bitcoinisle
1K posts

bitcoinisle
@bitcoinisle
Trustless | Permissionless | Immutable
Offshore Katılım Ocak 2014
60 Takip Edilen101 Takipçiler

Any news as to why $VVV is MOONING this am? @AskVenice about to break a market cap of $1,000,000,000!!!!!!

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@gekko_eth @AskVenice How about trusting history instead of intuition & your analysis, which lacks context - you don't know who is staking.
Remember these are the guys who pump VVV into the ITO then RUGGED the entire community from $23 to $3 in 4 days then to $1 over the next few months.
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With $VVV climbing back toward its all-time high, the intuitive call is that insiders and vesting recipients are cashing out into it. So instead of guessing, I pulled all 186 of @AskVenice's vesting wallets on-chain.
The conclusion isn't what you'd expect... 😏
🧵👇🏻

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@MerlijnTrader Just looked at the futures.
Damn! They're FOMOing at the mouth.
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i have a buddy who ran up $1K to $200K during covid, blew his port twice since then. he's now up $2.7M trading stocks in the last 3-6 months. i've talked to people recently who don't know what a market cap is or do any research about stocks they buy and just use AI to pick stocks to trade for them and they're up 100% on their portfolio this year.
dumb money is coming to crypto soon and the last time this happened it lead to dogecoin hitting $88 billion+ market cap.
be on the lookout for substantially higher ceilings for memecoins once again and bitcoin starting to rally as people take profits from stocks and rotate. screenshot this because i know i'm right on this one
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@CharizardSol69 You do know that Ethereum is building privacy across $ETH (ERC-5564, ZK/FHE) as we chat, why will people need $ZEC?
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@buddythedog2020 @ErikVoorhees DIEM is minted by locking staked VVV => sVVV, which earn staking rewards and gives you a perpetual $1 for AI services. But to be honest I haven't looked at the code so I'm not sure about the precise details of the mechanism.
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@bitcoinisle @ErikVoorhees I think it's a bonding curve and they can control the diem supply since it's a liability for the company. If they continue to scale 38k diem wouldn't be enough I don't think
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When $VVV launched, supply was 100m @ 14% inflation
Today, supply is 80m @ 6.25% inflation
Further cuts on June 1, and July 1 will bring inflation down to roughly 3.75%
Venice@AskVenice
VVV emissions reduced from 6M to 5M tokens per year, effective today. This is the first of 3 monthly reductions: - May 1: 6M → 5M - June 1: 5M → 4M - July 1: 4M → 3M Our goal is a net deflationary VVV with native yield, where burns exceed emissions
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@bxtfii Agree... ChatGPT Plus costs $20/mo for premium.
Right Now, staking = $17 x 100 VVV you need $1,700 upfront just to Break-even in 85 months.
To Compete with ChatGPT's annual cost ($240), VVV needs to be priced at $2.4/ token
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@buddythedog2020 @ErikVoorhees As far as I know the supply of diem is based on the amount of VVV staked, so it is likely to fluctuate.
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@ErikVoorhees @bitcoinisle Venice pro is a great deal. Would love to see the amount vvv needed to mint diem decrease. With scaling will the total supply of diem be increased ?
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@bitcoinisle Venice is $18/mo for Pro, so it's already easily competitive with ChatGPT's price.
And if you bought 100 VVV and used Pro with it, you'd still have the 100 VVV so breakeven is instant, not 85 months.
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@blknoiz06 @Quanterty Ya but... ChatGPT Plus costs $20/mo for premium. Right Now, VVV Break-Even at current prices (staking = $17 x 100 VVV you need $1,700 upfront to Break-even in 85 months. To Compete with ChatGPT's annual cost ($240), VVV needs to be priced at $2.4/ token
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portion of protocol revenues buyback and burn $VVV (~40% total supply burned already)
staked $VVV earns ~15% yield
staking + locking $VVV allows you to mint $DIEM
staking $DIEM gives access to daily renewing credit of compute to use Venice AI models, so instead of paying a recurring cost for extra usage of the models you can stake $DIEM & use a predetermined amount
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open source, private, uncensored version of chatgpt
Qwerty@Quanterty
What does VVV do and why is it worth 1.2 billion ?
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@gumsays Ya but... ChatGPT Plus costs $20/mo for premium.
Right Now, VVV Break-Even at current prices (staking = $17 x 100 VVV you need $1,700 upfront to Break-even in 85 months.
To Compete with ChatGPT's annual cost ($240), VVV needs to be priced at $2.4/ token
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We are in a bitcoin bear market but I am noticing how every token pumping has one thing in common: AI
$VVV - Private AI Inference
$ZEC - Privacy in the age of AI, Quantum Resistant
$NEAR - Fully focused on hosting AI products & Privacy of movement
Even $HYPE is pumping because of AI. There is no doubt that its tokenomics are working out great, but the decoupling is happening because it enabled liquid perp trading of AI stocks and ETFs, which subsequently drove a large amount of inflows > buybacks > positive PA > more liquidity.
Onchain markets already smell an incoming AI season on Solana and Base and there are lots of devs building what may become $100M+ products.
I subscribe more and more to the idea that Bitcoin can influence, but not dictate the performance of these tokens and the real question to ask is "when does the AI hype stop".
Until this is easily identifiable, crypto x AI will continue its bull run.
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@AaronSolanaa ChatGPT Plus costs $240 annually for premium features. VVV Break-Even at current prices (~$17), staking 100 VVV requires approximately $1,700 upfront Break-even:85 months For parity with ChatGPT's annual cost ($240), VVV should be priced around $2.4/ token
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@MarketBubble @blknoiz06 @Banks Yes but... ChatGPT Plus costs $240 annually for premium features.
VVV Break-Even at current prices (~$17), staking 100 VVV requires approximately $1,700 upfront
Break-even:85 months
For parity with ChatGPT's annual cost ($240), VVV should be priced around $2.4/ token
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Ansem shares his thesis on $VVV
“Venice AI is essentially a private inference platform… you can access all of the top state-of-the-art models, all the best open source models but through Venice, it doesn’t store any of your information”
“They’ve done really well. They have over 2 million users. I think they have 50k daily actives on their app and they’re making money from the subscription”
“One of the cool features of Venice that I thought was interesting is they have a second token that’s called DIEM… if you have 1 DIEM, you get to use $1 of compute per day for that 1 DIEM that you have”
“It’s a really interesting model. I think it’s honestly attracted a lot of people to stake $VVV. We don’t have a lot of real protocols there in the crypto and AI space that aren’t vapor and are actually doing well”
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@unknowDLT To be honest, the ETH logo was first to stick out to me, I've looked pretty hard at this and STILL have not found the XRP logo...I DO however see the RIPPLE logo
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Does anyone see the Bitcoin logo?
Why is the XRP logo so big and the only one you see at first sight?


Senator Cynthia Lummis@SenLummis
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@Stellar_Rippler The current banking regime is building a "tokenized" banking system on the Canton Network, a private blockchain. It is basically what exists now but on the blockchain.
But, the Ethereum network leads in installed base of computers and devs and offers much more banking utility
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🚨 Scott Bessent Just Signalled Bretton Woods 2.0 And Warns To Position Yourself For It
“The banking system created after WWII unleashed global prosperity. Why not recreate it now?”
He openly calls for “Rewiring the banking and financial system.”
Sounds familiar?
The architects are openly planning a new financial architecture. As The Great Taking shows, these resets reassign ownership. When they redesign the pipes, control of assets, collateral, and custody is on the table.
He also adds:
“Build your safety zone and secure direct ownership now, don’t wait to discover where you stand in their new system.“
Can someone remind me which DLT/Blockchain is creating an end-to-end financial stack - Payments, Treasury, Institutional-grade Custody, Brokerage, Repo Markets, Private Identity and Tokenization?
If you know the answer, secure and position yourself.
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