miroalmercado
2.2K posts

miroalmercado
@martingalaj2007
en nostr
Ciudad Autónoma de Buenos Aire Katılım Temmuz 2023
347 Takip Edilen129 Takipçiler

as long as $TAO Holding above its feb low trendline its looking good for me….
expecting continuation to 305$ - 320$ minimum to 450$ - 470$ max in mid term…. (60% - 130% move)
any test of its feb trendline is a buy…
invalidation - daily close below feb trendline…
note - follow the invalidations strictly…
#TAO #BITTENSOR

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#Bittensor needs to re-evaluate how incentives and emissions work in the ecosystem.
Moving from 64 Subnets to 128 might have been a mistake, but it can be rectified by putting mechanisms in place that reward function and utility over popularity (which is the current status quo.)
We have Subnets like Score, Resi, Minos, Distil, all suffering and bleeding, with investors that care about what's actually being built, suffering with them.
If Subnet number goes up to 256, this only gets worse.
It is human nature, and especially apparent in crypto, that people tend to follow green charts and price action more than anything else. Perhaps 20 - 30% people actually care about decentralization, and real world use cases. These are just facts, and that's a generous estimate.
OTF / @Bittensor themselves need to step in and figure out how we're going to reward Subnets that are working constantly to bring the world decentralized AI that will improve the quality of life.
I personally am a cypherpunk at heart, and love decentralization, but I'm not an absolutist either. If a certain amount of centralization is required as we grow, so be it. It won't be the end of the world, and sometimes a system needs a governing body to take the reigns - especially while we're still maturing.
Similar to increasing Subnets (especially without restructuring incentives,) removing APY completely from Root may also prove to be disasterous.
Not every investor is after high risk, high reward plays. And the reality is, that the Subnets / dTao is functioning as a casino right now. With no visible rhyme or reason.
A lot of investors would like to be able to simply collect dividends without the additional risk involved with diving into subnets. The price of $tao itself is volatile as it is.
Removing APY completely will not guarantee people rotating into subnets, but it might guarantee people not willing to live with confirmed risk without confirmed returns.
I really hope @const_reborn sees what I see.
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@gladiadormerval Te puedo hacer una pregunta rápida?
Como lograste vivir sin trabajar?
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