Algod

Even after the typo i made i will still frame this

Maybe its time for crypto to catch up with stonks

@CryptoZPunisher @ridges_ai Ridges was a joke since the start and has been miss marketed My ass it would beat SOTA’s at fraction of the cost

Bittensor >> $TAO >> $dTAO Subnet 62: Ridges @ridges_ai Grand promises, nice speeches, the original founder gone off the radar, and that strange curse tied to Latent… the mix is bitter. I sincerely hope smaller holders managed to limit the damage, because the drop doesn’t seem to be over. And this doesn’t apply to just one case, other subnets are also suffering from a real lack of communication. Ridges, for example, is losing trust a little more each day. Let this be a lesson for every team: you can deliver the best product, but you never really know what’s happening behind the scenes. When something shines too brightly, it’s often a red flag. I hope for the holders’ sake that this project will rebound, but I fear a massive whale exodus that could trigger a snowball effect.Stay vigilant. Sometimes it’s better to cut off a hand than lose an arm.

@freedom_monk @CryptoZPunisher @SiamKidd @markjeffrey It doesn’t correct it and there is a difference between using protocol liquidity or having a 3rd party build on top of it

@CryptoZPunisher @SiamKidd @AlgodTrading @markjeffrey one rationale is that once a subnet and or tao become large enough, other providers will start creating short pools anyways, might aswell keep it and use it as a correcting mechnism for bad behavior ON the network

Bittensor I might have missed something that’s getting a lot of attention right now. Everyone is talking about “shorting” subnets… Explain it to me like I’m 15 👀 @AlgodTrading @markjeffrey @SiamKidd

@snakedozy I did all in my power to fix

@AlgodTrading Maybe they will fix

A lot of people have been asking regarding $fai As long they wont fix their communication i wont be able to publicly support it, i still hold my tokens but not pleased with how they treat the community Community is one of the most important aspects of their own vision, i’m beyond disappointed that no effort can be done on this front

@0xUnihax0r I know the founder for 5 years and my first entry was at $180m lol

@AlgodTrading You've put 15% of your networth into a 12m mc in which team didn't tweet for months?

I invested 15% of my net worth in this, of course betting big can still go wrong I misjudged and lost, happens

I haven’t sold as i think would be morally incorrect to tweet and then sell, i’ll ride the ship down to zero if i have to Lets hope they fix their shit internally and realise you can’t treat your investors/holders like this

@ttexashedge Good, although for freysa i sadly enough have to pull back my support

@AlgodTrading hows tao and freysa doing

If you’re still buying l1’s/l2’s at billion dollar + fdv’s with virtually no development you deserve to lose your money

10-20% circ supply, hundreds of millions/billions waiting to be dumped Who will absorb it?

@toly Its a naive thesis still, in the west there is simply no way once most jobs are automated we will start working for shithole countries

Stop worrying about AI, you should be more worried about lack of AI. We really need to 10x human global productivity at 95%+ employment to satisfy demand for global consumers who just want the same quality of life as a median American today. AI alone isn’t going to get us there, even at the current most optimistic projections.

@SiamKidd @CryptoZPunisher @markjeffrey It wont even fix the bad apples

Shorting is something that is being spearheaded by Fish and Const seems to like it. But it's a terribly thought out knee jerk reaction to try and fix 2 or 3 bad apples. But will create a plethora of issues and problems for every other subnet. Basically shorters will be able to effectively borrow TAO out of the pool in order to short and drive price down and if done hard enough, get it to be deregged. But all it's going to do is give even more power to big whales. If a negative whale doesn't like you or your subnet, bonk! All of a sudden, a subnet owner will be diverting attention away from building to defending. And if one thinks that this shorting mechanism isn't going to be used against genuine teams, they're myopic as hell. Also this won't even be able to short to dereg subnets like SN29 as they have so much of their own alpha. But it will enough dodgy subnet owners to short their own subnets and extract. Also shorting will create a stampede of TAO outflow from smaller subnets into root. We'll see a sharp dTAO bear market until the dust settles. And this stampede out will actually help the shorters. And people like me who own a bunch of slots will sell other non-connected subnets in order to have a bag of TAO ready to defend my subnets from any shorting attack. DTAO doesn't need anymore complexity. And shorting will scare away even more institutional money from flowing into subnets. People don't see the same answers I always get from big money looking at TAO. Typical answer is: "Yes Bittensor is definitely on our radar and we'd like to invest. But it all seems a little chaotic at the moment and so we are waiting for things to stabilise a bit..." Shorting will only delay bigger money from entering. And it's deep, long horizoned money that we all desperately need in dTAO.

@kai_xbt @notthreadguy Idk, i’m retarded and still outperform Simplify investment thesis and buy when everyone is crying, works all the time

Top 0.0001% Polymarket trader says you shouldn't trade markets unless your IQ is 130+ "If you're really really smart, you can find edge everywhere. If you're average IQ just buy S&P. What's the cutoff? I think you need probably 130+ IQ to extend beyond just buying the index."

@markjeffrey Many robberies, be safe

@markjeffrey Take your chain vest

One month from now - at the Louvre. Be there or be a croissant.

@pratyushbuddiga @Codie_Sanchez And will be wiped out by literally 1 update of a frontier lab lmao

@Codie_Sanchez ? Every multistage VC made bets in this category over the last 2 years.

One of the most overlooked AI opportunities in the next 24 months is voice agents for boring businesses. Every HVAC, plumbing, and pest control company in America is sending calls to voicemail after 5pm. One AI voice agent fixes it overnight. Most owners have never even heard of this technology, yet alone know how to implement it. The person who packages this up and sells it to 500 of them is going to be very rich...very quietly.

@elchuo160 @toly Thats such a fucking stupid reply Feels like something a BLM/feminist support would say

I don't really like talking about political topics, but only those who have experienced socialism firsthand should have the right to express an opinion. A real-life example is that the first time I left my country, I saw that it is normal to be able to buy dollars, save, and use your money to buy whatever you want, without restrictions.

Happy international workers day to all except the idlers, the parasites, the crooked bureaucrats, and those environmental PowerPoint pushers, the total losers who produce NOTHING, zero economic value, yet live like fat-cat capitalists off your labor, doing everything they can to destroy our economic surplus but are failing badly.

@FacetSir No money on earth would ever make me wear those pants

@AlgodTrading if we hit 100b will you put a pair of big pants on?

We have anthropic and openAi about to trade at 1 trillion united state dollars You genuinely think a decentralised alternative like $tao cant go to tens of billions just based on this? Don’t overthink, trust the pump

@markjeffrey @const_reborn The very least is that he should have a public debate with me/people can vote on this There are multiple attack vectors depending on the implementations

@AlgodTrading @const_reborn I agree with @AlgodTrading on this and hope @const_reborn reconsiders. Shorting is too dangerous to bake into the chain. Same goes for chain-level lending (see: Thorchain Lend).

Shorting should not be added on the protocol level @const_reborn In reality what happens is you give a way for malicious owners to expedite dereg, low ADR subnets with majority of supply being controlled by owner makes it also attractive to still abuse taoflow and squeeze whoever tries to short it Not to mention investors will get downside as the protocol borrows out the v2 pool liquidity This is stupid