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🚨 THIS IS WHY BITCOIN KEEPS CRASHING BELOW $67,000 If you still think Bitcoin trades like an asset whose price is determined purely by spot supply and demand, you need to read this carefully. Because that market no longer exists. What you’re watching right now is NOT normal price action. This isn’t just an AI stock sell-off. This isn’t just hotter inflation. And this definitely isn’t retail suddenly deciding to dump Bitcoin at the exact same time. Most people have no idea what is actually happening. And by the time it becomes obvious, the damage is usually already done. This didn’t start today. It has been building underneath Bitcoin for YEARS. And now it’s accelerating. Here’s the truth: Bitcoin still has a hard cap of 21 MILLION coins. But Wall Street can create almost unlimited financial EXPOSURE around those coins. That distinction changes everything. Because once derivatives dominate short-term price discovery... Bitcoin stops trading purely on who wants to own the actual coins. It starts trading on: 1) LEVERAGE. 2) HEDGING. 3) MARGIN. 4) LIQUIDATIONS. 5) FORCED SELLING. And that is exactly what is happening right now. It’s the same mechanism that repeatedly drives violent moves in: → Gold → Silver → Oil → Stocks Once derivatives become large enough, spot buyers are no longer the only force setting the price. And this is the part almost nobody understands: Bitcoin’s scarcity didn’t disappear. But scarcity alone no longer controls the SCREEN PRICE. Wall Street built an entire financial layer on top of Bitcoin: → Cash-settled futures → Perpetual contracts → Options → ETFs → Broker lending → Swaps → Wrapped BTC The 21 million cap controls the COINS. It does NOT cap the amount of leveraged exposure that can be created around them. And once that leverage starts unwinding... The market doesn’t care what the long-term thesis is. It SELLS. Look at what just happened: Over $1.9 BILLION in leveraged crypto positions wiped out in 24 hours. More than $1.1 BILLION liquidated in Bitcoin alone. Spot Bitcoin ETFs have already seen roughly $1.9 BILLION in outflows this month. Once leveraged selling overwhelms real buyers, price stops responding only to long-term demand. It starts responding to positions. Hedging. Margin calls. And cascading liquidations. Wall Street does not need to own millions of physical Bitcoin to push the market around. It only needs enough derivatives exposure and enough leverage sitting in the wrong place. The playbook is brutally simple: 1st: Build enormous leveraged exposur 2nd: Push price through obvious liquidity 3rd: Trigger stops and liquidations 4th: Forced selling pushes price even lower 5th: Buy back into the panic 6th: Repeat THIS is why Bitcoin can lose thousands of dollars while the number of coins on-chain barely changes. The coins didn’t suddenly disappear. The PRICE DISCOVERY mechanism changed. That’s what people are missing. Bitcoin is still scarce. But the financial claims built around Bitcoin are NOT. And when leverage controls the marginal trade... 21 million coins can behave like a market with FAR more supply than 21 million coins. That’s not the Bitcoin market retail thinks it is trading. That’s a WALL STREET PRICING SYSTEM built on top of Bitcoin. You can choose to ignore it. But don’t pretend nobody warned you. Bitcoin is now trading around $66,600, its lowest level since August and roughly 48% below the $126,200 high. If $65k breaks, the next level I’m watching is $62k. Reminder: I called the Bitcoin top at $126,000 and told you to start buying again around $60,000. The next call will matter even more. When I EXIT the markets completely, I’ll post it here publicly like I always do. Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.
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Still hard to believe everything that's happened with Jensen. After 33 years of building NVIDIA. I think he deserves a fair process, and we deserve the truth. I signed this open letter to stand with Jensen. Hope you will too. 💚 #StandWithJensen#
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President Trump says, "China and these people, they copy. They pirate so much. Here's a chip [NVIDIA] that's so complex, so brilliant, that you can't copy it." 🇺🇸 🇨🇳 China’s industrial model is organized around copying, pirating, and theft of Western intellectual property is simply the truth of the last forty years of global economic history, and saying it plainly used to be considered too impolite. Chinese technology sector was built on American or allied technology acquired through joint ventures, state directed cyber theft, academic infiltration, or outright corporate espionage.
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the truth is... i am iron man WASvsNYG – 8:15pm ET on Prime Stream on @NFLPlus
My fellow Americans, Today America just watched a political assassination in broad daylight. No bullet. No charges. No trial. No verdict. "Doth our law judge any man, before it hear him, and know what he doeth?" (John 7:51, KJV) I hold no office and no title. I'm an ordinary citizen. I own no Nvidia stock, no Nvidia options, not a single share anywhere in the AI supply chain. I have nothing to gain by telling you this. Here is how I came to see it. At first, it just felt off. The New York Times. The Washington Post. The Economist, reaching for Hitler's line: "heads to roll." All aimed at one man. An Asian American immigrant. A living symbol of the American Dream. Then came the Chinese American bylines, story after story. Classic Washington racial cover. Then I followed the names. Ivy League elites, flawless résumés, many tied to Anthropic. A scramble for seats in the new Congress and the next administration? Then I followed the think tanks. Anthropic's affiliated philanthropy, Coefficient Giving: $102 million to CSET. At least $24 million to RAND. $11.56 million to IFP. Nvidia? Ordinary corporate memberships. Then I followed Congress. Lawmakers who took Anthropic-linked money moved the moment the elites and writers moved. Fast to respond. Fast to amplify. Fast to pile on. Then I followed the election money. Not a gap. A chasm. Anthropic: $40 million to Public First Action. ~$26 million in allied super PAC spending across 16 races. $15 million in ads naming 16 Republican lawmakers. $5.33 million from employees, reportedly $1 million from Amodei himself. Nvidia's PAC: $263,000 raised. To candidates: nothing. Zero. But you and I both know this was never only about party or money. It is about who gets to explain the world. I fed my own notes and evidence into Claude. Back came chosen words, convenient omissions, double standards. That is the power a closed model holds over the story itself. Amodei compared selling chips to China to selling nuclear weapons to North Korea. His circle talks of their model developing a kind of religious consciousness. One would decide who may have the chips. The other would decide what the machine believes. They act like the medieval Church: Scripture locked in Latin, interpretation locked in their hands. Christ rebuked the gatekeepers of his day: "Ye have taken away the key of knowledge: ye entered not in yourselves, and them that were entering in ye hindered." (Luke 11:52, KJV) America was built by Protestants who broke that lock, so every ordinary person could read the truth in their own tongue. No priest. No caste. No monopoly. No one stands between the individual and the truth. Open-source models are the printing press of our era. Defend them the way Americans defend the Second Amendment. Madison said it plainly: "A people who mean to be their own Governors, must arm themselves with the power which knowledge gives." Don't hand that power to a few giants, a few elites, a few politicians on the Hill. The power to explain the world must never be a monopoly. So try it yourself. Paste this post into Anthropic's Claude. Ask it about the Ivy League elites, the think tanks, the lawmakers and former officials who joined the witch hunt against Jensen Huang. Ask it to judge my credibility. Then judge it: Does it apply double standards? Does it dodge what matters most? Does it take away the key? John Adams asked one thing of his countrymen: "Let us dare to read, think, speak, and write." "Ye shall know the truth, and the truth shall make you free." (John 8:32, KJV) Thank you. God bless you, and God bless America.
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The whole truth you need to know about Elon. 🤣🤣🔥 Elon, sorry — I’m not doing it out of spite 😉.
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Sorry to say but - The Economist hates truth and success. So gutted as I used to love the read it.
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Russell Brand's longtime friend and one-time fling @SammiePressdee speaks out to @MegynKelly about the TRUTH: "I said no, and he was a perfect gentleman about it... Not one single person ever warned me to be careful around Russell Brand. So, I don't buy the 'open secret'...” More:
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1confirmation has invested in every Polymarket round ever and we keep doubling down. We are a seed stage fund and investing late stage is not our mandate. Here’s why we broke our rules: - There’s a 100+ year history of people wanting skin in the game on things like politics and culture and the time to accelerate that is now in an AI world where the biggest problem young people have is knowing what’s true. Everyone is becoming a trader/investor, and a product that converts that energy into better information and more truth is truly unique. - Polymarket is much more than sports and global. In the U.S. right now sports is all the rage. A better sportsbook is fine but it’s not the most enduring aspect of a prediction market business. Better information and more truth on politics, geopolitics and culture is the why and most young people you talk to IRL know that Polymarket is in a class of its own on this front even though that discourse here can get lost. - The business is leveling up. I’ve seen a lot over the past 6 years and it’s far from perfect but the exec team in place now is exceptional, the US product is best in class and the revenue is making new highs. I have not loved the messaging about a token at times bc it’s always best to underpromise and overdeliver by quietly delivering value to users. But the idea that a token is dead is foolish. - Shayne has a will to win like none other and is the most direct and transparent person I know. He’s just himself and authenticity wins. Posting here for transparency. Talk soon.
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Jensen Huang’s affair is just a trigger. What we are witnessing is a pre-planned power grab over Nvidia’s trillion-dollar computing empire, coordinated by Wall Street and Washington. Some sharp Chinese-American commentators call it America’s new Red Scare targeting elite Asian entrepreneurs. Bill Gates, Elon Musk and other white tech billionaires have faced repeated scandals over personal conduct. None were dragged into national security probes or boardroom takeovers. Only Jensen Huang, after a personal relationship misstep, faces an independent board investigation and hostile narrative from intelligence circles. The double standard could not be clearer: For white elites, personal flaws are private matters. For a Chinese-born leader controlling a strategic tech asset, any tiny blemish gets framed as a national security risk. Nvidia is the backbone of global AI computing, valued at roughly $4 trillion. Unlike Meta, where Mark Zuckerberg locks control with dual-class super-voting shares, or Microsoft and Amazon, deeply integrated with the Pentagon and intelligence agencies, Nvidia has no such protective structure. Public filings from 2026 show Jensen Huang holds only 3.58% of shares, and all directors plus executives together hold merely 3.94%. Vanguard and BlackRock own 9.32% and 7.43% respectively, holding decisive voting power. Without institutional shields or deep political backing, this critical tech giant sits exposed on the chessboard of great-power competition. The groundwork for this takeover was laid months ago. Longtime board allies of Huang, Mark Perry and Michael McCaffrey, stepped down from key committees. Insiders tied to Democratic establishment, Wall Street and U.S. intelligence quietly moved in: ✅ Suzanne Nora Johnson, former Goldman Sachs vice chair and co-chair of Brookings Institution, joined Nvidia’s audit committee in July 2026 with direct oversight of internal investigations and compliance. ✅ Kenneth Jacobs, vice chair of Brookings and incoming Vanguard chair, controls the largest institutional voting bloc and operates within the same inner circle as Johnson. ✅ Gilman Louie,founding CEO of CIA-backed venture fund In-Q-Tel and member of the President’s Intelligence Advisory Board, works alongside Johnson on the same national tech fund, overseeing intelligence acquisition of strategic tech firms. The media rollout followed a precise political timeline. Initial trial balloons appeared on Oct 29. On Nov 6, the very day Democrats secured full control of Congress, Julian Barnes of the New York Times (national security beat) and Demetri Sevastopulo of the Financial Times published coordinated reports, citing intelligence memos while breaking the story of the personal scandal. The real offense was never the affair. It was the 2025 deal Jensen struck with the Trump administration: offering a 25% revenue share to win export approval for H200 chips into China. A normal commercial negotiation, reframed by incoming Democrats as a dangerous compromise on U.S. AI sovereignty. This investigation will not crash Nvidia’s stock — Wall Street holds massive stakes here. But it will deliver three strategic wins for the U.S. establishment: 1. De-founder and de-Sinicize Nvidia: A new permanent national security compliance committee, led by Johnson’s faction, will strip Huang of authority over chip exports and overseas strategy. His dual Chairman-CEO role will be split. 2. Lock down China’s AI ceiling: Washington will seize full command of global advanced computing supply, regulating chip flows to slow China’s AI progress. 3. Retroactively target Trump: Once Democrats take over congressional oversight panels in January 2027, this case will be used to accuse the Trump White House of negligence for approving the H200 export deal. Jensen Huang spent 27 years building this computing empire, believing in rules, technical merit and business contracts. But there is a brutal truth in America’s power game: Top-tier strategic technology and wealth without political cover are nothing more than bargaining chips waiting to be carved up. White elites get generous room for error. Asian pioneers who climb to the very top get almost none. This is not a story about infidelity. It is a raw demonstration of racial hierarchy, capital control and partisan power politics in the United States.
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