我在重庆

I haven't written a journal in a long time. The recent market conditions have made many friends increasingly discouraged. Please be patient; this is a critical moment to test our patience and confidence. We must not be left behind. Stay firmly bullish $BTC $BNB

The iPhone 16 was released yesterday. It seems very easy to get, but it is difficult to get one that can be shipped within 7 days. I also bought a few units, but just to have a box lunch. I hope it can arrive sooner.

Appreciation of the Japanese yen ~ Recently, some people attributed the bad market to the appreciation of the Japanese yen. Many people did not understand how the Japanese yen was linked to the cryptocurrency circle.

1. There is a huge amount of US dollars in the global market. People borrowed Japanese yen to exchange for US dollars (it is said that it is several trillion US dollars), and then invested in US stocks. Buffett did this. He borrowed Japanese yen to exchange for US dollars when the Japanese yen was cheap.

2. The Japanese yen appreciated beyond expectations -> the cost of borrowing Japanese yen rose rapidly -> swallowed up part of the profits of borrowing Japanese yen to exchange for US dollars and then speculating in US stocks (for example, you borrowed Japanese yen to exchange for US dollars to speculate in US stocks and made 10 points. Then today the Japanese yen exchange rate rose by 3 points, then your profit was directly wiped out by 3 points)

3. As a result, everyone began to sell US dollar assets to repay Japanese yen -> US stocks fell -> caused the collapse of Japanese yen carry trade

I'm bored with the market, so I'll tell you a story - this year, Chongqing has been hot for a month, with temperatures above 40 degrees. In recent days, there have been occasional easterly rains, and the temperature has dropped to around 38. I met a few aunties who were buying vegetables when I went out and chatted with them.
A: It's cool today, and the temperature has finally dropped, but it's still a bit stuffy.

B: It's funny, it's 40 degrees every day, and my air conditioner is running 24 hours a day. Last month, the electricity bill was 500 yuan.

Uncle C said to himself: I'm not hot at all, I don't even need to turn on my air conditioner.
This caused strong opposition from the aunties: You're not hot, and your underwear is soaked with sweat all day.

The uncle left with a surprised expression! Hiding his merits and fame

On September 10, which is today, Trump and Harris debated. Relatively speaking, Trump's attitude towards the cryptocurrency world is obviously better than Harris's. If Trump wins, it will be a big boon to the cryptocurrency world.

Trump is prosperous, and the cryptocurrency world is prosperous!

The main reason why Ethereum is not doing well has been found - heroes are often overwhelmed by beauty, they live for Bi, die for Bi, and work hard for Bi all their lives.

V God doesn't care about technology, and Ethereum has changed from deflation to inflation. Can it get better?

When it comes to airdrops, everyone thinks of getting something for nothing. In fact, there are many examples of people getting something for nothing, so don’t just do anything.

In the past two days, grass has been used to make money. The masters in the studio have been made like this, not to mention you and me who have never seen the world. So I suggest that you can do whatever you want with Binance web wallet airdrops, but be careful with others.

In recent months, the performance of the cryptocurrency market has been comparable to that of the A-share market, especially Ethereum, which fell, then accelerated, and then continued to fall sideways, and so on.

Brothers, be confident in the future and treat it as an asset allocation. Don't worry, it's just around the corner to outperform the A-share market.

It is said that virtual currency is risky, and it is almost the same if you choose the wrong stock. Hong Kong-listed Shengneng Group fell 99% today, and it was zero in one day.

In the current market, miners are basically useless. Miners are definitely true love. Unless they are getting free electricity, they are basically generating electricity with love.

The guys who mine ETC have once again been hit hard by the iron fist of social attention.

I was just browsing the news and suddenly saw a piece of news from the Securities Times - Bitcoin surged.

This news is not simple. The Securities Times is an official media. In recent years, the reports on Bitcoin have been about a sharp drop and liquidation, which gives people a sense of unreliability. However, the public reports of a surge in recent days have never happened before. You must know that once the upper level sets the tone, the propaganda reports of the lower level must follow the decision of the upper level. Will this public positive propaganda surge be a hint of the new policy?

The general trend of the world is mighty. If you follow it, you will prosper, but if you go against it, you will perish. May you and I witness history again.

Chongqing has been too hot recently, so I took my wife and son to Hong Kong for a trip and to escape the heat. But I thought that I should have my own offshore account to play with coins, so I made an appointment to apply for a bank card.

The first one was HSBC Nathan Road Branch 378. Since I had made an appointment, a younger brother quickly received me.
A: What is the main purpose of your card?
Me: Investing in Hong Kong stocks and saving
A: The current interest rate of HSBC is only 2 points, which is only a little higher than that in China. You have to spend so much money to come to Hong Kong, and the extra income cannot offset the cost.
Me: I mainly want to do some asset allocation and want to have my own offshore account.
A: Then you said that you save this reason, we can't help you open it, because the center can't pass.
Me: But I want to invest in Hong Kong stocks.
A: There is Hong Kong Stock Connect in China, and you can also buy Hong Kong stocks. Why not buy through Hong Kong Stock Connect?
Me: Because the Hong Kong Stock Connect charges more and is troublesome.
A: Sorry, this is not a reason to open an account. You must have a reason that is not acceptable in China to open an account, otherwise the center will not pass.
A: How much money do you plan to put in HSBC?
Me: 200,000

————There were other conversations in the middle, which were irrelevant. Anyway, he asked a lot of questions, such as income, and also looked at bank statements, including my wife's

————Now I was a little emotional. Me: It costs 500,000 to open a Hong Kong stock connect in China, and I don’t have the money to open it.
A: The bank statement shows that it can be opened
Me: That’s my wife’s, I can’t open it. Then I showed him the screenshot of the stock app’s rejection.

He asked for a long time before picking up my phone to apply on the HSBC app. The result was that the account could not be opened immediately.

666, is it so difficult to open an account at HSBC? It’s in the final review. I’m at the end of my rope. Since there are many people reading this, I’ll also write about my experience in the afternoon.

Binance said that the big whale bought more than 50 million ethers at around 2300. What does this mean? There are about 120 million Ethereum in total. Excluding freezing, lock-up, pledge and other reasons, less than 100 million are in circulation, and 50 million are more than half in circulation. This shows that this price is the consensus range of all parties.

The purchase time is not recent, but cumulative purchases in this range. Because the recent trading volume cannot reach such a high turnover, if there is really a recent purchase of 50 million, the price must be above 5,000 dollars, not like this. So it is a cumulative purchase. This also shows the recognized price of large funds, which can be used as a reference for all spot holders. $ETH

Sun Ge is about to use his ultimate move. Brothers, do you think it can create waves?

Just now a large order was accurately liquidated. Why bother! 13 million U is not a small amount of money there.

Intel's market value is not half of AMD's - in my impression, Intel's processors are far better than AMD's, but AMD not only has processor chips but also GPU chips, which is the fundamental reason why Intel was surpassed this time, and the strategic layout was wrong.

I remember when I just graduated and installed the computer, the installer's words impressed me - choosing 3N configuration is much more than 3A configuration, so 3A is cheaper. 3N is Intel processor plus Intel motherboard Nvidia graphics card; 3A is AMD family bucket.

This is a different time!

After falling 12% yesterday, the Japanese stock market rebounded sharply by 9.4% in the morning, with the Nikkei index rebounding by 2,957 points. The South Korean stock market rebounded by 3.5%. The rebound of the Japanese stock market in one morning was greater than that of the A-share market.

Trump is still the one who needs to save the market! Now is the stage of irrational emotions, and institutions are also confused.

Happy birthday to my dear Sun Ge🎁, I hope I won’t cut as many leeks as possible in the future——Missing from leeks

I didn’t expect Sun Ge to be only 34, a few years younger than me. After all, he is a top student from a prestigious school and knows how to have fun.

I believe many novices will have a question, why Grayscale has been dumping the market after Ethereum's ETF was approved. In fact, Grayscale's Ethereum ETF has been established for a long time, that is, ETH, but the handling fee is very high at 2.5%. The average handling fee of the ETF approved by the SEC recently is 0.2%, which has dropped by more than 10 times. Then investors will definitely adjust their positions, so there is a phenomenon of dumping and accepting at the same time.

When the adjustment is completed, the dumping will end and the interest rate cut will come. So the spring of Ethereum is coming soon. $ETH