This time the black swan clearly did not drop as much as the previous times Why could it kill so many people?
Mainly two points
1. Bitcoin's feeling of reaching 100,000 suggests a certain future trend There are a large number of players and veteran investors
Putting a large amount of positions in ETH And many people in Taiwan also put a lot of positions in ADA Many of those who put money in ADA joined in 2022 Using leverage can increase profits But one must also bear risks
This time, malicious liquidation + market manipulation Led to 700,000 people being liquidated + 10 billion USD being consumed by the whales
Whether this time was orchestrated by Trump is unknown
Because once the funds are transferred to Coinbase Prime We cannot understand how they are used
This time, many of the liquidated positions were low leveraged ADA or ETH
2. The widespread discussion on social media and the number of new entrants
With the election of the U.S. President His promises at the Bitcoin conference were magnified and scrutinized
Abolishing CBDC, appointing the SEC chairman Listing Bitcoin as a national reserve asset
This also made countless newcomers want to enter this market to make money
Most people have not experienced The time when all tokens collectively Dropped 30-40% in a day
Therefore, with social media spreading leverage + the media's exaggerated explanations Many people and stories appeared before us through algorithms
In summary: I feel that this black swan in 203 Is about the risk awareness of new friends And the awakening of the understanding of veteran investors
From the brief history of humanity, we can understand
It lies in the ability to construct and disseminate stories One person with a pair of hands × 100 people 100 pairs of hands
The construction of a story can be a religion It can also be a deity, or possession, or leadership
The essence can be good, can be evil, or can be moral
Every Chinese character has its story And every word may also have a story
Constructing things and thinking are the keys that drive human evolution And the financial models and monetary systems in modern narratives
Are factors that prompt humanity to produce more and more inventions And the arrival of AI may turn children into so-called prophets
There will be more and more children Using the internet and AI for deep learning in their spare time
There will also be more and more children Obsessed with the illusions of the internet and unable to extricate themselves
M-shaped → U-shaped
In the future, I believe there will be more and more geniuses But our understanding of real things
May truly become just a piece of text And the real scenery and beauty felt through actions
May truly only exist in the past
I still remember that path full of butterflies Now there isn't a single butterfly on that path
The imagined cyber world comes from the past, where the population density in Kowloon, Hong Kong, was extremely high, with buildings stacked like honeycombs, wires intertwined, neon lights flickering, and a state of anarchy where street vendors and the underground economy coexisted
→ And the future of self and technology in disorder
May happen faster than I imagined But we will also experience the most interesting story
A Simple Look at Two Cycles of Cryptocurrency History on April Fool's Day
You in the crypto world have more than just contracts
Indeed, this is a fact
Another fact is that there hasn't been a season of altcoins for a long time
Using a fundamental fact, 2017 was led by the innovation of ETH's smart contracts and ICOs in the cryptocurrency industry Got the first wave of going mainstream with a large influx of capital
At that time, the number of cryptocurrency holders may have been less than 30-40 million
How high can a one hundred million dollar pump be? It's crazily high
A token skyrocketing dozens of times is called normal Rising hundreds of times is called a good project
And in 2017, the market's definition of cryptocurrency and most players was still speculation - believers remain few
A field that adds another week of incomprehensible jargon And this round also aligns with the rapid rotation of the so-called attention economy
After a pump, asset prices soar But it's just the house allowing a few early participants to get rich While most retail investors follow suit and buy in
Of course, if you encounter a better house or a better timing, like the meme coin that first launched on Binance in the initial days of Bome Bull
Even if I buy in under the circumstances where all the cryptocurrency people on Twitter are shouting to pump I could still achieve five times the return
At this stage, with the trade war heating up and interest rate cuts not being implemented The market has reached a critical moment of survival this week
Still believing that Trump will pump, one must reserve a portion of cash
Pumps at such moments are mostly what one calls quick pumps Soaring to tens of millions of dollars in market value in a short time Once on Matcha (Mexc), the dumping begins
The market no longer has excess funds to support the coin price Most old players have already left with 100,000 USD
Currently, the market has no hot spots Secondly, funds are too dispersed Thirdly, the overall economic situation is unclear
One can only say that it is still very difficult to find opportunities and also hard to take action
Young people shouldn't just play with memes all day You won't dare to brag in front of the elderly anymore. I've heard you young P-Generals are popularizing the Sennheiser plate, just sitting there, doing something with web3. We just dance and travel every day, open our phones and click on PI, 0 investment, now there's single coin A7, A8
So young people, what the heck are you actually playing with?
The essence of USDD is to increase the liquidity of idle old USDD? ⬇️ Thank you for the explanation, senior! 🫡🫶💓
So, the essence of Sun's Cut is to allow those idle old USDD that have no liquidity according to the old USDD version of Terra Iuna to regain their original liquidity
and let the whole flywheel start running again
Then, through marketing,
let retail funds fill the gap
And early on, 123musdt has already been pulled As long as the gap can be filled,
Sun's Cut is using interest money to exchange for the liquidity of those idle Us