mango

@MichaelMOTTCM What would you expect the BoJ to do though? Japanese consumers are getting crushed. Just wait for the repatriation laws and the carry trade unwind in a year or two. 4 trillion in US equities leaving could be quite something.

So much for free markets.

@dampedspring Would be legendary if 666 becomes the multi-year top

I mean really? 666 $QQQ

@DonMiami3 Farmers gobally are on their knees. Weather in quite a few major ag regions not cooperating. Corn, sugar and soy shifting toward biofuels. I'd say wheat breaking out today is just the start. The entire soft coms complex desperatly needs a repricing.

Sources tell me that food is about to get even more expensive this summer

Last week at the @YumaGroup Summit I had the opportunity to present on The State of Bittensor. That presentation is in the thread below. If you choose to read it, I'd ask that you keep the following three things in mind: 1. This is just one guy's view of what was the most relevant for a 25-minute talk; a difficult filter for such a dynamic industry 2. The slides were designed to supplement a talk; I've done my best to replicate what I recall of the talk in the accompanying X posts 3. The topic of the Summit was "The Tipping Point" - a candid assessment of what could lead to Bittensor's breakout success and what evidence we see of that today - which also thematically anchored this presentation Let's dive in:

There's a forest in Utah where every single tree is actually the same tree. 47,000 trunks growing out of one giant root system, all clones of the same parent. The whole thing weighs about 13 million pounds, around 40 blue whales worth. It's called Pando, and it's been alive for around 80,000 years. Humans hadn't even started painting in caves yet when this thing took root. It's the heaviest living thing on Earth. Trees do some properly weird stuff. When a giraffe starts eating an acacia tree in Africa, the tree releases a warning smell into the air within minutes. Other acacia trees nearby pick up that smell and immediately start pumping bitter chemicals into their own leaves, before the giraffe even gets there. Giraffes have actually figured this out and learned to walk upwind, so they can get a few bites in before the trees notice them. In 1997, a Canadian scientist named Suzanne Simard found that trees in a forest are connected to each other underground, through a giant web of tiny fungus threads that link them all together. Her experiments showed that one tree can send food and chemical messages to another tree through this fungus network. The press nicknamed it "the wood wide web." Some of the bigger claims about trees being one happy family are still being argued over by scientists, but the basic idea, that trees pass signals to each other underground, is now solid science. And some live for thousands of years. There's a tree in California called Methuselah, a kind of pine, that is almost 4,860 years old. It was already 200 years old when the first Egyptian pyramid was built. There's another one growing nearby that scientists think is over 5,000 years old. Both were already ancient when Stonehenge went up. Trees also do something to your body when you're around them. A Japanese researcher named Qing Li ran an experiment. He had people spend a few days walking in forests, then took their blood. The cells in their immune system that fight off viruses and tumors had jumped sharply, and the boost lasted for over a week after they got home. He had another group take the same kind of trip but to a city instead. They got nothing. The trees were releasing some kind of compound into the air that the city didn't have. The tallest tree in the world is in California too, a coast redwood named Hyperion. 381 feet tall (taller than the Statue of Liberty), around 700 years old. A single trunk holds 550 million leaves. You're sharing the planet with all of this.

lol who did this.

IT’S COMING HOME 🏆 Out of 1000+ startups that applied to the @ParisBlockWeek startup competition, we take the win. Big moment for us and for the Bittensor eco. Huge congrats to @arnod3f and @manakoarchie on the stage today.

JPM on oil #oott #iran

@lord_fed Oil goes to 200 and NQ down 20% once peace in ME.

The most entertaining outcome is the most likely outcome

@GavMcCracken Probably even higher divergence between paper and physical x.com/i/status/20440…

Suncor Energy Inc Price Target Raised to C$105.00/Share From C$79.00 by JP Morgan Analysts realize SCO (what Suncor sell) is trading at a $20 to $40 premium to WTI depending on the day. Wow that took awhile, as usual, analysts are following the market is the appropriate phrase

@siyul Given non-discriminatory input bottlenecks, weather disruptions and political risk I'd go with the ags directly. Particularly wheat is mispriced here imo.

@mangocinn names?

always hunting for structurally sound, brutally wounded losers (poised to rise again): 2022: global banks ( $C, $DB, $BCS) 2023: regional banks (...) 2024-25: offshore drills (e.g. $VAL $RIG) 2025: petro-chem (e.g. $LYB $DOW, damn missed it!) What's your pick today? both sub-sector and individual names.

@const_reborn funded @tplr_ai, paid for their first website, wrote their first incentive, and hired their first team members. Knowing both parties, I can assure you it is not @DistStateAndMe who is the wronged party here. Disappointing how money corrupts people.

@hackapreneur Such an uninformed left curve take. Templar founder ran away with $11M. Painful experience but not entirely unexpected given Sam's aura.

Gm gm fams $TAO drama got messy Biggest subnet team (Covenant) left and dumped 37k $TAO and now they are saying Bittensor isn’t really decentralized Founder claps back and Community confused rn along with that Price drops hard Same story again we hear decentralization sounds good until it gets tested Big players exiting like that is never a good look Crazy crypto markets

I assumed this was a fake, it isn’t. Wild.

@siyul @Dentinatour No source, just an apprx given philippines fuel supply is ~80% imported. Majority from the Gulf. Excepting the mine to hold 30-45 days of fuel in reserve, hence 2 more weeks. Might not happen at all though.

@mangocinn @Dentinatour On Masbate, where is the source of that scale down plan?

In Jan, I called B2Gold $BTG "the most hated and mispriced mid-tier gold miner in North America". Since then, it has pulled back ~20% Yday, I followed up with a "Like it at $5, Love it at $4" conviction call, backed by a breakdown of why the "lower production, higher cost" 2026 guidance is far less concerning than most think. This is where real alpha exists: ✔️Deep understanding of underlying asset quality ✔️Clear grasp of why the market hates it now ✔️High confidence that issues are temporary ✔️Adequate plan of attack The last time I was this vocal about a 20% drawdown was $VAL in Mar'25, at $31. The rest is history.

@Dentinatour @siyul Masbate is at risk, might premptively scale down within a week or two. Mali not likely. Given the AES agreement (first in line to get Niger oil) is a matter of national security in the region and BTG is the 2d largest tax payer in Mali.

@siyul Only problem is that Mali and the Philippines might run out of oil soon lol

Trump pausing the "period of energy plant destruction" in Iran by 10 days is NOT a TACO, but more of a NACHO: Not Actually Changing Hormuz Opening

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