Nice analysis what also blows me away with Tao is how little is available on exchange due to so much being staked. This is probably why TAO does not correct down very much when the crypto market has a correction.
great video. insane. I would love a video talking about the consensus mechanism, miners, validators, whats a subnet, tokenomics, emissions, halvings all the basic things that would help us forge and idea and also showing the cool tools around Tao. Thanks !!
You make some good points and I really like your method of analysis looking at when coins started increasing relative to BTC last cycle, but I don't know if it's ever going to be a fair comparison to put L1s like AVAX and SOL up against utility tokens like TAO. I noticed a few of the first to pop in the last cycle were LINK and UNI, also utility tokens. Maybe there's something to that? Maybe enough utility tokens need to start trending on an L1 for the L1 itself to gain momentum. You can try to guess right and get in on those big movers, or play it safe on the L1s. It's still a fair argument to say TAO is well positioned to be one of those.
Yeah great to have you back making video's. Much easier to consome for me. I do like yoi x posts as well. But you seem to be going all in on tao. Or did I miss something?
Nice analysis what also blows me away with Tao is how little is available on exchange due to so much being staked. This is probably why TAO does not correct down very much when the crypto market has a correction.
Nice to have you back and excited again phoenix
Hey, thanks!
I'm with you man! Nice vid keep em coming.
Appreciate the support!
Just subscribed after finding you… Tao holding at 300 bucks in this pull back…. I’m buying what I can afford for the long term
Thank you for breaking this down. Genuine analysis, with a unique perspective. Thank you Phoenix
Thanks for your support!
great video. insane. I would love a video talking about the consensus mechanism, miners, validators, whats a subnet, tokenomics, emissions, halvings all the basic things that would help us forge and idea and also showing the cool tools around Tao. Thanks !!
Noted
Amazing observation and clear 😉 thank you Man.
Glad you liked it!
Tao subnets are selling at 10 time's more than they were just a few weeks ago.
Massive value increase in ecosystem not reflected in price yet.
You make some good points and I really like your method of analysis looking at when coins started increasing relative to BTC last cycle, but I don't know if it's ever going to be a fair comparison to put L1s like AVAX and SOL up against utility tokens like TAO. I noticed a few of the first to pop in the last cycle were LINK and UNI, also utility tokens. Maybe there's something to that? Maybe enough utility tokens need to start trending on an L1 for the L1 itself to gain momentum. You can try to guess right and get in on those big movers, or play it safe on the L1s. It's still a fair argument to say TAO is well positioned to be one of those.
Never really know for sure, just looking at probabilities. L1’s were a big narrative last cycle but I don’t think they’ll be as much this time around.
Yeah great to have you back making video's. Much easier to consome for me. I do like yoi x posts as well. But you seem to be going all in on tao. Or did I miss something?
Appreciate it. No I'm at about 70%. But close enough right?
Tao subnets selling for ten times more than they were just a few weeks ago.
okay just between us ryan how much you think Tao could hit ?
20k
Just between you guys I’ll never tell 🤫
What type of Taos. So many Taos out there
You’re thinking Daos…He’s referencing Bittensor, I believe. Get it!
🤦
Bittensor TAO
Facepalm indeed.
@@boognish9869 ?? What is that
😂