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"Chia Coin" will crash IPFS mining machines, and the team behind it is extremely dangerous! Speaking of hard disk mining, it is also an important sector in this bull market. Who let the domestic MLM army jump around for three years and are unwilling to give up hard disk mining? ! If you missed Bitcoin and Ethereum mining, don't miss IPFS hard disk mining. It saves time, trouble, and effort, and this will be the beginning of your wealth freedom, and the beginning of the elimination of the POW mechanism of blockchain. We will surpass Bitcoin!
Do these slogans sound familiar?
They brainwash you online through voice, groups, WeChat public accounts, offline studios, cocktail parties, blockchain conferences, and viral brainwashing. What is the purpose? To make you take out the small part of your savings that you earn from running takeouts, working frugally, and not willing to buy clothes for your children. They even recommend you credit cards, borrow money, and various online loans, and talk to you until you are moved and willing to spend money to buy mining machines? !
No matter how you look at it, it has the flavor of a Ponzi scheme, right? If I hadn’t been busy with my own business a while ago, I would have already started criticizing hard drive mining? !
In my opinion, this is a scam tailor-made for the Chinese and has been deeply rooted in people's minds. Speaking of Chia coin, I'm afraid everyone is familiar with it now. Whether you search in China or on YouTube, Twitter, etc. abroad, you will see these big Vs or leaders, or the people who sell computing power and hard drives in the computer room. And the people who keep talking about how awesome hard drive mining is and how many good visions there are are most likely these people!
On the one hand, there is the sheep head hanging high, the genius founder, Bram Cohen A star lineup, big-name investments, A16Z, Danhua Capital, DCM VEBTURES and other Wall Street institutions, as well as the famous US listed exchange Coinbase were also dragged into this. I am really speechless. There is basically no source to trace for these, only some media have reported on it, that's all.
The overblown vision is that Bitcoin will be replaced. Why? Because Bitcoin pollutes the environment and does not bring any value to society. Creating a new MA smart contract language Chialisp, is this an attempt to surpass Ethereum's Solidiyu?!
I feel embarrassed when I see this. Domestic projects always come out with a bunch of Niu Feitian series every once in a while. On the other hand, because of the hard disk mining in the currency circle, the price of hard disk in the hardware circle has risen sharply!? Is it true? ! The circle of friends is promoting CHIA mining all over the world, and each of them has a variety of misleading words. Have you noticed that the group of people who promoted Fil mining machines before immediately turned around and started to promote CHIA mining machines? !
The editor realized that this is not a simple cx project, but a cryptocurrency funding pool with a large number of cx teams. It is almost the same as the promotion of mining machines two years ago when FIL was not launched.
We all know that after 94 in the currency circle, 1CO and pre-sale of tokens were banned in China. Now the practice of hard disk mining has also raised the threshold of the originally simple 1CO in disguise. The coins that could have been directly exchanged have become something that requires you to spend a lot of money to buy a hard disk machine hosting room to do pre-mining. Then, after you spend a lot of money to buy a hard disk, the next problem you face is the problem of trading crashes!
At present, some OTC futures have different prices and depths, and the OTC selling prices are ridiculously high! You have to understand that this is just futures, not spot prices. Everyone wants to dig, sell and withdraw, so who will take over?
What is the hidden nature behind the current crazy hype? Of course, now is a bull market, even self-media with some fans are thinking of taking advantage of the enthusiasm of the bull market to cut a few fans, not to mention those bigwigs who eat the blood buns of capitalism, how can they miss such a good opportunity? !
The editor is brave enough to affirm that XCH will definitely rise and fall sharply after it goes online, and then harvest. With the end of the bull market, it will not affect people's careers. Okay, it's over! Sprinkle flowers--
To be honest, many details of this kind of coin cannot be verified. You cannot contact the founder of BT to ask him whether he participated in the research and development of Chia coin, just like you cannot ask Coinbase exchange whether to list XCH.
Such high-quality endorsements and qualifications, such perfect business logic, coupled with extensive media exposure, give investors a very intuitive feeling that they cannot miss out on CHIA coin.
Now is a bull market. We have been thinking about a question over and over again. Why is a project that has been immersed for 3 years being hyped now? ICO is done in the name of selling mining machines. Isn’t it just to make a lot of money at the peak of the bull market? As far as I know, many leaders of capital groups buy computer rooms in groups and then sell them to their own teams and fans who believe in them. You know, no one knows how much Chiacoin can stretch after it goes online. It is an ironclad fact that mining machines are sold to these physical bosses and retail investors at high prices. A 1P mining machine is at most 200,000 yuan, but others sell it to you for 300,000, 400,000, or even 800,000 yuan. Don’t they have any conscience?
The leading miners seized this opportunity and sold a lot of mining machines, and of course they made money. But as retail investors, you have to calculate the cost. Based on the current price of hard drives on the market, is it cost-effective for you?
As retail investors, we have very little advantage, so we cannot blindly invest in mining projects. Moreover, it is a bull market now and the market conditions are very good. We must consider the long-term, sustainability and risk of the project, rather than just following others to buy high-priced mining machines and then wait for coin production. We must consider the trading issues after the launch, just like before FIL was launched in the early days. We had to ask questions repeatedly and think about problems repeatedly. I personally think that buying mining machines before it goes online will bring more benefits than risks, unless you buy a hard disk mining machine at a very low price, otherwise what you buy now is definitely a high price, and in terms of time and space, it is lower than those merchants who started running earliest!
So, let’s not look at the genius founders, the star team, or the products of the bull market. The numerous favorable factors and the media bombardment may not be a good thing. The more such things happen, the better to stay away from them!
It is impossible for CHIA to surpass Bitcoin in terms of status. Where are all those coins that claimed to surpass Bitcoin in the past few years?
So what is the future of CHIA?
I guess it’s all thanks to the brainwashing bombardment of the media, the imagination of retail investors and the nonsense of the leaders of the capital pool. At least it is difficult to realize the vision written in the green paper, surpassing Bitcoin, replacing Ethereum, being incorporated by SWIFT, and completing the unfulfilled wish of Libra. To be honest, I laughed like a goose while writing this?!
So what to do now that the fight is over? CHIA is smart because it was able to attract such an excellent team of stars, and also boarded the Bitcoin train and blew the slogan of hitting the FIL interstellar mining machine. The necessary factors for their existence are:
Catering to the hot spots of the current bull market
Storytelling satisfies hype space after all three years, after all there are BT bosses
There are dealers who control the market from the source and control it strongly. Control here means controlling the rhythm and progress of the entire time. Think about it, Dogecoin is popular, and then even shitcoins came out in the currency circle, and they can be hyped more than ten times in a week with just a few telegram groups. Can it be realized by imagination? Maybe this is what old leeks often say about the bull market. A pile of shit can fly to the sky. The brother who has experienced two bull and bear markets is also surprised. So, you see, CHIA imitates these successful cases, so success only needs to be copied to succeed!
So is CHIA the holy grail that will detonate energy-saving mining with the POS mechanism, or is it the bomb that will destroy hard drive mining? Let’s wait and see! Source: Capital Ranking |
