Pri τ

Altcoin-Season // NOT like 2017 and 2021! I have the desire to get rid of this. It's about the so-called "altcoin season" that everyone is talking about, and it's a 100% thing that altcoins will explode. People's reasoning? "But, they existed in every cycle, so they will now be there again, and it will go up again." We need to start by looking at the Bullrun cycles differentiated with all the corresponding factors, and not as one unit. So… 2017: Let's start with 2017, which can be done very quickly. The Bullrun 2017, the total market capitalization was not even $20 billion dollars, so there was no/barely any liquidity necessary to pump the market massively, is probably logical, where no/little capital is available, it also needs little to grow massively. At the same time, there were only a few hundred-maybe 1-2 thousand projects on the market, the market was so incredibly small that the capital was divided into a small number of projects. Because in the end, each project takes something of the cake, in the end also means, the more projects, the less potentially remains for each individual project. Capital is diversified. 2021: 2021 was also a cycle that was quite different, this cycle was at a time when we were in a state of emergency. It was the Corona time. The M2 has risen by 1/3 in this short time alone. The M2 has thus increased by 1/3, i.e. by about 40%, within 2 years. The money supply M2 rose from $15.47T to $21.85T...that's the +40%. At the same time, there were MASSIVE QE + state transfers, and interest rates were close to 0%, and that until the beginning of 2022. In the time, it was a record QE... QE increased from $4.2T to approx $9T, it rose by over 110%!!! This was a time when MASSIVE MASSIVE MASSIVE liquidity was released and created!!! We do not have these parameters in this cycle. Quite the contrary. In this cycle we have higher inflation, higher interest rates, no QE, but QT, significantly more crypto projects like in 2021, which will all get something out of the liquidity, and not like 2017 or 2021, where the selection was by far much smaller. Again, the new capital that comes into the market is also even more widely diversified among all the projects. And if we take the low of the M2 in the summer of 2023 with the current status, we have come from $20.57T to only $22.01T. That's only 7%. That's why I'm making it clear that statements like: "but there's always been an altcoin season, and massive pumps have always happened there." are irrelevant. Because we have a COMPLETELY NEW environment, with absolutely different factors! These are the hard data/facts... and no "would/could/if" statements. The origin is always liquidity, high liquidity ensures correspondingly high capital inflows! However, if this is only "relatively" given, and NOT like 2021, it will of course also be a completely different overall picture, and thus become a much more marginal pump. People just want to hear/read ultra-bullish statements, and every contribution that goes more into realism, and thus also means that the X-potentials will definitely not be as gigantic as many think, will be defamed, and titled as ignorant. But the truth remains the truth. And the data shows exactly what I'm describing here. In the end, it is not my job to convince someone, do what you want with the information. M2 Chart: tradingview.com/symbols/FRED-W… Recent balance sheet trends: federalreserve.gov/monetarypolicy… 1/2…⬇️⬇️⬇️ #Crypto #cryptocurrency #Bitcoin #Ethereum #Blockchain

@zipz2whipz You comment, perfect. Trigger point reached.

@Pritensor The clown posts again 🤡

Bittensor // $TAO Dude...Jensen has absolutely 0% to do with Bittensor. He gives a general statement regarding a question. This reminds me of NEAR right now. Jensen has touched the arm of the NEAR CEO, and everyone has written bullish posts about it, that NEAR will now fly to the moon because Jensen (NVIDIA) will do something with NEAR. The Bittensor community laughed that it's total bullshit. And now? Now the community is doing exactly the same. It's like when Jamie Dimon (JP Morgan CEO) replies in an interview that blockchain and Ledger technology will change the financial world, especially in the area of tokenization...and then everyone says: “Jamie has just acknowledged our project, bullish, he's going to get in.” He only talked about the concept, without mentioning a specific coin. That's a big difference. Please don't embarrass yourselves...so much fake hopium. To everyone else, don't fall for this fake talk... the past has shown that this will be punished quickly. τ = bittensor $TAO #Crypto

@BerlinCapitalll It has been known for a long time that Chamath knows Bittensor and has also actively talked about it. It's nothing new, so I don't see any reason to highlight Chamath in this context. Jason too. x.com/pritensor/stat…

@Pritensor You’re not acknowledging chamath though 🤣🤣🤣 very narrow focused comment

@IronSama007 😁🫡

@Pritensor Well, somebody needs to add some spice 😆😆 Good for us $TAO holders

@IronSama007 But one has nothing to do with the other. To say: "Jensen talks about Bittensor." is a factual false statement.

@Pritensor That's not very wrong If Nvidia investors can get only few attention of the company towards building dedicated ships for decentralized ai train/min, it could be a huge push for Bittensor. As far as i know the company is always discovering new markets and this is not a bad one

But there is not only Bittensor (SN3) which decentralizes this. Your statement comes across as if there is nothing else in this direction. That is not the case. And the fact remains. Jensen has spoken about the topic in general, and it is deception to say: "he talked about supplicator". There was a question, Chamath gave SN3 as an example (even with wrong parameters), and Jensen gave a general answer. I like to stick to the facts without inventing anything about it, just because it fits the own agenda. If he were actually actively talking about Bittensor, I would be one of the first to mention this positively. But I'm not a friend of deliberately misreprolling a conversation.

That’s not the right way to look at this. The point is that decentralized training which is by no means an easy feat was solved by a bittensor subnet. Also very representative of the all around innovative ecosystem that exists in bittensor. It is getting main stream adoption and I’m increasingly finding more quality builders gravitating towards it

Even if your, and my portfolio is pumping. One should reproduce things truthfully, and not make deliberate deceptions. I'm not someone who runs fake hopium, and deliberately claims false facts, just to get attention. Since you support this, everyone should be aware of your type of content and character. No, thanks.

@Pritensor Bro who cares my bags paaaaamping

Yes, I get totally pissed off then. Shit...the price is pumping, my portfolio is pumping... Shit, I really want my portfolio to dump. It's so stupid when it pumps. Damn. I don't want to have any higher profits. I benefit from it when TAO pumps, why should I be angry if my Q4 forecast does not arrive? If I'm wrong, that's not a problem for me. Then I will communicate this publicly and say I was totally wrong. Still, it doesn't change the fact that I just keep a clear head and comment on Fake Hopium. If you only want to read Hopium and conscious deception 24/7, you have to block/ignore me.

@Pritensor Ur just mad cuz u desperately wanne be right about ur bottom call

@ExaggerateEth It's nice to have dreams.

@Pritensor Tao will be 10k

Bittensor // $TAO So $TAO is finally going up to $1000? Just ask. τ = bittensor $TAO #Crypto

@mikealfred Like this? You supposedly got so many calls that massive liquidity is pumped in, but it kept dumping. Funny that you pretend to be knowledgeat. x.com/mikealfred/sta…

This bear trap may have been one of the most ruthless and vicious I've seen in more than 27 years of investing. So many people got fooled in to thinking we are heading in to a deeper bear market when the 4+ year bear market actually ended in early February when Bitcoin bottomed.

Bitcoin // $BTC The James Cramer of the crypto scene has worked again. I call it the Wizz Cramer indicator. #Crypto #Scam

@taophant We are at the beginning. It's too early to switch from bearish to bullish.

@Pritensor I know who keeps me safe from permabulls but who will save me from permabears?

@mastersamtrades Oh. 😂

@Pritensor Study this x.com/i/status/20168…

Bittensor // $TAO I’m about to expose another deliberate deception by Wizz. He reposted his post from January 9th two days ago, and now he’s acting like the $TAO pump from two days ago was what he meant. But here’s the truth. On January 8th:
$TAO was trading around $300. On January 9th:
He posted that $TAO would soon trade above $300 again. At that moment, $TAO was around ~$290. Just one day earlier, it had already hit $300.
So, a pretty pointless post at the time. (But it gets interesting.) By January 14th:
$TAO had seen only a very minor correction of ~$20 in the meantime, eventually reaching $300 again. This was the early Q1 period when Bitcoin was pumping, and the rest of the market followed suit. $TAO hit its local top around $300 at the start of Q1. Wizz was once again massively pumping hopium right when $TAO had already pumped hard. He essentially encouraged people to buy $TAO again at the local top… And what happened next?
A major crypto crash followed. $TAO dropped from $300 down to $142, a loss of over -50%. That means anyone who bought around that level due to Wizz’s hopium posts lost more than 50% in a very short time. Now the funny part… When $TAO recently reached ~$300 again a few days ago, Wizz reposted his January post and publicly pretends like he was referring to this pump all along. It works really well because hardly anyone looks back, and people don’t question it. That’s exactly how the X game works. 
This is deliberate deception, pretending to have foresight when the exact opposite happened. In the past, I’ve already shown how often he publicly encouraged buying at levels around ~$400/$500+, claiming those were “very cheap prices.” 
All those people are now deep in the red. The problem is… 95%+ of his calls are an absolute disaster. 
Just look at his track record with other projects he recommends, 95%+ of them have crashed hard or are dead. Also, I'm still waiting for the bet, as I wanted to bet with him for 500TAO regarding a certain thing (Gave him the chance to even determine the deployment himself... Problem, he barely has anything.). Was ignored several times. Wizz Wizz Wizz...what should I do to you. This is just the beginning. I can’t reveal too much yet, or more of his posts will get deleted. τ = bittensor $TAO #Crypto

Yes, but since this is an answer to the corresponding post from me, you want to suggest that it doesn't matter when someone buys. That's why 1TAO is not 1TAO...since the original investment is always different. But well, I think we've heard both sides now. All good. Yes, in the long term, the future certainly looks good...

@Pritensor My original post just said 1 TAO = 1 TAO so yes i rather buy more TAO at as low a price as I can ofc because I will have more TAO but the only point I was portraying is that for me I am thinking long term so regardless of price fluctuations I just want more TAO

No one can time the market 100%. But that doesn't matter. It's just about your statement that it's a matter of perspective or opinion. Because mathematically it is clear that it does not matter when you buy. You will never hit the Bottom or Top 100%. That's not what it's about. You just have to stop pretending it doesn't matter when you buy. No, it's not. And if someone buys at $100, but it should drop to $20, then that's annoying and the person was unfortunately unlucky... but the important thing is not to pretend that the purchase price doesn't matter. The solution is then...the deeper it falls, to buy more if you want to reduce your DCA, and are not yet satisfied with the bag. But as I've said several times, stop acting like the purchase price doesn't matter. The lower the price = higher the bag = the higher the price then pumps, the more profitable you are than someone who buys much higher for the same capital. Mathematics doesn't lie.

@Pritensor Yeah but what if you buy at $100 and it goes to $20? Im not here to time the market like nostrodarmas im just gonna keep buying $100 or $1000

@mortenakka Yes, if we only take this into account, it is enormous. Definitely.

@Pritensor $HYPE is building a powerful flywheel: REAL revenue (~ $1.5B+ per year!) → buybacks & burn → shrinking supply + rising demand. HIP-4 supercharges this by tightening token economics and aligning incentives. $HYPE at $100 will be the start for the new Bullmarket.

No opinion, just data. Just the fact that you're talking about an "opinion" again shows that you didn't understand anything. Sorry. Of course you can have the opinion that a price of $100 or $300 is cheap in the long run. But you cannot have the opinion that it makes no difference when you buy. Example: Two people each with $10k to invest. Person A buys TAO at $300 = 33.33 TAO Person B buys TAO at $100 = 100 TAO Both started with the exact same capital. One timed the entry much better and ends up with ~67 TAO more. Now assume TAO reaches $1,000 in the future: Person A has $33,300 Person B has $100,000 That’s already a $66,700 difference in outcome, pure and simple mathematics. With the same starting capital. And you still claim that long-term it doesn’t matter where/when you buy? That’s absolute bullshit, sorry. That’s not my opinion. That’s math. And math doesn’t care about your feelings.

@Pritensor Bro you sound emotional im not sure why you feel the need to force your opinion on me. I believe these prices are all low $100 or $300 so i will buy all these prices and we can pin this post and come back in 2032

I'll put it this way... there will always be INDIVIDUAL projects that sometimes have a strong countermovement, something like that sometimes happens sporadically. BUT, there are exceptions remain. The market reacts using Bitcoin. The market is still far too young and inexperienced that you can really consider altcoins 100% as independent. The data is unambiguous. Everyone can see that...and who says something else, and means Altcoins decouple, they live behind the moon and ignore the data. But hey...Influencer X has promised 100x and an altcoin rally, so it will come tomorrow. 🫣

Kurze Frage an die Leute da draußen. Gibt es wirklich ernsthaft Leute, die glauben, dass Altcoins und teilweise sogar unabhängig von Bitcoin jetzt aufgrund von "Klarheit" anfangen werden, stärker zu pumpen? Nur weil ein paar Coins sich kurzfristig positiv bewegen, wird direkt angenommen, dass jetzt eine flächendeckende AltcoinSeason starten könnte? Ich bekomme dieses Gefühl immer wieder unter meinen Kommentaren, dass manche wirklich glauben, jetzt kommt der große "UseCase-Run" Losgelöst von allem, was geopolitisch und makroökonomisch gerade passiert und das in einem Umfeld, das aktuell alles andere als stabil ist?!

I find the project quite solid and interesting overall. But as of today, there are still a few points that I consider need further improvement, which is why I don’t yet feel it’s appropriate to invest. Even though the potential is even greater, I stick to certain principles. You’re entrusting your capital to a small circle of validators, not your own wallet (Perps? Tokens land in the smart contract, validators control this, withdrawals require their approval). Additionally, full decentralization of the code is still lacking, which means I can’t conduct a 100% security analysis myself. 
You do provide the node runner as a Dockerfile, SDKs, tools, and so on, but what about the consensus and matching code?
That’s a very important point. There are still repeated large unlocks, with another significant one coming in April where core contributors (~25% of the total supply) will see a substantial release.
While they haven’t made any major sales so far, this is ultimately also a matter of trust. When things get critical, the upper echelon will always save themselves first and liquidate accordingly… at the expense of retail investors. As mentioned above, please don’t misunderstand me… $HYPE works well, it’s a fundamentally solid project with a bright future… but due to the points mentioned, I’m unfortunately out. Even if it continues to perform well in the future, unfortunately it’s not for me as long as certain things don’t improve. But thanks for the comment...the project is really interesting. 🙏🙏🙏

@Pritensor Just buy $HYPE mate