HorizontalMan

@hobbleabbas Shak where are youuuu 😫

the future is bright

never doom

@ShizzyUnchained @AltcoinMillie That spike on 97 means medium term high is in. Whale fuckbots paint the chart as they wish. Rotate into 66.

@AltcoinMillie Real recognize real!

Bittensor Is Heating Up, Ridges Goes Silent, and Chutes Breaks Through In this episode, I break down the latest TAO market action and what is happening across the Bittensor subnet ecosystem right now. We get into Const’s comments on locked stake, conviction, and how he views Sam as a person, then shift into why @Jason Calacanis has become one of the most important outside voices helping push the Bittensor subnet conversation forward. I also talk about the growing frustration around @ridges_ai. The communication has been lacking, people are starting to ask questions, and the silence around @hobbleabbas is getting harder to ignore. On top of that, Chutes is starting to kick the door down in a major way. Then I close it out with a full look at my current subnet portfolio. Join the Telegram at ShizzyUnchained dot com CHAPTERS 00:00:00 - Shizzy’s Monologue 00:01:53 - Intro Song 00:02:13 - TAO Market Update 00:03:22 - Subnet Market Update 00:06:43 - Locked stake and conviction, Const speaks on Sam as a person 00:08:50 - Jason Calacanis has been a strong voice in helping push Bittensor subnets forward 00:10:05 - Ridges communication has been disappointing. Is Shak gone? Why are we not hearing what is happening? 00:13:05 - Chutes kicks the door down 00:14:40 - Shizzy’s Portfolio 00:15:30 - Join the Telegram at ShizzyUnchained dot com

@zacodil LOL you wish brokie!!

Polkadot and Bittensor built the same trap without realizing it. Polkadot: compete for parachain slots by staking DOT. 130M DOT committed at peak ($5-7B). 46 auctions. First five winners raised $4B+ in crowdloans. Today: Acala down 99.97%. Moonbeam down 99.9%. Astar abandoned Polkadot for Ethereum. Two others dead. The model was scrapped in 2023. Bittensor: compete for subnet slots by committing TAO. 128 slots competing for daily TAO emissions. Estimates suggest 15-25% have genuine utility. The rest are emission farms - subnet owners running their own validators and miners, subnets billing each other, activity reported as "ecosystem growth." Same pattern: > Create scarce slots for sub-networks > Hype drives slot prices to absurd levels > Most slots fill with projects optimizing for the subsidy, not for users > Real usage never materializes at scale > Reform the mechanism years later (Agile Coretime / dTAO) Bittensor's dTAO is genuinely better than Polkadot's original auction model. Market-based emission allocation, continuous Darwinian competition, lower barriers. Real improvements. Polkadot took years to figure this out with Agile Coretime. Bittensor got there faster. But the mechanism isn't the problem. The problem is what fills the slots. Bittensor had exactly one project that got noticed outside the TAO pump/dump cycle - Covenant AI. Jensen Huang and Jack Clark both praised it. It wasn't a revenue-generating business - it still burned far more in TAO emissions than it could ever earn - but it was the one thing that proved decentralized training could produce something real. Last week Covenant exited, drained 50,000 TAO from three subnets, and called the network "decentralization theater." The one team that built something visible left. The emission farms stayed. Polkadot proved that better auctions don't save parachains when most slots exist to capture subsidies rather than serve users. Bittensor is proving the same thing in real time. The question was always: will real products show up before the hype runs out? Polkadot's answer came in. Bittensor's just arrived.

@ridges_ai Where's Shak?

Ridges isn’t going anywhere. Ridges is bittensor, bittensor is Ridges. We’re aligned. We're here to build and to keep raising the bar. More updates soon.

@SaiKate108 My best friend died a few weeks after receiving a booster as well

Jackson, the son of Shane Warne speaks out about the cricket legend’s untimely death. He blames The government and believes his death was connected to the Covid vaccine !! Also confirming Shane had taken a booster prior to that fateful trip to Thailand. Legacy media did their best to cover up this story but now finally the truth is breaking free. Full interview : @2worldsPodcast

@ChoochSkookum @eddieblake448 Land on the moon then people might give a tiny shit

@eddieblake448 i dunno man. it was like it almost didnt even happen

We flew around the moon for the first time in more than 50 years and no one cares. What does that say about society?

@planert41 Creatine is your best friend

Dads with young kids Is it normal to just feel tired and burnt out all the time? It’s like you don’t even really get the weekend to recover because it’s all just kid stuff the moment you wake up Arguably the only personal time you have is when they nap (and you’re already dead tired by that time) or the hour after they go to bed but before you pass out Just trying to figure out if I’m doing something wrong

@hodler0_ Never. Ever since they stole my bike.....

Take multiple things into account when investing $tao

@LamidaGlobal Sam Dare's wife gonna take all his ugly ass money at some point anyway 😄🤣

Last week, we flushed the tourists of $TAO ecosystem. Sadly, many couldn’t get residency status. Sam Dare renounced his #Bittensor citizenship moving $10m wealth to Nigeria hurting many families of Bittensor. Tighter immigration rules for Bittensor are in discussions by Const after this capital flight (a rug to be more accurate).

@Pop_Collapse @SystemLyncs What % did you have in Templar?

I agree with your points wholeheartedly. I don't understand how this Sam guy was put in charge of such subnets given the behavior I witness just in the discord channels. It's tough because investing in Templar was almost necessary if you had $TAO, but I did NOT like investing in SAM. If only there was another way. Now, he took my money and ran. The second time this happened to me in the ecosystem.

As a retail holder, I do not think what happened around #TAO over the past few days, or the pain it caused, should be brushed aside so quickly. If the person behind those subnets was only in it for the money, fine, that reflects badly on him. But it also raises a much bigger question. How did someone like that get backed, trusted and put in that position across three major subnets in the first place? That comes back to judgment and oversight, and that part should not be skipped over. Across my two bags I lost roughly 27%. On my main bag it was close to 30%. I know some people will say that is crypto, move on, lesson learned. Easy said. But this is hard-earned money. I cannot just replace 30% of my TAO bag overnight. I do not have the funds to do that, rebuilding will likely take forever through staking or slow DCA. I even moved my Bitcoin into TAO because I believed in this ecosystem. That is how much conviction I had. That is the reality for retail. We are not numbers on a dashboard. We are normal people putting real money into projects we believed in. So no, I do not think this should be brushed under the carpet just because the bigger thesis may still be intact. You can believe in TAO and in the wider Bittensor vision and still say this was badly handled and that retail got burned. And for anyone talking about attracting institutions, this sort of chaos does not exactly inspire confidence either. Governance, conduct and judgment matter not just the technology. Some may say I was too concentrated. Fair enough. I can own that lessson. But that does not excuse the judgment behind what happened and it does not make the damage feel any less real. This hurts and lot of us worked hard for our TAO. “This was not nothing” Finally, when people throw out big end of year TAO targets, losses like this are not just abstract. If TAO ever does reach those kinds of numbers, the damage done now is something some of us may never fully recover from. @markjeffrey @const_reborn also @JesusMartinez @taodaily_io this is the retail side of it and it deserves to be heard too.

@jlow7865 @const_reborn Market cap in $ means nothing for subnets because they trade in TAO only

You had 4 hours when #SN97 was below .03. The easiest trade to make. Subnet belongs to the man himself - @const_reborn and it fell to 1.2mil m/c. Everyone says they will buy blood then most sit it out and say "but this time its different."

@ShizzyUnchained $ market cap and price in $ has no relevance. Subnets trade in TAO only. Be cautious

Wow. $DISTIL is up 182%. This is exactly why I keep saying AI devs are better than human devs. We were calling Distil at $6 like buy, buy, buy. Join the Telegram for calls like that at ShizzyUnchained dot com.

@connorking Templar had no revenue or fly-wheel, which after the hype proving the decentralised run, was nothing more than a shiny toy proving whats possible. The subnet owner rugged his TAO because of this. There are subnets tho with revenue and value capture fly-wheels.

While I am bullish on decentralized AI/training, Bittensor will never succeed at scale It’s a flawed design The subnet model creates structural value capture tension that most multi-token architectures have failed to resolve. L2s, Helium sub-daos, Cosmos app-chains, etc the list goes on An L1 is only as good as its ecosystem or vertically integrated value creation + capture If subnets grow, scale and do well, what’s their incentive to stay? We are seeing this in real time with Templar. The team behind Bittensor's biggest achievement just walked away from the network. Subnets that succeed have every incentive to leave I can tell you this anecdotally as someone who was building an L2 data protocol (that eventually spun out and launched an L1) that this design limits your upside, autonomy and value capture You want as much concentrated alignment and value capture as possible (eg HYPE)

@FinanceFreeman @DistStateAndMe @opemtensor @const_reborn He didnt need to. Nigga just made 10 mill

Did you go short $TAO before making this post @DistStateAndMe @opemtensor @const_reborn

@AltcoinMillie Took me 3+ weeks to "get it" and I got into Bitcoin in 2014/15. I assume I am entering at similar point in the cycle, and most others come later.

Is it that hard to understand what $TAO is or is the world's IQ level considerably lower now? Ain't no way "it's that hard to understand" 😭

@DrocksAlex2 @BalzoniVit59813 @_0xEdward_ @const_reborn None of these fudders were around for early BTC and early ETH so they cant understand. Not to mention they dont understand how TAO works anyway

@BalzoniVit59813 @_0xEdward_ @const_reborn How do you think decentralization happens? With exploits and patches and relentless belief to build something real.

The only ones selling $TAO now are those who joined during the Templar hype. As I posted red flags during this whole pump and said I wouldn't buy back until 180$, we may very well just get rid of the hype and move on. There will be much better decentralized AI training runs taking place on Bittensor next

@DrocksAlex2 Sam was just a place holder for Const as Const cant do everything LOL. Unfortunately Const seems to look at the good in everyone.

@youraveragejeet @hodler0_ Pattern recognition is not for low IQs

@hodler0_ you are making it about race...that is a loser move.

you really were confident to put your hard earned $tao to this face ?

@ShizzyUnchained Just be cautious with Distil as its still a young subnet so not many coins in circulation, so dilution still to come. Will be hard to sustain price in the short/mid term. But agree long term will be 🔥

Shizzy Subnet Portfolio Update: I made major changes to my portfolio after all the craziness. I wanted to move into projects that feel more secure to me, especially agent run subnets like Distil and the ones I just cannot let go of. Honestly, I almost went 100% Distil. But I could not bring myself to sell Targon, Ridges, or Score because I genuinely love those projects. SN97 Distil: 50.8% SN4 Targon: 21.1% SN62 Ridges: 19.0% SN44 Score: 9.1% #subnets #bittensor $TAO

@0xSunRun @ElonTrades @const_reborn Indeed. Just hearing Sam talk he never sounded particularly bright. Not surprising Const wrote the code for Templar, but some people have blind spots with particular individuals, and Const seemed to trust him to run it. Shame he was a Nigerian scammer after all

@ElonTrades @const_reborn I think this is probably the only valid criticism of the entire debacle.

So what happened today with $TAO is that @const_reborn heavily backed a guy who gave basic Nigerian scammer vibes. That guy ran the very same subnet that Chamath shilled the NVDA CEO on, which caused the recent surge in $TAO price. And today he pulled it and dumped $10m worth of $TAO and subnet tokens. Now Const is trying to spin it into a positive proposing having subnets time-lock their $TAO to where if they hit unlock, people can rotate into a different subnet if they wish before the possibility of something similar happening again. I agree, sounds like a decent idea. But not already having safeguards in place when a guy like THAT ends up with $10m worth of $TAO in his hands does not inspire confidence.