jakiro
1. It’s a financial game, just using technology as a guise. There is no so-called decentralization. Brother Dao will never tell you from beginning to end, and Bitcoin can also be rolled back.
I have always believed that if investors look at an ecosystem from a perspective and perspective, the ecosystem will repay investors in a way and angle.
If you look at this ecology from the perspective of games and guise, it is essentially the same as gamblers watching casinos.The rewards that the casino gives to most gamblers is to leave the house and be penniless, leaving only dreamy bubbles and negative fall inseparable from the world.
But if you look at this ecology from the perspective of pioneering and discovery, it will essentially be the same as the Warriors exploring a new world.Although the New World’s feedback to the Warriors will also have tragedies and even sacrifices, it also has miracles and wealth that will change the course of human history, leaving behind deeds that will be recorded in history and a positive and enterprising spirit.
Of course, Bitcoin can be rolled back, and there have been rollbacks in history, when Satoshi Nakamoto was still in charge of Bitcoin development.
These history and allusions are not mysterious at all, and there is nothing to hide. You can see it by searching the Internet.
Not only Bitcoin, but Ethereum has also rolled back.
However, as long as you carefully read the historical background, decision-making process and the regrets left behind by those rollbacks that happened back then, most people can understand everything that happened in that dilemma.
It is true that some people think that it goes against decentralization, but more people choose to believe that there is no way, and choose Bitcoin, which follows Satoshi Nakamoto’s rollback and Ethereum, which Vitalik’s rollback.
Moreover, those rollbacks did not destroy the original version. Investors can still find the Bitcoin version before Satoshi’s rollback and the Ethereum version before Vitalik’s rollback–ETC.This is also a manifestation of “decentralization”: no force can eliminate dissidents, no force can monopolize everything.
We cannot say that because there is no perfect utopia in the world, the world is not worth nostalgic, ideals are not worth pursuing, and hard work is meaningless.What’s more, in the crypto ecosystem, the meaning of hard work has been clearly revealed, and the results of hard work have allowed the world to see the great fruits of decentralization.
2. According to the logic of Kezhou Juejian, the big cake Ethereum will reach its peak around the end of this year. In addition, there is no innovation in the crypto ecosystem in this round of market. I judge that the subsequent increase of big cake Ethereum in this round of bull market is very limited, but at this time institutions buy Ethereum in large quantities. Obviously, they believe that the price of Ethereum is underestimated. Unless the crypto market has separated from the four-year bull and bear market, if we use percentages to evaluate, what is the probability that the bull and bear market will be broken in the four-year bull and bear market?
Actually, I can’t guess what the institutions think in their hearts. I prefer to read the logic of their speeches and their behavior.Judging from their words and deeds, I believe they think Ethereum is undervalued.
The purchase costs of several major institutions that entered the market to buy Ethereum in this round were at least around US$3,400 or US$3,500.From a longer-term perspective, I think this price is indeed not high (but I will definitely not buy it at this price in this cycle. I stopped after more than $2,500).
That being said, many times when institutions look at problems, they become “spiritual”.They may not combine long-term potential with price trends, and sometimes they will find other reasons to perform various fancy operations.
So it wouldn’t be surprising if they suddenly turned aside a while and thought that Ethereum’s overestimation caused them to sell in large quantities.
So I always remain cautious about their words and deeds.
But there is one thing I believe: more and more institutions have indeed realized that in the long run, Ethereum is the best blockchain platform that carries the grand ecosystem.
The reason I think it is very likely that the four-year cycle will be broken is because I believe that this view of institutions will affect many teams in traditional fields, which will lead to more teams from the traditional finance industry entering the crypto ecosystem to start businesses in the future.This will definitely benefit the long-term development of the ecology and shorten the time period for the ecology to explode again.
But this is just my guess. If I have to say how confident I am, I would say it is more than 50%.
