鱼三狗

Suddenly, a question arises: how does Ding Lei's NetEase make money?
Today, I saw the latest Forbes China ranking, where Ding Lei is ranked sixth. Then I looked through the rankings over the years, and Ding Lei has never dropped out of the top ten. However, I haven't heard of any significant moves from NetEase in these years. Look at Liu Qiangdong and Lei Jun, who are so hot right now, yet their net worth is not as high as Ding Lei's. I used to know that Ding Lei's company was into gaming, but now gaming is basically dominated by Tencent. What are they relying on for revenue? So I went online to find answers and got educated by netizens.
Netizens said: Tencent's games get a thousand people to each spend six yuan. NetEase's games get one person to spend sixty thousand. The underlying logic of NetEase games and Tencent games is completely different. Tencent's games are nurturing types; you can play with small investments and minimal effort, and they don't support item trading, making account value low, and you don't even truly own them. NetEase games are management types; you need to pay to work, and both accounts and items can be easily converted to cash, which can be used for investment, trading, or even money laundering. The average NetEase player is not as happy as a Tencent player, but top-tier NetEase players definitely laugh at Tencent players as being big spenders. A treasure chest differentiates NetEase completely from other gaming companies.
In 'Dream of Dreams', there are 6 million online players at the same time, with a card cost of 0.6 yuan per hour, but that's just the minimum. The in-game trading platform 'Treasure Chest' has daily transactions worth tens of billions, and NetEase takes a 5% transaction fee. Do you think it's profitable? Not to mention the in-game 'Immortal Jade' system, which has substantial profits. A game account can sell for hundreds of thousands, and each transaction incurs a fee of over ten percent.
In 'Journey to the West', a double ultimate holy monkey is priced at 1.3 million. You can carry 20 of such pets, and store 10 more at home. Spending hundreds of thousands to play 'Dream of Dreams' won't even make a sound; you can get killed in an instant. If you want to survive, you have to invest a few hundred to a thousand; otherwise, it's simply impossible.
The key point is that Ding Lei truly loves his company. He hasn't sold shares for cash until he made money. To this day, Ding Lei holds 46% of NetEase's shares, and NetEase has a net profit of over 30 billion each year. Excluding stock market value, no one else in mainland China can produce as much cash as Ding Lei.
Among the original three major portals—NetEase, Sohu, and Sina—only NetEase is still thriving.
Looking at Ding Lei's success, could it provide some insights for entrepreneurs in the crypto space and GameFi?

🚨 【The Shocking Revelation of the Crypto World in 2013! These Major Projects Stand Tall, and the Truth Behind Them is Exposed】

In 2013, the first wave of blockchain projects in the crypto world emerged. Apart from a few major projects like DOGE, XRP, and LTC that have weathered the storms and successfully reached the peak of the crypto industry, many projects that were once at the forefront have long disappeared into the annals of history, becoming nothing but a pile of feathers.

The market always follows the "80/20 rule." Investors must remain cautious and conduct in-depth research on the market and projects to stand out in this fiercely competitive field.

The Bitcoin BIP proposal suggests redefining the smallest unit 'Satoshi' as 'Bitcoin', that is, 1 Satoshi = 1 Bitcoin.

The Bitcoin community is discussing a proposal aimed at eliminating decimals and redefining the measurement unit of Bitcoin, replacing the current smallest unit 'Satoshi' (referred to as sat) with 'Bitcoin'.

This proposal was put forward by Bitcoin advocate John Carvalho, who argues in his BIP proposal from December 2024 to split 1 Bitcoin into 100 million 'Satoshis', directly defining the smallest unit 'Satoshi' as 'Bitcoin', meaning 1 Satoshi = 1 Bitcoin. This implies that the current 0.00010000 BTC would become 10,000 Bitcoins.

Recently, this proposal has gained renewed attention from the community. Carvalho pointed out that this proposal would align the Bitcoin unit with its underlying protocol, simplify system understanding, and lower the cognitive threshold, thereby improving education and user experience.

However, the proposal has also sparked divisions within the community. Some supporters believe this change addresses the 'unit bias' that makes Bitcoin seem overly expensive.

Yet, some community members have expressed concerns that if the total supply expands from 21 million to 21 trillion, then the cap of 21 million Bitcoins may lose significance, undermining the core foundation of Bitcoin's scarcity narrative.

At the same time, the real benefit of the BIP is that it encourages us to focus more on explaining the smallest unit 'Satoshi' (sat), as it is the fundamental measurement unit in the Bitcoin protocol, code, and blockchain.

Despite the many disagreements on this topic, Carvalho's proposal is gaining more support. He even posted on the X platform that, although still a minority supporting this proposal, more and more people are beginning to accept the idea of referring to Bitcoin's smallest unit as 'Bitcoin'.

In summary, whether this proposal will ultimately be accepted by the community remains to be seen. However, the ongoing debate highlights that even the smallest unit adjustment can make Bitcoin more accessible to the general public.

What do you think about this proposal that may change the way Bitcoin is measured? Do you believe replacing 'Satoshi' with 'Bitcoin' as the measurement unit could lower the public's understanding threshold for Bitcoin?

#计量单位 #加密货币 #比特币

Zhang Dazhen and I share the same opinion, the current market is a bear market, there has been no change in the fundamentals, the market lacks money, and wanting a bull market requires money to accumulate; this is the essence of a bull market. Currently, it is just an emotional release!!!

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#美国加征关税 $TRUMP

A brief introduction to the dinner

Shocking Gaffe! US Vice President Vance's "Country Bumpkin" Insult to China Backfires, Bringing Global Embarrassment! 😡💥

Recently, in an interview with Fox News, US Vice President Vance spoke without restraint, referring to the US "borrowing money from Chinese country bumpkins to buy things" while discussing Sino-US trade, directly using the term "farmers"—however, the Oxford English Dictionary clearly labels the derogatory tag of "lowly," which is far from the neutral "farmers"! As soon as these words were spoken, public opinion exploded, and netizens exclaimed: "Is this Vice President time-traveling?"

Group mockery mode activated, Vance was thoroughly ridiculed.

BuzzFeed did not hold back: "This is truly an 'embarrassment claim' by Americans!" Netizens unleashed their firepower: "It's the 21st century, and you still think China is in the 1950s?" Some threw data in rebuttal: with the world's highest railway density, the safest country rankings, and ultra-convenient mobile payments, "Can you handle such 'country bumpkins'?" Even more keyboard warriors chimed in: "I suggest Vance come to China and take the high-speed train to open his eyes!"

Outdated Prejudice

Analysts sharply pointed out that Vance's "Cold War mentality" exposed his ignorance of China, which is not just a joke but could further inflame Sino-US relations. The White House remains silent, but public anger has already embarrassed the government. In an era of globalization, still viewing China through outdated and colored lenses will only lead to self-inflicted humiliation. What do you think?

I heavily invest in LUNC spot with 4 points.
1. Binance only burns BNB and LUNC.
2. Extremely low market value, only 400 million USD. (100 times)
3. More resistant to downturns than BTC.
4. Deflationary. (The only blockchain in the market that taxes 0.5% on transaction amounts, and the only public chain that can be deflationary besides BNB.)
What more do you want?
Answer me, look into my eyes? Tell me why? Why? Babe, why?

Translated into plain language, if China insists on imposing a 34% retaliatory tariff on the United States, then the U.S. will raise its tariffs on China by an additional 50%, making the total tariff 104% (20% + 34% + 50%). Furthermore, all negotiations with China will be halted. If China continues to be stubborn and raises the 34% to 50% or higher, what will happen next?

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

One thing that everyone might have forgotten is that Trump is a very capable person, smarter, more strategic, more intelligent, and more experienced than the average person. If you think he is dumber than us, then there is an 80% chance that we are wrong.
I increasingly feel that his tariff war might win, bringing huge benefits to the United States, making America even stronger, and the US stock market will welcome a historic rebound.
Over the weekend, I kept hearing that countries are yielding to Trump's tariff policy. Countries choosing to surrender on tariffs are becoming mainstream, with Australia, India, New Zealand, the Philippines, Cambodia, and Israel directly softening their stance and expressing acceptance. European countries are already fragmented, each with their own thoughts, while our neighbor, Vietnam's General Secretary Nguyen Phu Trong, directly called the United States, willing to reduce tariffs on the US to zero. Currently, the only country in the world announcing countermeasures by raising tariffs is China.
Do not underestimate Vietnam; according to US data, in 2024, Vietnam's trade surplus with the US will reach $123.5 billion, second only to China, the EU, and Mexico. It is a significant trading power with the US, so Vietnam's statement is of crucial demonstrative significance.
Objectively speaking, if the majority of countries in the world choose to accept reciprocal tariffs, after the US tariffs decrease, it will definitely benefit American companies' exports! The competitiveness of foreign trade exports will soar, and export volumes may rapidly increase, leading American companies to start making huge profits! Corresponding government tax revenues will begin to increase significantly! Then for imports, the US is the world's largest market. Although tariffs have been significantly increased, countries will still need to export to the US; they cannot give up the US market. Therefore, the US's tariff revenues will skyrocket!
US export companies making huge profits + US government tax revenues increasing + US government tariffs increasing = the US government and companies getting richer and richer! When there is money, naturally, everything else is no longer a problem. The small issues like American residents not being able to buy Chinese TVs, or not finding slippers and toys in supermarkets, will all be easily resolved.
Of course, this should be a good thing for the cryptocurrency market. The US economy has grown, and the US stock market will definitely have a strong rebound, and the cryptocurrency market, which has been following the US stock market, should also catch the wind and improve! So maybe the current difficulties are just a growing pain of a profound transformation, let's wait and see!

Next, we need to look at the counterattacks from Europe and Japan/South Korea. If these three allies of the United States choose not to negotiate and instead decide to confront China head-on, then the U.S.'s goal of 'picking them off one by one' will fail, leading to isolation from the world's major economies, and allies turning against them. In the future, the dollar, U.S. stocks, and U.S. bonds will all decline, and inflation will worsen.
This time, Trump may have really overplayed his hand; how to resolve this? It's truly hard to see through.
In the short term, the tariff issue will continue to be a heavy burden on the cryptocurrency market. Until it is resolved, there may be a stock market circuit breaker crisis, which will then affect all financial products globally. #美国加征关税 #冲币新时代

Bybit exchange leader Zhou Ben has a background similar to Zhao Changpeng. Born in Hangzhou, China in 1990, he immigrated to New Zealand with his parents at the age of 11, received higher education in the United States, and then returned to China to work in blockchain-related fields. Later, in March 2018, he founded the Bybit exchange in Singapore. Almost all of those who have made a name for themselves running exchanges overseas are Chinese. Chinese people are still incredibly impressive.

This morning, similar events to last night's ACT and TST occurred again, with multiple tokens such as MASK, LEVER, and KAVA experiencing a short-term massive drop.

If last night's event can be considered a market maker's game, then this morning's is a direct surrender? If this continues, will there be a third wave or a fourth wave?

$NEO NEO Today's Market Analysis:
1/2/4 Hour Levels Confirmed in Bearish Trend, Market has Broken Below the Issue Price, Today Focus on the 4-Hour Level Bull-Bear Watershed Around 6.133.
If the market rebounds, the upper targets to watch are 6.404\6.769\7.408 near these three price levels.
Monitor the market closely for short-term trades, capturing real-time changes in bullish and bearish forces, and seizing every wave of market movement! For spot trading, make your own purchases!
There is no universal formula! The smart system is only an auxiliary tool; position management and breaking even are the keys to success. Follow me to get the "Universal Break-Even Plan" + Accurate Buy and Sell Strategy, helping you establish a robust trading system! Easy System!

#NEOUSDT

Now, Wang Baoqiang has completely shed his rural flavor,
Ma Rong must be regretting it deeply now!
Dressed in all black, Wang Baoqiang appeared at Shanghai Airport, hands in pockets, looking cool, perfectly embodying the image of a trendy man!
Indeed, financial power can completely change a person!
However, with Wang Baoqiang's current strength, even if he wore farmer's clothes, it wouldn't diminish everyone's affection for him!

The overall longevity of the wealthy founders of Hong Kong's Four Great Families:
Ho Hung Sun lived to 98 years,
Lee Shau Kee lived to 97 years,
Lui Che Woo lived to 95 years,
Chao Kwong Piu lived to 101 years,
Tian Jiabing lived to 99 years,
Ho Tso Chi lived to 95 years,
Sir Run Run Shaw lived to 107 years,
Li Ka-shing is still alive at 97 years.
Their longevity is attributed to their own blessings and energy, with external manifestations being a belief in fate, a healthy mindset, abundant survival resources, and advanced medical care. The image below is a group photo of them; although their postures and actions differ, they are all reflections of their inner worlds. Do we not see in them a sense of Confucian business acumen, wisdom, optimism, elegance, and high moral character? These internal energies are things that ordinary people do not possess.

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