The pipe protocol is here. Within three days, it became a new Bitcoin ecological protocol with prices ranging from 20u to 300u per piece.

How to understand?

ordi (brc20), atom (arc protocol) and pipe (conduit protocol) are called the Bitcoins that retail investors should value.

ecology

First of all, let me mention the background of this wave: I am not optimistic about the rapid rise from 2w6 to 3w5 this time, because I woke up from a nap and thought about 312 all the way.

First, before the ETF passed, these buyers did not buy it, so the ETF rose to such a high level? Then their bankers and BlackRock will buy Bitcoin at high prices?

Second, many people are currently in a wait-and-see mode, waiting for Bitcoin to fall sharply to 312 before entering the market. So, if it quickly rises a few times, is it "fuck, the bull is back?! Come back quickly!" Waiting for us to be impatient. Now that we’re in the car, the bull market will start for a few months, right? Then, will 312 hit? Will it break the average person’s expectation of waiting for 312 to fall by half? Which script will take the bait and end up with a bloodbath that will be worse? Will a value investor like me firmly understand that the financial market is about reaping after the blood and become a speculator?

Third, this time ETF is like the wolf coming! The wolf is coming! I shouted that the ETF is about to pass! result? It really gives you a big positive line! Big surge! Beyond your imagination! Doesn’t it match the joy and excitement of you at the moment? Then you can’t wait to buy the dip? After so many times of training like Balov, it can be understood that any good news on ETFs next time will give us retail investors the conditioned reflex to get on the ride as soon as they hear about the good news about ETFs. And so, I want to ask? Such good cultivation, harvested with this knife?

Where are you hiding, ready to fall?

Dancing with the banker, dancing with the banker, we are doing swings. This wave of bullish bulls riding on Bitcoin will definitely not end quickly. It will definitely last for a month or several months, and then fall again.

Therefore, only short-term funds are involved. As for the real bull market, it is not worthy of a full position stud. Either play with the contract, or take half of it and participate. Anyway, we will accompany you in the play played by the banker for retail investors, but if you want to make a big drop, I will leave early, leave the market, cut the flesh, and stop the loss. Anyway, this big drop cannot be without you and me. Otherwise, where would the old leek be?

Returning to the Bitcoin ecosystem is what I think is the alpha return of Bitcoin spot, because ordi has risen to 4.1u each today, atoms are 220u for 1,000 each, and pipes are 300u for 1,000 each.

So why buy some? It is because this is the good actor who has the largest increase in the script of Bitcoin's rise. (Of course, when the time comes, these three will be the worst, far worse than Bitcoin)

Well, if we see that Bitcoin will fall, all the coins in the Bitcoin ecosystem will fall even more sharply.

Let’s talk about the fundamentals of these coins and start from this script and end with the big collapse in a few months. In this short period, why are we bullish on ordi, pipe and atom.

Not to mention Ordi is the leader of the Bitcoin ecosystem. Which founder created it? The answer is casey (Twitter: @rodarmor). Casey suddenly got excited a few days ago and proposed that there might be a similar alternative to the ordinals protocol, which is also simpler. Then he wrote on his blog and proposed the concept/protocol of inscription runes. , and then there was a young man named Beny, the founder of trac, who is a serial entrepreneur! ! He felt that the way the Runes protocol was issued was unfair, so he upgraded the Runes protocol to make it fairer! So he started so many projects in succession! This time pipe! A success!

Why?

Because pipe is the first token of runes protocol, founder of ordinals!

and!

Pipe is the first token after the upgrade of the improved version of the runes protocol!

This is why pipe is now favored by both the founder of Ordinals and Beny, a serial entrepreneur (the founder of trac)!

So the inventor of ordi has an upgraded version of the new protocol!

In fact, there is another agreement that you may not know. Beny, the founder of Trac, has previously made a product, which is an upgraded version of the BRC20 protocol based on Casey, the founder of Ordinals. The name is tap!

In other words, in addition to the most famous pipe agreement today, Beny also made a tap agreement before, and his own company’s stock, called trac!

trac is a stock! Tap is the first token of brc20’s upgrade protocol! Pipe is the first token of the new and upgraded runes protocol that has become popular in the Chinese circle, from 20u to 300u!

I generally look at people when investing, and I think the success of pipe is based on the intersection, which is the dual focus of what Casey is optimistic about, and the dual focus of Beny, who has repeatedly failed and won singles and has top-notch technology!So I recommend just buying the pipe agreement.

So, will the pipe fall quickly? It's possible, I can handle this myself, haha, I can't help it. Buying some yourself is just an opportunity to gain a beta gain that exceeds Bitcoin’s alpha gain! The more you want to earn, the higher the risk will be!

Finally, pipes can be traded in the OTC groups of Baicai, Xiaochuan, Engraving, and Bubble Bobble. Buying a few or dozens of pieces is enough. You see, all my src20 investment was in vain. You should buy some of each of these agreements. We all participated in the purchase. What we fear most is that when we buy pipe, alas, atoms have gone up. When we buy atoms, alas, pipe has gone up! So buy a little of each. ! Winning money in the end is victory

latest news:

Pipe is an institution that invested in trac’s parent company!

Pipe debuts on Coingcko platform and opens up a new category for tokens on Bitcoin

Now it seems that a pipe of 20u to 260u is a bit high. I recommend lowering it to around 200u and there is no background for Bitcoin to fall. Remember to buy one. Of course, if you are not optimistic about it, just buy Bitcoin or do Bitcoin contracts. (The picture below is Baicai’s understanding)