you steal the 50 cents I have there right now. And on top of that, the tax authorities come to bother you. I'm not going to do that to you; you do n't deserve it, okay? You don't deserve it. I'm

[12:21] going to do it for you, and I'm going to cover the password. So, what I'm getting at is that Byness isn't a good example because, as they removed the... They removed the fees from the Bitcoin pair. Well, it seems there aren't many. Well, there aren't

[12:34] volume than there should be considering the number of people quite a few graphs about how many are using the exchanges when using the decentralized ones, and it seems that everything is very low. Let's see

[12:48] I remember my password. Okay, now I've entered it correctly. So, I'm going to get into some stuff for a moment, oh my god, I'm fired. 24 things to enter please, I'm here, it'll only take two minutes. Let me in. Now I'm leaving, please, I won't bother you

[13:02] anymore, I won't bother you anymore, give me this code, give me the code, there, the dead, stepped on, come here, this pizza, there it is, let's go, ta ta ta ta ta ta ta ta. Okay, well, that's it, to put this smaller, I've set the camera and it's very big here, I

[13:17] the camera too big, if it's too big, you can tell me, okay, if it's too big, verification required again. Oh no, it doesn't exist, I don't need it, how annoying. Okay, so we're coming here. Now, here to markets. Okay, we're coming here to BTC.

[13:32] -known, and we're going to see something important, which is that we have this today. What's happening here? Okay, here you can see the volume. Okay, that's right, this is the problem. The volume in BTC, okay, you have it marked here, okay. This is the

[13:48] volume, okay, basically, let's see this. Which one, which one is being seen here? Let's see. Which one, which one is being seen here? Let's see. Monumental. see, this here is 900,000. This is in BTC.

[14:02] marked in BTC? I don't want the volume in BTC. I want the volume. Let's see how it's I handle all this TradingView stuff very little. How do you put Let's see. Here it is. Okay, I want the volume. Where is the volume?

[14:18] I want the volume. Where is the volume? Volume, take it, this big one, there it is, okay. want the volume in BTC, I want it in Alexa. How do I set the volume to dollars? Because here, for example, it's showing me 876,000, which is the volume in PTC, instead

[14:33] showing me 81,000, which is also BTC, obviously, since BTC is worth three times less. So, is that normal? I mean, it's normal. So let's go to settings.

[14:45] know why it's showing me that? I know about helium mining. Yes, now I'll spot trading lets me set the volume to dollars, man, because showing me, there's no way to see anything. Let's see the second volume. Here it is. Okay,

[14:59] same thing is happening. Okay, it shows me that the volume is in BTC again. Don't ask me why, but anyway, it's showing it. It's awful. How awful they are! Can't they leave the volume in... Oh my god,

[15:13] leave the volume in... Oh my god, Here it is, thanks, okay. And now I got the same chart again, which can't be edited, of course. Let's see, this edit

[15:30] data entry, but yes. But why is BTC being marked? Does anyone know why it's being marked as c? Well, never mind, let's leave this because otherwise I'll just keep fighting with volume is falling, okay, do you believe me? And that's it. Although here it shows that the

[15:43] this thing below, which is the volume, you can see that it has n't changed much. Okay, if we true that the volume is quite a bit lower than it was, and it's really lower. I remove the commissions, so it seems like there's

[15:55] volume from many algorithms buying each other, etc., etc. So, the volume itself has decreased. There's less and less interest in because the future doesn't look good. So when the future doesn't look

[16:09] interesting, well, basically people stop entering the world of... Yeah, well, it doesn't look good if everything is falling. No, if everything's going to fall, in crypto, if it falls in bonds? I'd rather it falls in a market that's,

[16:22] lose less. That's kind of what people think, right? So what's happening is that fewer and fewer people are getting into them, and with that, fewer people are And we can also see that, look, here's the volume. Here

[16:35] we can see the volume. Here we can see the generic market cap. Look here, here you can put the phone from another angle so you can see it well. Basically, here you can see cryptocurrencies. As you can see, well, Google, the first one in the first

[16:49] was alcoins, and then, well, actually, Bitcoin went down, but it was at a And here you can see the huge volume that there was in 2001, that is, in 2021/2011 The difficult thing in 2021 was that there were a lot of people involved in the

[17:03] crypto world, which is when it was at its peak. Well, so to speak, long retail, and in I didn't know there was so much volume in 2020. Compared to 2018, well, 2018 is nothing, nothing at all in comparison. And yet in 2022 it starts to go down, starts

[17:16] to go down, starts to go down, and after the Luna crash, it's ended up So, as I said, there isn't much volume right now. No, very little, and in fact, No, very little, and in fact, BTC dominance is at 39%. It hasn't

[17:29] you say Bitcoin is going up, the rest aren't going up, it's that the rest are going up, the no dominance whatsoever, not of Bitcoin, not of any other cryptocurrency, not of anyone. So, as I said, everything is quite low, and if we look outside of

[17:41] because it isn't shown. But anyway, the drop is practically the same, whether you're buying practically the same because it's getting smaller and smaller compared to other products, that's obvious. Okay, so what we were saying is that there's less and less

[17:55] buying cryptocurrencies, and that makes the chart flatter. The more people buy, the more volatility, and the more buying, the more selling. The fewer buying and selling there is, well, the more stable it will be. Okay, so right now everything is

[18:09] basically very still. Okay, what happens when the main news, the market news, which today has been about inflation. What's happened with inflation? As you know,

[18:23] lot of inflation, which technically would be good for Bitcoin because it's... I'm going to zoom in on this, I'd need a button for this, but anyway, it's an

[18:35] inflation hedge, well, you can't. In fact, look, wait, I'm going to because I think I can put an A here. Okay, let's add do something here. Let's do Control V, take it. And then here. Today, I don't

[18:51] know what I've done now. I've messed up, I've really messed up. I think I've messed up. n't know why I'm touching anything. I think it works now. Let's see

[19:09] something. Let's see if I click here. Pin gets big, no. Let's see if it changes the style. Oh, what transitions! Look at these transitions! Hey, okay, now I need to add a key. Of course, because otherwise,

[19:23] a letter on it, rename it? No, this has to be able to put a letter on it, no. Anyway, what I'm getting at is, getting back to the topic. Sorry, I'm getting carried away. Bitcoin, we put the camera on big, it's a hedge against inflation, but it

[19:38] turns out that's not true. Okay, it's not true. Bitcoin hasn't behaved at when inflation rises, it gets worse. What sense does Bitcoin make if it's that theory was that Bitcoin was a hedge against inflation, well, it's gone.

[19:52] And now what we have is that Bitcoin moves a bit like a high-risk tech stock, okay, it's like a risky asset, and all the big

[20:06] investment chains, are using it as a risky asset, which also means there are shorting it, and that complicates the movements, and it doesn't move like it used to. With all this, as I said, right now Bitcoin depends on the

[20:20] inflation data that comes out. High inflation is bad, low inflation is good, it's that simple. What happens today? The US inflation data for the last month came out, if I'm not mistaken, not the quarterly figures, but the monthly figures.

[20:32] and as we saw in the news we had here, inflation continues to plague the United States. While it wasn't this month, we're seeing it now. And in fact, he puts it here: the underlying, what's called the Core,

[20:45] underlying, what's called the Core, shoots up to 6%, which is a high of four decades. What does that mean? That inflation is around The real clouds, okay, it was expected to go down and it hasn't, it's gone up. So

[20:58] everyone thought that inflation was going to fall to 8.1% from the 8.3% it was in August. Okay, and that core inflation, which is inflation energy prices—keep in mind that in the end, energy inflation is what dictates

[21:11] the rest—but anyway, those two things happened. It was expected to go from 6.5%, sorry, it was expected to go up to 6.5% from 6.3%, meaning it was expected that the overall inflation rate would go down, but that the one excluding

[21:25] food and energy would go up a little. Anyway, despite all this, inflation is moderate at 8.2%, meaning it hasn't gone down as much as expected, and core inflation has risen to 6.6%, which means that in general

[21:37] everything is more expensive. Even if you take away gasoline and food prices, I'm going to drink water, I'm dying.

[21:49] basically what has happened is that we are not in a good situation and inflation is here to stay. What So, in simple terms, that means So, in simple terms, that means

[22:02] means that central banks are going to keep raising what they in the bank. And in that n't slowed down enough. It's already hit a

[22:17] pretty steep slowdown, and well, basically it means that we're going to grow more going to stop until something breaks. In other words, they're not going to until they see, firstly, that inflation falls, and secondly, that the economy starts to be

[22:33] economy isn't affected, why would they stop raising interest rates? What they The moment what they're doing starts to affect the economy, then they'll be able to. And as you can see here, and as I posted the

[22:47] already have, I have a main Twitter account, as you know, a crypto domain, which I have here. And I have the other one that I use for almost everything, and here you can see that I retweeted something I posted

[22:59] where I was, here's the job data in the United States, and as you can see, the job openings, that is, the vacant positions in the United States, have history, practically except in the hobby, okay? That is to say, the American economy

[23:13] is already starting to suffer a little, and yet inflation is still there. They were talking about deflation, they were talking about what notion, not what they called clear. Okay, so inflation in the

[23:26] crashed yet, it's heading towards it, but it hasn't crashed yet. Well, what happens with all that is basically that we are going to keep raising interest rates until inflation comes down,

[23:38] keep doing that, which is bad news. But has it affected Bitcoin? Well, initially it affected Bitcoin a little, just like it said, "Well, maybe now that you mention it, maybe now that you

[23:51] mention it, well, it's not that important, pin." Well, it went up 4% just like that, damn! This is quite strange that it's taken such a big hit. I don't know why it's gone up so much, and in fact, I wanted to see what they were saying here, they were saying

[24:04] double decision has caused inflation to rise. Okay, this new inflation is still higher than expected, which is what we've been saying. This maintain a more aggressive monetary policy, that is, to

[24:18] raise interest rates. Okay, the information remains high in this experts at the Titanic firm expect, well, basically, the well, basically, the interest rate will probably rise another 75 points, then

[24:32] 450, and another 50, which will end up in the long term at 4.3. That's it. It's true, however, okay. And then why has everything gone up? Can someone explain to me why tell me. Because these people haven't explained it, to be honest, and well, it would be good to

[24:46] know. Well, I don't know, I don't know why everything has gone up. I'm being honest, why has the SB500 gone up 4%? Well, it must be because, let's see, let's think about it, if and interest rates are going to rise, I already recommend that when interest rates rise,

[25:00] which will lower inflation, which will raise the economy. Big brain. No, really, honestly. mind. Right now, I don't really understand why there's been this rally, and I usually understand it, but this one, literally, right now I don't understand it. I mean, I don't understand it, it's that

[25:14] but this one, literally, right now I don't understand it. I mean, I don't understand it, it's that situation we have today. I'm going to read the comments you've been read the comments you've been leaving.

[25:34] you, I always end up... Eating my dinner here, and well, it's not bad, it's not bad, so let's see what else I wanted to comment on. Oh no, I bit of what you're writing, we'll comment a little, and well, that's it. We'll

[25:48] continue here looking at things. So let's go from here. How's it going? Greetings and work to buy one. I imagine it's an ASIC. So yes. Things are tough. Yes, very tough. Hello from the Canary Islands. Good evening. We've

[26:01] the voice sound a bit better? Hello crypto. Good evening. What do you think of...? I think it's one of the few that's going up. Don't ask me because I honestly don't know it. There's a guy on Twitter who's dedicated to "cilear," which means selling something just to sell a

[26:16] lot. This one is from Cuant, but I do n't know it at all. I think you already mentioned it in another live stream, and yes, it's true that it's taking off. Why? I remember. We've already opened this up in some live stream. From Future final today a

[26:29] Looking at the Power of Blockchain Every what these guys do in Power Internet, well yes they help finance institutions, find partners and this, we already saw this, I remember. I digital currency, yes, well, I don't know, these

[26:44] old ones from 2018 if I'm not mistaken. Yes, well, coming out in the Green Market, it's a real hit. This I do see, a real hit, from 13 to 36, crazy, it doesn't matter, in any case, no, I don't know it, I don't have any possible valuation in the end, what

[26:57] crash but nothing, do you think it will go up in the end? And it seems that they are going to rescue it, it's not clear, the truth is, but it's also as I said in the video, it does explode or not, as you can see today it has gone up 6%. Why? Well,

[27:11] who knows, because people are doing strange things, I imagine, and most likely they want to go up, nothing will happen to it in the very short term, that is, they are in bad shape but most likely they will raise money. Well, what I'm getting at is that they are going to go to the

[27:23] owners. Okay, people who have the means to say, "Hey, you can put up two or three a transfer of 3 billion to a Swiss bank, but I do selling things that aren't what they seem, and I don't think that's related. I wouldn't touch that stuff

[27:37] with a ten-foot pole. Well, it would be good at the tax office level. You're doing the right thing. Hi Pedro, do profitable, and right now it doesn't even exist. They're going to move to the Solana network. So, well, I think it's the most interesting thing, Pedro. Is there any

[27:50] could seriously take over? Well, I don't know what to tell you. Technically, Flux, n't know how much it's dropped today. I mean, it would be very

[28:02] replace it like that. Flux is a good cryptocurrency, but of course, for it to replace it... Well, we'll have to see. No, Cardano hasn't been mentioned, neither by me nor anyone else. I think Cardano was dead.

[28:15] first time I bought Cardano it was at 30 cents. I bought it here, not here, here, here. I bought it for 34 cents and look, it's all gone down again. Everything it had gone up is insane how much Cardano has dropped, and so spectacularly. In fact, you can

[28:32] see the volume, I think it looks good. I mean, the volume has gone from 6 or 7 billion in the past, to 11 or 15 billion. Right now, Cardano's volume is nothing, 400 million, I mean, 30 times

[28:48] less. It's crazy, it's crazy. There's nobody there, there's nobody there because it's difficult. Pedro, Coinex has suspended Conflux deposits and the wallet is under maintenance. Is that normal? Do you know anything? I don't use Coinex, so I

[29:00] have no idea. I don't know if it's normal. I don't know what's wrong with it, I really have no idea. I can't tell you. I wish I could. What did he say? Let's see, the long- information about Helium. There are many of us who own Hoffos and few

[29:14] Helium. Thanks and regards. Well, basically, Helium is going to be transferred to the understand, and to all of you who have hotspots, screw you, they've told you to get lost, to be perfectly honest. And frankly, I don't know, I'm not a big fan of it or what they've done. It's not that I don't

[29:29] sense. The only thing that was special about it was precisely that it had its own network, much, like I said, I don't see it either. Today I spoke with a guy who has one from Elim, and well, I do n't see any interest in it, to be honest. What I

[29:42] think is that there are ups understood, I have 4,900. Wow, 5,000 euros in no time, huh? And you have to be prepared.

[29:58] Well, let me tell you if 4,000 euros or 1,000 euros in is a good or bad investment idea, and you're asking me, friends? A YouTuber? Well, obviously bad at some point. It's likely to go up

[30:12] that's going to happen, I have no idea. It's also likely to go down before then. To what extent? I can't tell you that either. I have no idea where Cardano is going. I don't know anything about Cardano, I don't watch the Hey, this news about Cardano came out, it's incredible, what's up?"

[30:26] totally honest, I don't know much about Cardano. Well, it's difficult for me to tell you, to put it simply, but what do you think of b3x? Until a couple n't know what it is, but keep in mind that if they give you 200, it's all inflation. Alex,

[30:43] the bills! You think, ergo, okay? Yes, I wanted to talk about the mining, okay, for those of you who like mining, and then we'll continue a bit with the news about mining, okay? And I want to comment on something, like, it

[30:56] took a small hit from 190 to five and now it's back down to 2.32, it's normal, I bought the rumor, sold the news, and there was merch, well, they've Mine, okay? What to Mind, which you know is what tells us how much to earn or what's

[31:10] also look at Harris. No, because Harris is also paying right now, sometimes is also paying right now, sometimes the prices are better, or let's see, here it is. Okay, basically, if we're going to gamble, in my case, since I don't pay for electricity, how much am I

[31:24] generating right now with a 360? Nothing, I'm generating 30 cents with Meocoin, which isn't even on CoinMarket. Caption: mine, Coin, look at mine, Cohen, this one is more random. Let's see, Meocoin, Cohen, it's not there, it doesn't exist, it doesn't appear, so you can see

[31:38] idea of ​​how small that cryptocurrency is. But anyway, Miucoin, what does it How much volume does it have? 286,000. Well, there's more volume, I'm not going to lie. 30 cents. Well, what a crazy thing, what a crazy thing Miucoin is doing, what a crazy thing! And

[31:53] is doing, what a crazy thing! And then we have a little more. Rayo, right now I'm looking at Vertcoin, I think I'm looking at it, looking, of course, I 'm looking. Then, if I'm not mistaken, I 'm not 100% sure, but I'm looking at it a bit, let's

[32:06] see. Hey, where is Autolicos here? This is Ergo, I'm looking at it, and well, nothing. Ergo was giving quite a bit because, well, compared to the rest, obviously, because the difficulty of Ergo dropped quite a bit because, you know, something

[32:20] think I already mentioned this in the last live stream. But the difficulty was well, it's working now, it's changing, it's quite stable, the truth is, the issue of

[32:32] stable, that's a good thing, well, bad thing, because everyone is with the stable now, it's a bad thing. News, but the difficulty is very stable. In fact, Flux, you can see, is super stable, neither going up nor down. Then

[32:45] Classic difficulty, which is also important because that's where most miners are right now in terms of capacity, and we can see that in the last month, well, yes, it has stayed at two, okay, it's around 1.90, it's super stable.

[32:58] A Classic is necessary, and then the... It will be interesting. We also have to be quite stable as far as I know, okay, it went up, then down, then up again, and now it's very stable. One very interesting thing about

[33:13] true, is the difficulty of being a chicken of difficulty, therefore, we've already mentioned the Ravencoin difficulty, which is the one we were missing. One very interesting thing about GPU mining right now, although it may seem silly, at least from my point of view, is that the

[33:28] the case of Ravencoin, but in general cases it's quite flat. What I mean by this is that when you calculate how much you're looking at in Bitcoin with miners, you have to keep in mind that the difficulty in Bitcoin almost

[33:42] always goes up. In fact, if we look at the BTC hash rate, we can see that Bitcoin's hard tick is say, it's something that obviously grows because it's very profitable. Let's call a spade a spade. see that this graph is like, "pim pim pim." Well, it's just hit its biggest jump

[33:55] since who knows when. Why? Because the miners' prices have dropped a lot. So, well, it's had a crazy, truly insane surge. Okay, it's gone up a lot. And that means there's a lot of interest in BTC. However, mining all

[34:10] these other cryptocurrencies—I don't know, MIU, Consil, Euvic, all of them—right now there's n't be good, that has to be bad." Well, actually, in because it means that what you're generating, according to What to Mind, is

[34:27] if you calculate that right now, to give an example, well, I'm disgrace of a currency. But, well, let's put Bitcoin, okay, or see Coin, or Borrego, let's put Reming, because I think it's the highest of the known ones, is

[34:41] giving you 21 cents right now. Well, you can calculate that in a year, if things continue as they are, it's very likely that it will give you the same amount. That is to say, it would be price of the coin drops, which is possible. But it would be strange if it ended up being much

[34:55] less because the difficulty is stable. That is to say, everyone who is watching or donating or not watching, but there are no more people entering, so the the profitability quite predictable right now. Of course, you'll say, "

[35:09] say with Raven, that I don't even pay for electricity." Of course, you do pay for electricity, so... Well, we're making that up, but I buy the 360 ​​for 250, which is the price of the year, okay, in any case, and it's taking me almost three

[35:23] years to recover the investment, which is three years and 26 days. That's crazy, it's almost 40%. Not 3 divided by 3 years is... 30% 28%. Man, it's great, of course. But why? One, you don't pay for electricity. Two, you got

[35:37] cheap you wouldn't believe it. You wouldn't believe it yourself, because, well, I don't know how much 360s are on Wallapop right now, but I'd say they're but I'd say they're selling them for 350, 400, at the very lowest 300. Wow, 300? They've gone down, they

[35:51] keep going down, they're going down more and more. Well, look, there are plenty of 300s, 380s, 360s. Look, there are quite a few 300s, and as I said, what is true is that right now it's difficult to generate less, it's difficult to

[36:07] generate less than you are generating, so if you don't pay for electricity, well... Hey, it's true that it's not the same as before. Well, yes, before, and well, before it was... Hey, it's not like it's going to take me three years to recover, but I have to take into

[36:19] account the increase in difficulty, the increase in this, if the price goes down, if I do they're all... They generate practically the same amount, everything is quite stable, they're stayed, and when one comes out that gives more, it's around 0.30, and of course, that's to be

[36:33] expected. I mean, right now, if you have solar panels and you want to start mining any of these, well, to be perfectly give an example, not Ravencoin, because it's a disgrace in the end, even if you don't pay for

[36:47] abnormal amount of electricity. So let's take something, okay? In any case, it uses less electricity. Energo, I'm using 140 kilowatts on a 360, so 0.140 multiplied by 24 means

[37:00] that I'm getting 3.3 per day. I'm using 3.3 kilowatts. If you don't pay for electricity, that would be 0.21. What I'm getting divided by 3.36, we said, means I'm being paid 0.6 per kilowatt. It's a disgrace, okay? It's a disgrace. They pay you more, and you

[37:13] pay more and then you feed it back into the grid. So the problem right now grid. What happens to people who have a lot of solar panels? If consume, you break even, but they don't pay you, okay? Because you know that. And

[37:26] want to get a second-hand GPU, it's not a bad deal, really. It's not a now, second-hand. For those kinds of people, it's a good deal. And well, I'm going to going to make about the future possibilities of GPU mining because,

[37:40] cases have been reduced. Obviously, I don't want to lie to anyone. If you pay 0.20, if you lie to anyone. If you pay 0.20, if you pay 0.15, there's disaster, I'm being honest. Okay, let's put it here, 0.10. You can see that you

[37:54] think even if you pay 0.80 you lose money. Right now, everything is a hey, within what's there, within what's lost, within what's not more, there are things that give less, and no, it's not the same for everyone. It's not the same

[38:08] if you pay, and well, like I said, 0.8, you also lose, I'm amazed, what madness! If you pay 0.6, with 0.6 I imagine you'll already earn something with some, damn, you only win with two or three, huh? What a misfortune, my god, you need to have electricity

[38:21] below 0.6, it 's incredible, it's incredible! The 4090 came out in 2020 at 2200 euros, compared to the 490, the 4090 that came out now... well, I don't even

[38:33] n't think they're even used for mining because they're very powerful, they use a lot of here, these people say that what gives the most is Neoxas, here it says that what's people. Let's also see what the 360 ​​and the HR say gives, according to them, 25

[38:48] cents and then the double mined ones, which of course without paying. No, if not paying, well, without paying for electricity, the double eliminated ones send you packing. Let's see, 0.04 in the end, take out nothing. No profit, 0.9 with Neoxsa, it has a lot of electricity, I don't like it.

[39:02] Let's say the purchase, they look at 250, let's put it at 250. How much, how much is the ROI? 2000 days, my god, 6 years, what a disgrace, really, what a disgrace, that's like 15% annually. It's in the stock market, literally. It's for that, for that I'd get

[39:15] into the S&P 500, what are you telling me, Pedro? So, how do you see the mining situation? Very ugly. If you want to see the case of value miners, well,

[39:30] the chain one, of course, the chain one, this one, this one is pure magic, this one makes 56 euros a day, 65 it was making at one point, 78 then it went down and right now it's stable, there are around 60, like 23,000 a year Wow, this is crazy! This one is truly

[39:44] insane, but aside from that one, which is the only one that's somewhat profitable, if we're talking about the famous ones and the mini one I had here, it's generating nothing. It's generating 86 cents a day, $300 a year.

[39:56] Look, if it were reasonably priced, it wouldn't be bad if you did expensive than hell and on top of that you have to pay for the video and everything, it doesn't make made the video about them talking about this and that, but to give you an example, there was

[40:10] a guy I sold my mini one to. Since I had it here, the something about a miner he has, and so on. Okay, well, if you but I'm not going to sell it to you for €1,000, that doesn't make sense. So I

[40:23] sold it to this person for €750, which in dollars right now is... which in dollars right now is... Where is the euro/dollar exchange rate? Let's Which means 750 divided by 0.98, 750 multiplied by 0.98, and that

[40:40] means it cost him $735. This gentleman will be generating $ This gentleman will be generating $ 0.86 per day, so it will take him around 854 days to recover his investment, at the current price. And as I said,

[40:54] you might say, "Pedro, what madness is that? I mean, that's two and a third years!" Well, yes, it's two and a third years, it's that simple. This person is earning $307 a year divided by what it cost him, which is $730. He's getting a 42%

[41:08] annual return. This person is doing very well, that's the way it is. And that's price, because I think it could be interesting for him. And you're Pedro, but you a chicken that doesn't generate anything if you pay for electricity, which generally doesn't generate anything and wo

[41:21] long run. Well, this is where I mention, as before, that it depends on the case. This person doesn't pay for electricity. Okay, so by not paying for electricity, cents a day from a cryptocurrency that can also increase in value, of course, here

[41:35] windfall, right? And the idea is that in any case, by not paying for electricity, he's making 86 cents more than if he bought directly on an exchange. That's the idea. So what happens? Does he recover his investment in two years? Is it

[41:48] a good idea? Isn't it a good idea? Well, from my point of view, I think that personal opinion, if you don't want to, you can say so in the comments—if it's a good as we've shown it, okay, I'm talking about mining, it would be a Classic,

[42:02] I'm not talking about anything special, the difficulty of Zero in class is super stable, okay, since what happened last month. Why? Because it's not profitable. So, since it's not profitable, it would be very strange if he made a

[42:14] profitable. So then he's going to earn much more, but in a situation where it's recovering his investment in two years, which is more than a... 30% annually in that case, well, that's lasts you three years, one of these little ones, no problem, comes with a

[42:29] coming out, and you'll say, "Pedro, but then why didn't you mine?" Well, because I don't pay like he does, I pay 0.04, which isn't much, okay? It's not much, but it's not the same. So if I have 0.04,

[42:43] I'm only generating 228 a year. So that makes it, instead of... well, it's practically a third less. So instead of being two and a prefer to sell it and with that money buy some cryptocurrencies, and

[42:57] then with that I do something else. Okay, like cryptocurrency purchases, and with another better for me to sell it. But for him, who does receive the difference, it's 72 dollars, which does n't seem like much, but something worth 700 euros, in this case,

[43:10] 10%. Well, I think it's working out well for him. As I said, mining is becoming a niche market for people who pay little for electricity. But there are still interested, especially considering the stable taxes. And as you can see, the

[43:22] quite stable, to be honest. But it has to be that you don't pay for electricity, because, as you can see, I was paying 0.4, and I did n't think it was good at that price. at 750, to give you an idea, which is the same price you pay,

[43:36] earned and what I paid for electricity, it would take me three years and 20 minutes. Look, it's not has. He has two years and a bit, which is quite short, really. So, as I said, it's not the same, and there are still people who might be interested. It's profitable,

[43:50] of course, not for everyone, and certainly not for people who pay for electricity. But, well, what can you do? It's important thing, as I said, if you calculate right now with any graphics card,

[44:03] how do you see the price per kilowatt, which is the most important thing? The efficiency is very low. Okay, chickens are a bit higher because, to think, a chicken consumes 240 watts, which means we would have to divide. Let's see. This is 0.240, which is what it

[44:15] multiplied by 24 hours, this means it 's consuming 5.76 kilowatts. So, if we divide 0.66 by 5.76, we get that the kilowatt...

[44:27] where my camera is, and I'm paying it, putting it at 0.15. Okay, so you'd be amazed, putting it at 0.15. Okay, so you'd be amazed, 0.15 is crazy, really, and it's still

[44:40] to the graphics card, it's at 0.06. So this is quite good if you have motherboards and something like that, but with the graphics cards that are currently at 0.06, it's very, very low, very, very low, very low. Personally Now

[44:53] take one of the boxes I have myself because I don't pay electricity, the best thing, of course, is to get things that are more efficient if they the price isn't what I'm talking about, it's a thousand dollars. So, well, this guy

[45:06] talked to me because I was talking to him about another miner and we mentioned it to me, and I said, "Well, if I'm going to sell it to someone, I'll sell it to you, right?" And I gave it to him normally, well, it's not worth it. I think the Jazzminer has that. It comes out to 0.21 per

[45:19] kilowatt because it's even more efficient, but it's very expensive. It's the Jazzminer, you don't give you an idea, the Jazzminer, I think, is 5,000 euros. Something that generates one euro a day or something like that is a disgrace. Something that doesn't

[45:37] This is crazy. It's crazy, I guess. However efficient you want it to be, this has to be worth at least half, I mean, at least it's worth it, but the cheapest one sells for 4,500, what are you talking about, man? That's

[45:49] crazy! 4,500 euros is absolutely insane, seriously. They're totally crazy, totally crazy. And this is going to drop in price the moment it drops adapt to the price, it was more interesting, but right now, well, it's not

[46:01] graphics cards, like I said, we depend a bit on some cool things have come out, but there's not much. I did want to South American miner said, and I want to see what Golem is. What is Golem? Well, apparently,

[46:16] Golem is a network where you can mine or compute, as they say here, and earn money. So, let's go here where Lermol says, and it says you need computing power. Golem Network is an accessible network, etc., etc., where you

[46:31] can connect and basically sell the resources you're not using. sell the resources you're not using. So if you come, where is it? So if you come, where is it? Here's the tutorial. Let's see. This doesn't really

[46:45] look right to me, huh? Okay, here's the Provider. Oh my god, you need Ubuntu, oh my god. Well, you have to put it in a specific location. But basically, you can location. But basically, you can put your computer up for use so

[46:57] that people can use it. Okay. And that's how you put it to mine for other people. Basically, people who want it will rent your computer. Okay, like I said, I saw how Providers works, it's basically in tokens. Well,

[47:11] leaving your computer on the network is very similar to mining. Okay, basically, that's the good thing. You put it there and look, it's that simple. Look, for other using it for, I don't know exactly what. For payments,

[47:26] but there are several platforms that are starting to look at that style, which work like this, but not only for things. Say, "Hey, the computing power is being used for rendering, for

[47:38] other things." In the end, a product like this will come out that will be much more profitable and mining will be Currently, as things stand, it's not more profitable. Look at Golem itself; the token exploded in 2018, then dropped, and now it's risen again. But it's

[47:51] not exactly a groundbreaking project. As you can see, it's at 117, not a huge deal. So, as I said, it's not massive, but it does seem to offer some relief to mining, given the current situation.

[48:07] stagnant, and Ethereum, after a whole month, seems to be in a pretty whole month, seems to be in a pretty stagnant situation, which I to buy. But like I said, I don't make investment recommendations. I'm not telling you to

[48:21] am personally accumulating some Zen now that I've earned some money, and I've also managed to save for my wedding. We have money, we have a wedding this year, guys! We have a voice, we have a voice! I've managed to save the

[48:33] necessary amount for the wedding, so we have a wedding. And then, since I for an apartment. But before I have enough for the apartment, I'd have to do something, damn it, 30,000 euros. Well, no, I don't have 30,000 euros. And obviously, I

[48:47] obviously... well, for now I have to look into this seriously. I'm going to get seriously into have to look into this seriously. I'm going to get seriously into something, at least 'm a BNB fanboy and it always seems like I have too little. I want

[49:00] more BMWs. The hacked BNB guy, Pedro, but what is he saying? That's crazy, I know, but I like it, I like it, I ca n't contain myself, I like BNB. The bald guy from MLB is a crack, and I like it, I like it. I kiss that bald head. So, well, I want more BMWs. Well, that's a

[49:14] I'm going to accumulate Ethereum, I'm going to accumulate BNB, probably. Eh, Solana, that much because it has things I don't like, and well, I'll wait for You know that what we're doing here is surviving during the bull market

[49:28] bull market. But in the bull market, when will everything arrive? The world's and well, I'm personally going to be here doing know we'll be opening the host soon. And well, you know I don't know how to

[49:44] said, things are very calm, things haven't moved much. It's a perfect period to invest little by little. I'm not I'm going to do little by little, dollar by dollar, you know, every month put in

[49:56] a certain amount, seriously, put in a certain amount of stuff, put in a certain amount, etc., etc. And well, it'll be done when we have everything. So, I'm going to go have dinner. I know it was a quick live stream, but I'm telling you,

[50:09] from now on I'm going to try to be as strict as possible with the live streams. I'm going to do a live stream every Thursday, and I'm not going to be all about whether it's one Thursday no, one Thursday more or less, one Thursday at one time, one

[50:22] Thursday at another time, every Thursday. At 10 pm or 9 pm, I still have to decide. I'm going to go live. But before I do, I wanted to tell you two important things. One, I'm going to put up a poll: what do you prefer? Oh, my

[50:35] phone's gone, sorry. Okay, I've got the leopard, sorry. Let's see, what do you the leopard, sorry. Let's see, what do you prefer? The live streams

[50:47] talking, okay? Or at 10 pm Spanish time? Okay, that's about 6 hours later in Latin America, so you have an idea, it's more or less 6 hours later. Okay,

[51:00] sorry, I'm going to pick up my phone because it fell, it took I'm going to pick up my phone because it fell, it took a tumble. Oh my god, oh my god, you're

[51:13] going to tell you, oh my god, you're not going to believe what I'm going to say. Today I did, first time, in three or six months, exercise, and it seems silly because I'm so skinny. Everyone

[51:27] sees me and says, "He's in shape." I only went running, so of course, always going for runs, the the body, which I really like. I mean, okay, but I did one of which I used to do in MMA, but it's been ages since I've done anything and my

[51:40] legs hurt, man. And I've been there for half an hour jumping around, acting like a fool. Oh my god, I used to do 500 and 300 pull-ups. Well, I used to be pretty wreck. Okay, let's talk about the schedules, what do you prefer? Okay, I see you

[51:52] prefer 9 and 10, practically the same. yet. I think, I don't know if you'll be able to see it. It's just that I do n't know how this works, but I've

[52:06] added a small membership category. Okay, I 'm thinking, I can add benefits to that category so people will want to join, but let's see where it is. Let's see if it shows up. Look, I've called it

[52:18] Cafecito Boys, which costs 0.99. Okay, that's one euro. So instead of setting the membership fee at five euros, which is the... I've added what I normally had, I don't honest. I think if the membership fee is 0.99, I should get 0.2 because on

[52:34] the five-euro fee I get one euro and 33 cents. I mean, I don't know what's going on with I think I'd rather go to the purple platform because, come on, if you feel like helping the channel, you know you have it here. I'm going to see

[52:47] add the newsletter to this one, I'm going to add things to make it cool. But anyway, if you want to support the channel, you have it there. And that's all. Just commenting because I just added it, in general,

[52:59] going to add, I don't know, what I'm showing now. Okay, yes, thank you very much for course, everything. Yes, I will always give you my greatest love, whether you're here or not, whether you contribute 50. If you put in 200 cents, charge me for being here. I hope that wouldn't

[53:12] thank you so much for being here. I had a great time on the see, my throat is really tight, I don't know why. Anyway, I could go on a little longer. I hope you gave it a ton of likes, because that's

[53:25] free and it would be a big help. So, give it a like next video, which should be tomorrow. I have n't recorded it yet because I'm a total edited, it's going to be slightly edited. But anyway, see you

[53:39] tomorrow. And here, let's see where it is, because I'm not going to leave here.