Laughing and cursing about the cryptocurrency circle

The rising price of coins is a headache, and the account replacement is new. I advise you to buy another coin, otherwise there will be no friends after the halving.
————Revised Poem

After three months, I saw the price of the coin soaring like a rocket. It is approaching the 4,000 yuan mark. There are cheers in the coin circle, as if the prosperous times are still coming quickly, the great revolution will succeed soon, the trumpet of communism is almost resounding around the world, and 72 virgins have finished bathing and are waiting for the emperor's favor...

This kind of revelry makes the back of the neck of the stranger feel cold, and it feels wrong. It vaguely resembles the atmosphere at this time last year when everyone in the A-share market was shouting "10,000 points is a sure thing".

"Fuck! Stranger, you've become bolder after not seeing you for a few months. You start to talk nonsense as soon as we meet. Come here! Break my legs...!"

Before I could finish expressing my feelings, many people had already started shouting and clamoring. The stranger immediately wished that his parents had not given him two more legs, and he ran away as fast as he could to avoid the tragic fate of becoming a "guest".

But even though I was running, I still had to speak, so I swung my arm with one hand and held the loudspeaker with the other, and continued to spread "heresy."

“Bitcoin has been around for thousands of years and has always been the dominant force in the industry…”

Okay, the scene is over, let's get down to business. Today, I took a break from my busy schedule and came here to have some fun and discuss the current trend of the cryptocurrency world.

1. Is it really okay?

The cryptocurrency expansion controversy has been going on for several months, but the blockchain congestion problem has not been properly resolved. Users still have to endure a long wait.

On May 26, a friend posted on WeChat Moments that the blocks had been full for eight consecutive hours, all of which were 999KB in size, very close to the 1MB limit. In this case, how can the speed be increased without expanding the capacity?

Someone once said: For Bitcoin, as long as it is not a problem of Bitcoin itself, whether it is "good news" or "bad news", it is good news for Bitcoin. However, the current blockage of the blockchain is obviously a problem of Bitcoin itself, which is the worst news.

The bad news triggered a big debate, the big debate triggered a big verbal fight, and the big verbal fight made the entire cryptocurrency circle filled with the smell of shit thrown at each other... In the end, it seemed that the Core faction had won the battle, and the people who originally supported classic were criticized to pieces.

The trouble is not just from within. Many people are immersed in the pleasure of "trampling Classic" under their feet, but no one is doing the work...

Isn’t Bitcoin the most typical economic product? When did it become “based on class struggle”? Whether it’s the forced adoption of Classic or the soft fork of Segregated Witness for Core, they should have given users some real and reliable solutions. Why is it always blocked?

Usability is the first prerequisite of a currency. If the Bitcoin blockchain remains so congested, international remittances may take a week to complete, and then the opportunity will be lost, not to mention the “rapid transfer” of wealth.

I am also curious about what methods are being used to solve blockchain congestion, and when will these methods be effective? Could it be that the industry has already understood the essence of territorial disputes and is going to drag it out? Shelve the dispute, jointly develop, and then issue some statements, claiming that the next generation of programmers are smart enough to solve the above problems?

This is a strong way to pass the buck, oh my god!

Although I am very optimistic about Bitcoin, the foundation for Bitcoin's takeoff has not been laid well. Although it is dangling in the sky now, shouldn't we be on our toes? For those who take this opportunity to shout "100,000 dollars" and continue to buy crazily, I can only give a classic saying:

"Haiyan! Be more careful!"

And this heart, whether it is determination or patience, can only be witnessed by time.

But damn, blockchain is definitely not a bad thing!

2.2 tokens come again, again, again...

The second token DAO was really popular, and was known as the world's first crowdfunding. The price was also shocking to the spectators and shocking to the players.

I am not well-educated, but I really don't understand, are people's brains too smart these days, or are there too many fools to be deceived?

Ethereum has become the "crowdfunding model" in the cryptocurrency world. A bunch of programmers raised a lot of money and complained every day that they didn't have enough money to spend. When I took out the payroll, I saw that everyone's salary was enough to buy Tiantian Dabaojian dozens of times.

But maybe they are just pure people who put their money into such a great cause as "speculating on Ethereum"? It would be nice to reap a few more small profits, so why not?

Why not just do it again this time and continue crowdfunding? This reminds me of a joke from a long time ago: A tortoise built a house in its shell. Guess a product - Cover in Cover! As a result, the tortoise tore off the house in its shell and built a new one. Guess another product - New Cover in Cover! The tortoise tore off all the houses in its shell and built several more. Guess the product - Giant Cover!

These methods are indeed unique and outstanding, but in the final analysis, they cannot escape the fact that the initiator is the turtle...

Bitcoin can be used to buy things, and the production of Bitcoin also consumes electricity. Whether it is production or consumption, Bitcoin has a relatively good ecosystem. Why do you want money for the second token? Do the majority of players owe you... There are no products, and even the code is written after taking the money. Don't you feel guilty?

In the final analysis, there must be a question of profit model, right? Bitcoin is simple. Even in China, exchanges can make money and mining can make money. How can a second-hand token make money? If it doesn’t make money, what’s the point? Is it just to spend the money from the first crowdfunding and then have another crowdfunding transfusion?

At this time, some die-hard fans of the second token may come out to refute it, because some people buy the second token, and then make money when the price rises, and the market is getting bigger and bigger...

Stop, the above is suspected of a Ponzi scheme, please ask the public security organs to investigate carefully.

3. Complex Cryptocurrency Industry Practitioners

Blockchain is so popular that there are not enough experts.

In fact, since 2015, the name of Bitcoin has gradually changed. How vulgar is it to talk about money? We should talk about technology! Yes, blockchain technology! So the coin speculators have become senior blockchain experts, a programmer has become Satoshi Nakamoto, and even Song Huanping has become Da Hongfei! (If you don’t even know who Song Huanping and Da Hongfei are, then just ignore what I said. In fact, it doesn’t matter whether we talk about these two or not)
They ate pancakes while talking about how blockchain will dominate the world, ignoring the past sayings such as "If you don't buy coins now, you will never buy them again!", "Bitcoin is worth $100,000!", "You can buy any BBQ below $7!". No wonder most people in the cryptocurrency circle are forgetful, and those unbearable memories have all gone with the wind!

The only comforting thing is that there is still Chen Sijin who has been sticking to the "coin black" position! Although Chen Sijin's speech is incoherent and illogical, and he always says "scam" and "dead cat rebound", at least he has a firm position. Even if he insists on going all the way and hits his head until it bleeds, at least "I have persisted before", and maybe he can even sell a few "Chen Sijin's works" by the way.

On the contrary, no one cares about the people who really work hard to promote Bitcoin. For example, the Lightning who cleared his position worked hard to write articles and give lectures, but few people rewarded his articles, and his lectures also had zero viewership. Those who see it are sad and those who hear it cry. Poor stranger is also a loser. He can only give a few cents to encourage him to continue to persevere. He can't afford more.

The cryptocurrency circle is really not big, and the means of promotion are really very limited. Apart from exchanges, mining, and related media websites or apps that can make money, the only one who can guarantee that he can make money is definitely "Bitcoin Teacher Yang".

Teacher Yang is a rare talent. How can it be so easy to be a "professional expert" in the cryptocurrency circle? Many cryptocurrency traders have gradually become "indistinguishable from the crowd" or "they are too shameless to hold on any longer", but Teacher Yang is still active in the cryptocurrency field with his "guaranteed rise and fall" strategy. The foreigner has to secretly give him a thumbs up and sigh in his heart: He is so shameless.

In fact, how many people in the cryptocurrency circle pretend to be ignorant when they know the truth? And how many people pretend to be clear when they don’t know the truth? It’s hard to tell.

Well, after all the laughter and scolding, it's time to end. I hope that all viewers will think rationally, have fun playing with coins, and make money.