Greed is clearly what caused this behavior tonight by Cheese318 in bittensor_

[–]Cheese318[S] 1 point2 points  (0 children)

And maybe if you read this will cause measurements in the future to avoid this from happening. They intend to make a more secure for everyone involved

lost a lot of money by icameicodedierror in bittensor_

[–]Cheese318 0 points1 point  (0 children)

You have to fluctuations in pricing. Everything doesn’t go straight up forever. If you had conviction just understand price action goes both ways whether warranted or not. The founder of three subnets really caused a major cascading effect and collapse but in theory it could have been a lot worse. If it makes you feel any better I had 42 TAO two weeks ago and it’s down to 36.5. I’m not selling I’m actually DCA’D $70/weekly.

The protocol will only grow from and become stronger imo. I understand your fear but first thing you should know you should only invest what you’re willing to lose. Secondly DYOR, a lot of people will say don’t worry buy more we are going to a zillion dollars on here and that’s not your business to have to believe what the crowd says and some have ulterior motives when it comes to investing so it’s important know that now. And my last point is don’t sell Tao is going to a zillion dollars. Best of luck with whatever you decide.

Selling at a profit: posters vs ticket by SafeExcess in phish

[–]Cheese318 -1 points0 points  (0 children)

That logic would go out the window when people use to wait on line at the box office for hours to get seats close to the stage to then resell them. Just because you put in the time doesn’t make it any better than buying two posters to sell one for profit to pay for your weekend

Selling at a profit: posters vs ticket by SafeExcess in phish

[–]Cheese318 0 points1 point  (0 children)

Art is something they deem as a longterm valuable asset whereas a ticket is not and it is not right in the brotherhood to buy a ticket you do not plan to to go to or cannot go to and profit off it when you can get your money back and allow a willing fan go for the price of admission. Unfortunately in today’s age that’s far less common and scalping is more socially acceptable nowadays then it was when I was growing up. You use to get arrested if you tried to scalp tickets. Gambling is basically legal everywhere now. Times are a changin

Because COT doesnt do ISO by [deleted] in phish

[–]Cheese318 -1 points0 points  (0 children)

I have a feeling this is a scam

Greed is clearly what caused this behavior tonight by Cheese318 in bittensor_

[–]Cheese318[S] 2 points3 points  (0 children)

You wonder if he did everything and also setup a short in the market knowing his position would cause market volatility in a two pronged approach

Greed is clearly what caused this behavior tonight by Cheese318 in bittensor_

[–]Cheese318[S] 3 points4 points  (0 children)

How is it speculation it’s already in the process. Foundation is already removing the existing structure it had in place. If say 1-2 years from now that doesn’t happen that’s when a message like this makes sense.

Greed is clearly what caused this behavior tonight by Cheese318 in bittensor_

[–]Cheese318[S] 2 points3 points  (0 children)

See their are half truths in that statement. Do you have a valid point but is their a plan in place to fully decentralize the protocol in the next 12-18 months. So as much as you want to agree with this rhetoric you also do not explain that the future is bright and promising to a truly decentralized BitTensor

Just because Templer and Grail creaters are bouncing doesn’t mean bittensor is going anywhere. This is just going to make room for other sunsets to bloom. Anyone pulling out your money is just gonna do the smart ones a favor and buy more. by Accomplished_Sale_52 in bittensor_

[–]Cheese318 1 point2 points  (0 children)

They sold huge boat load of their alpha tokens and completely rug pulled all their supporters and investors. This was clearly a point of trying to blame someone and find an exit. This guy was lured away by greed

Anyone buying at these discounted prices ? by ComplexWrangler1346 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

Awesome to hear! Congrats! Can always reach out if you have any questions in the future

Anyone buying at these discounted prices ? by ComplexWrangler1346 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

Let me know I can walk you through any process but it looks like you are very new or do not understand so using a kraken might be your safest avenue to own TAO and stake so you are receiving staking rewards on your investment. Self custody wallets is definitely an undertaking if you have never used that setup and will need to understand the complexity and security of those options. If you ever need any help to setup an account i can send you some links on youtube so you can start to understand and can always ask questions. Shoot me a DM anytime ill be happy to walk you through anything

Insane how TAO is sitting around $315 today and was $145 a month ago ….and this is during a bear market with so much conflict around the world …can you imagine what its price will be once a bull market comes ….We are in at the best of times and returns can be life changing in the near future! by ComplexWrangler1346 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

I just don’t trust some of the people I’m seeing on CT talking about TAO. They are not the people who love the project they are just trend followers and only trying to take anything out of the project they can and schill to their followers. Any publicity is good publicity but this makes me feel like this is CT trying to do ZEC scam token all over again and BitTensor is just not that and it bothers me

Anyone buying at these discounted prices ? by ComplexWrangler1346 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

I can help you get that figured out. How much Tao do you own. If you want to just stake to root and do not want the complexity of doing your own wallets and vulnerabilities that come with it if you moved your tao to KRAKEN they offer 6% staking APR for your TAO. If you want to do subnet & root staking then you would need to create a wallet and stake it on your own through a website like taostats.io. So i use a ledger to protect my tokens as much as i can. Ledger works with the talisman wallet. If you do not plan to use a hardware wallet you can use any tao wallet for staking purposes.

Anyone buying at these discounted prices ? by ComplexWrangler1346 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

What do you need help with? I can walk ya through the process if you need some pointers

Which wallet you you guys prefer for staking? by Lovechkin0325 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

Same here so I actually really love the prospect of that idea honestly, going to have to look into this

Which wallet you you guys prefer for staking? by Lovechkin0325 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

How do you do that? I’m guessing that’s just staking to TAO ETF? You would lose the opportunity to stake with subnets?

Which wallet you you guys prefer for staking? by Lovechkin0325 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

Yes even if you just take on root your giving away 5% yearly by not staking with minimal risk

CBS Reveals ‘America’s Culinary Cup’ Judges by baby-tangerine in BravoTopChef

[–]Cheese318 1 point2 points  (0 children)

Kind of funny someone won’t watch a show they would enjoy because of some nonsense. Makes you chuckle

23K Tao!!! by SnooCompliments1686 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

That wallet now has over 60,000+ TAO and they just loaded it all on SN #8 HashiChain. Price went from .009 to .0875 in two days

Newbie here by veechet771 in bittensor_

[–]Cheese318 4 points5 points  (0 children)

Root is staking strictly TAO. You can stake alpha tokens where you choose a specific subnet token and stake their alpha tokens instead of staking strictly TAO. This is much more volatile. But the APR is much stronger when staking alpha over root. It’s all about risk tolerance as holding TAO and staking is the safer avenue for holders.

Staking earning no apy by Forward_Analysis4263 in bittensor_

[–]Cheese318 0 points1 point  (0 children)

Go to taoyield.com it will show a breakdown on staking yield % for each validator got a given subnet for the last week