Filecoin staged a mass exodus? Investors: short after reaching a high

Some people say that the Internet is the printing technology, while blockchain is the printing technology of money. The Internet makes printing possible, while blockchain creates wealth. People believe that blockchain is expected to set off the most magnificent revolution of this century, and Filecoin may be the most beautiful boy in this revolution.

In 2017, Filecoin became popular overnight, raising $257 million and winning the title of No. 1. People thought it would continue to advance and create more myths, but unexpectedly, Filecoin suffered from the "devil fruit" of "delayed payment" and let everyone down from time to time.

It is precisely because of this strong contrast that Filecoin has never been able to escape the vortex of controversy (of course, some people believe that the previous experience of Kuaibo is the fundamental reason for being dissed). However, the other side of the controversy is the focus. Even if other hot spots emerge, the spotlight will still shine on it from time to time.

On September 29, Filecoin (FIL) announced that the mainnet will be officially launched at epoch 148888, and it is expected to reach this epoch around 23:00 on October 15. So, it once again stood at the center of the stage.

01

Looking forward to it, looking forward to it, the mainnet is getting closer!

In order to safely launch the mainnet, Filecoin officials have made a lot of preparations in advance. They adopted a phased approach, adding various participants in the ecosystem, including miners, storage users, custodians, applications, network services, etc., to the network at different stages before officially launching it.

The Space Race Bounty Program is one of these strategies, the goal of which is to stress-test the network and encourage participants from around the world to help the Filecoin network and operators prepare to adapt to future usage, traffic, and performance on the mainnet.

According to public information, Filecoin's space race lasted more than a month, with more than 500 miners contributing more than 500PiB of effective computing power, and 399 storage users and applications performing more than 282,391 storage operations in the Slingshot competition. Various ecological participants conducted comprehensive tests on the network's functionality, security, and resilience.

As some netizens said, both the Filecoin project and the ecological participants are "boosters" for the launch of the mainnet. Finally, the mainnet is getting closer and closer to us.

02

Investing or speculating, everyone hopes that the mainnet will be launched sooner

"I fucking hope it goes online soon!" said investor Lao Liu, unable to contain his emotions.

During the conversation, Lieyun Finance strongly felt Lao Liu's urgency. Just like Wang Cuiping (played by Yao Chen) in "The Hidden" waiting for Yu Zecheng (played by Sun Honglei) to return on the hilltop, that kind of eagerness penetrated the screen.

Lao Liu did not hide his speculative mentality at all. He even said directly, "I didn't know much when I bought the mining machine last year. I just followed my friends and invested because I wanted to make a fortune. I didn't dare to switch when I saw the negative voices, because I was afraid that the decline in the price of the currency would affect mining. Moreover, there was no time limit for the launch, which made people feel uncertain. Fortunately, the main network is about to be launched."

At present, whether it is investment or speculation, everyone hopes that the main network will be launched as soon as possible. The media is also looking forward to the launch of Filecoin main network, and it can even be said that it is no less than Cuiping looking forward to her husband's return.

Some media have also launched live broadcasts, hoping to witness the long-awaited launch moment with everyone. If nothing unexpected happens, the media teachers will also be very busy, staring at the screen and looking at the K-chart to avoid missing any topic selection opportunities.

But what happens after the mainnet goes online?

03

Are you worried that Filecoin will be paused or terminated?

According to Feixiaohao data, as of 17:00 on October 14, FIL's seven-day increase reached 64.95%. After the mainnet is launched, what will be the trend of FIL? Will it rise again? Or will it fall? What strategy should be adopted?

Some investors told Lieyun Finance that they opened short positions after the market reached a high point, and some investors even said that they had to open short positions at high levels.

Lieyun Finance also learned that some investors had already made their moves on October 14. "I have already sold FIL. Once the mainnet is launched, it is guaranteed to fall." The reason given by investor Lao Li is: "Everyone's patience is limited. After so long, everyone will sell once it is launched. Why not sell now?"

Another netizen posted his order in the social group, saying that he was going to post it as a souvenir and that he would sell it immediately.

Thus, the picture of Filecoin's great escape is presented to everyone. Either it is being dumped or it is on the way to being dumped.

FIL market trend (data at 17:00 on October 14)

However, some investors also said, "We have already paid homage to FIL, so this little bit is not a big deal. It has taken so long to go online, so there is no need to rush to sell FIL. Besides, I think FIL investment is better than those air coins anyway."

A few days ago, during a community discussion, someone raised this question: What are you most afraid of when you are moving forward with full confidence?

Thinking about Filecoin, was the pause button or the stop button pressed?

As William, chief researcher at OKEx Research, said, "The biggest risk of Filecoin lies in legal risk. Currently, most of Filecoin's network nodes are concentrated in East Asia. After the official launch, there may be problems with content infringement and whether the data complies with local laws. For example, cross-border flow of data and storage of sensitive data are all facing great risks."

Lieyun Finance also mentioned in the article "Bitcoin Miner: IPFS is a joke!" that veteran miner Dong Jieli (pseudonym) believes that for Filecoin, Kuaibo's Wang Xin is a lesson for us.

At that time, was it "I finally waited for you, glad I didn't give up!", or "This time, it's going big!"?

In One Piece, Usopp is very timid and trembles when encountering something. Luffy, Sanji, and Zoro are not like that. This is not only related to their personalities, but also to their abilities. When a person is strong enough, he will not be afraid. What do you think?

Some people say that Filecoin is a beautiful cactus that can only be admired from a distance and not played with. What do you think?