cyrilxuq

The crypto world loves to engage in some begging tactics; I don't care if it's true or not. The only purpose of this story is to tell everyone, "Never invest money that you can't afford to lose."

After 24 years, my heart has become harder than my own ego. If you sympathize with others, will anyone sympathize with you when you are at your low? No, there will only be more disgusting ridicule; that is human nature.

When I first came to Twitter, I was a young kid with 2,000 followers, asking a big shot for a follow because I grew up watching your videos. After earning a few million, he changed and showed a different face. This kind of thing is too common. But are you really sure that one day you won't suddenly lose everything? I've seen too many high rises collapse.

Another case is when I worked on a project myself. At the peak of traffic, more than a dozen VCs couldn't get in. Later, when things calmed down, when I actually wanted to do something, each one laughed it off. Those who used to call me brother wouldn’t even reply to a simple question about whether they wanted to participate; luckily, my buddies actually have money.

So, it's easy to add flowers to a brocade, but it's hard to send charcoal in the snow. To everyone who is going through a low period, I have one blunt truth: "No one in this world will love you; no one will save you; the only one you can rely on is yourself."

Please do not believe that victory is as easy to grasp as a dandelion on a hillside. But please believe that there are always some beautiful things in the world worth our all-out effort, even if it means being shattered to pieces.

@xiaoyinsi2025 is recruiting an operations personnel (Position 2) for this account. The current assistant (Position 1) is busy every day with cherry blossom girls and day trading options, so they are somewhat free now and are no longer obedient slaves.

Requirements: Must work on-site, based in Beijing. Recent graduates up to 3 years after graduation are welcome, preferably in finance, no gamblers please. If you're interested, find the application method for resumes yourself; if you can't find it, don't bother applying, you won't be able to handle this job.

OKX IPO Rumors Resurface

Recently, discussions about OKX seeking to go public have reignited, attracting widespread attention in the market. This is not the first time OKX has been rumored to have intentions to list, but this time, against the backdrop of a generally positive cryptocurrency market and the company's strategic transformation, the topic is particularly eye-catching.

Over the past year or so, during a booming cryptocurrency market, OKX seemed relatively 'inactive' in terms of listing altcoins. Instead, it invested a large amount of energy into the development of Web3 wallet services, which, compared to CEX operations, have relatively lower compliance requirements, providing OKX with the potential to explore broader growth opportunities. From the current perspective, this strategic choice by OKX is undoubtedly extremely wise.

If we turn our attention to traditional financial markets, Circle received a significant premium upon listing on Nasdaq; its market capitalization reflects market recognition of its stablecoin business and compliant operations, with a price of 260 and a PE of 329, which feels outrageous.

By analogy, if a top global cryptocurrency exchange like OKX can successfully enter the public market, its market capitalization may reach an unimaginable height.

This raises a question: what advantages does issuing stocks through an IPO have compared to issuing platform tokens?

Liquidity dilemma of platform tokens: Most platform tokens have a high degree of centralization, with liquidity primarily concentrated within their own exchanges, resulting in very limited actual liquidity available for external cashing out, often leading to a market valuation that feels like 'air value.' Although the market capitalization of most platform tokens is vast, their actual liquidity and trading volume are difficult to match.

External liquidity of stocks: Once stocks are listed, their liquidity will be entirely provided by external capital and individual investors, forming a healthier and more transparent market. More importantly, the overall liquidity of stocks related to the current cryptocurrency industry is excellent, providing investors with good exit channels.

In summary, OKX's focus on Web3 business and its strategic direction towards seeking an IPO undoubtedly demonstrate its profound insight into industry development trends.

circle I understand, you completely can't use value investing logic, this wave of crypto IPOs in the US stock market is purely about playing the meme approach.

Is OKX considering an IPO? Awesome!

Meets expectations. When the third imitation product appears on the market, it is when emotions and capital flows begin to disperse. The sign is Sun Yuchen's SRM.

How did you first come into contact with Eth?
□ Introduced by a friend
□ Learned about it online
□ Informed by the exam institution
✓ Yili Hua's call

After the theft on Bybit, it feels completely unmanageable, and I don't know why, but I always feel that the trend is gone.

Recently, there hasn't been much to do on-chain, and Bitcoin's volatility is low. In the midst of competition among products and exchanges, I'm looking for some changes to observe.

I don't understand why OKX isn't properly competing with Binance for liquidity and instead is focusing on developing on-chain tools.

However, as a newcomer, many of OKX's features are still not fully developed. The smart money signal feature only supports two chains, Solana and BSC, and there is a market cap alert and liquidity alert screening function, which are basic skills essential for trading bots.

Combined with the address tracking feature, it allows for address tracking. Smart money can be discovered through the signal feature and then used in conjunction with the tracking function.

However, compared to already well-developed trading bots, there is still a lot of work to be done. I heard that the TG push notification feature is in development; I don't know when it will be available. OKX has consistently surprised me at the product level. What amazing features will they come up with next?

BTC has recently been as steady as a rock, with not much to see, as the price has been oscillating within a range. At this time, my interest in the competitive landscape between exchanges has increased.

After digging into the data, Binance's spot market share has reached a nearly 12-month high. This growth has been achieved against the backdrop of a decline in overall market trading activity, indicating that users are primarily still using Binance.

There hasn’t been much change in BTC and ETH trading volumes either. Binance currently accounts for approximately 45.6% of BTC spot trading volume, the highest level since July 2024, nearing the historical high of 47.7% in June 2024.

After the theft at Bybit, it feels like they have fallen behind, suddenly losing their voice, which is quite a pity.

OKX has also started doing video live streaming. A couple of days ago, I had a conversation with Liu from the Solana Foundation, and I found the overall content quite smooth.

I've always thought that Twitter Spaces is a very inefficient activity, similar to podcasts, as you can't see the expressions of the speakers and there's no way to further disseminate it. Plus, you can't see the female hosts.

There are only two good carriers for content:

One is text and images, because those who have a high signal-to-noise ratio will prefer this, which is common among us middle-aged folks.

The other is video. Things like podcasts are in the gutter. Of course, you might say you want to bet on the next decade, but how are you going to disseminate it and commercialize it in the meantime? Podcast platforms and Twitter certainly hope you'll follow their lead, after all, it's you who ends up losing.

I think it's a very good approach for OKX to transition from discussing crypto to starting video live streaming. It shows that the marketing department is really thinking about how to expand the brand's influence. However, can they also include some men? Just watching women can easily lead to aesthetic fatigue.

In the end, all businesses must return to the essence of commerce.

The essence of advertising is selling traffic/endorsements. The essence of blockchain does not create value. The reason BTC can maintain its rise is that the world needs something with a fixed total supply, and the halving mechanism ensures increased difficulty in subsequent mining. Therefore, BTC is a brilliantly invented thing, attempting to guarantee value through a rigid, mechanized system, combined with VC's pursuit of high ROI and the excessive issuance of currency by the U.S. government, which has led us to today.

Any product can create short-term FOMO and emotional speculation, but if it goes against the essence of commerce, it will inevitably fail to transcend cycles.

Ready to revive Surfing Plus, I've figured out US stocks and crypto, the flywheel is about to start, and assets will increase geometrically.

I really like a saying from a picture on the internet: The market sense is back, I exploded.

Stock market and cryptocurrency will eventually have a crash

When will it come?

Bought a bunch of office supplies, and when I calculated, it turned out to be just a few hundred dollars, I really wasted too much in the past.

Your beloved crypto KOLs

I saw many KOLs talking about how OKX recently launched an address radar feature. I briefly experienced it and chose a popular one at the time, Trump, to see who made the most profit. In the Chinese community, I noticed that Wang Xiaoer’s address was included, but other on-chain emperors in the Chinese community might not have been labeled yet. However, I estimate that if they plan to develop this kind of on-chain tracking system in the future, they will eventually need to collect a large number of KOL addresses, and the head-tail effect will become more evident.

This custom filtering feature is also quite good, allowing users to select time periods, profit amounts, win rates, trading volumes, etc. For players like us who do not monitor the chain every day but want to take on large positions in meme assets, it may have some auxiliary benefits.

However, some designs in the product are still quite strange. For example, the 7-day yield is calculated using HKD, and I have never understood why OKX prefers to use RMB/HKD as the unit of measurement. Wouldn’t it be better to use USD directly? They insist on providing some extra options. After some searching, I found that changing the currency to USD is actually done in the language option in the upper right corner. If you cannot find it, you can click the small globe in the upper right corner to change the currency unit.

Gaokao scores are out
Chinese 11 points
Mathematics 7 points
English 14 points
Physics 19 points
Chemistry 30 points
Biology 30 points
Peak match 2130 points
Binance Alpha 230 points

Offline, there isn't much interest in meeting people from the cryptocurrency world, and I have hardly seen any women from the crypto space. The only time was when I met someone in Wuhan; we had known each other for many years through Web2, and there was a female friend from the crypto world at the dinner table.

After entering the crypto space, I haven’t attended a single offline event. There are quite a few women who have reached out to chat with me, asking about work and entrepreneurship, and I always give advice. However, once the topic shifts to personal issues, I just laugh it off and play poor. The questions I always ask are about the cryptocurrency you just bought.

I know my own level well enough; there are no good women in the casino, nor good men. Let’s just stop, everyone shouldn’t be so sexually repressed. Behind it all, there’s a desire for physical relationships or money; it all stems from primal desires, which is pretty meaningless.

Continuing to play Red Alert.

The issue of 10 million that I mentioned before has already sparked discussions among employees of large companies + research in the crypto circle on how to manage finances = =, let's see if any new topics will come up.