Retail investors should stop playing with runes

If you have money, just ignore what I said

#符文 #符文协议

The miners should benefit the most from the halving!

BTC halved from the original 6.25 block reward to 3.1. Many machines with poor performance cannot pay the electricity bill and are forced to shut down. Survival of the fittest, the remaining ones with good performance share the cake

A friend of mine who runs a mining farm told me that the price of the mining machine on the market is 45,000 u, which means that as long as Bitcoin is higher than this value, they will be profitable.

However, with the halving, their profits have also decreased a lot. But miners will make trouble. If it doesn’t work, they will hype inscriptions. If the inscriptions don’t work, they will use runes. If the runes don’t work, they will use rune stones!

But miners will not sit and wait for death. The current rune wave is hyped by them, and the gas fee is also incredibly high. The biggest beneficiaries are miners!

A retail investor withdraws 1000u, 700u arrives, buys 500u, wants to sell at a loss, finds out the handling fee is not enough, recharges 500u again, 300u arrives, sells all, sells 100u, recharges 1500u in total, sells 100u, withdraws to the exchange, and has 3u left

How is it really done? Let's discuss west_day
#比特币减半 #符文协议

The most popular and involved Bitcoin halving this time is the launch of the Runes protocol mainnet, and the launch of the first rune token. As a Bitcoin builder, investor, enthusiast, or Fomo, do you deploy a full node yourself or rely on a platform to play?
At around 4 am Beijing time on Saturday, April 20, 2024, Bitcoin will be halved for the fourth time in history. The most popular and involved Bitcoin halving this time is the launch of the Runes protocol mainnet, and the launch of the first rune token. As a Bitcoin builder, investor, enthusiast, or Fomo, do you deploy a full node yourself or rely on a platform to play?
#比特币减半 #符文协议

(II) Why is the name of the Bitcoin rune so strange? What kind of crazy idea is hidden behind it
#比特币减半 #BTC🔥🔥🔥🔥🔥🔥 ​​#符文协议

#Runes on the market are slowly starting to mature 🧵
We are currently seeing the lowest daily volume since the creation of Runes
It may sound silly, but combined with the price action of the top projects, this can be seen as a bullish sign for the future
Here is the daily volume chart:
What I like is that despite the historically low volume, strong projects are still maintaining and even a few are rising in price
This shows a few things:
1. Sellers are decreasing
2. Projects with stable communities and substance are starting to become more defined
3. We are transitioning from the initial hype and short-term trading volatility to an accumulation phase for long-term holders
$BILLY is trading on much lower volume than last week, but is up 7% today
$DOG is up 5% this week and trading on much lower volume than in the past
$GOB has always traded at lower volume than new runes, but is up 25% this week
$PUPS Volume this week was 8btc, less than DOG and Billy traded per day last week, but up 20%
DECENTRALIZED and LOBO were up 6% and 8% respectively on significantly lower volumes
You can look at it this way: ‘Oops, volume is down, are Runes dead? ’
Or you can look at it this way: ‘Oops, volume is down, but Runes haven’t crashed yet’
Obviously this isn’t financial advice, but it suggests that once volume returns, prices are likely to rise quickly
We don’t know when this will happen, and a lot will be influenced by Bitcoin price movements.
But Runes are starting to stabilize and reach a base level, current holders are happy with their positions, they are not slashing prices, and smart buyers are still accumulating
It is always the hardest to buy when things are slow, but this is also the period when you usually get the best entry points
Now is really the time for Warren Buffett's famous saying "Be greedy when others are fearful"
Maybe when volume returns things will move quickly, you can wait and possibly get a better entry point, but may miss the gains
Or diversify into good quality Runes that perform well during the market downturn, so as not to chase the gains later
#符文协议

UXUY is giving you benefits again. Previously, 21,000 INDS were used to participate in the new issuance (the cost is 390U based on the current coin price). The total number of INDSTONEs is 1,000, and more than 3,000 people participated, with a winning rate of up to 30%.

At present, the floor price of one INDSTONE is 1,340U, and it is still rising steadily, 3.5 times higher than the new issuance price.

Sometimes choosing a project is the same as choosing a partner, and it depends on fate. Don't envy other people's partners for being beautiful and having a good figure, and don't envy other people's coins for rising sharply. When you want to chase his coins, you may be trapped.

Choose a coin you are familiar with, hold it, and understand it. I choose IDNS.

This year, have a love affair with UXUY that will never break up.

#比特币减半 #符文协议 #符石 #uxuy #indstone

The limited-time rune 37, COOK•THE•MEMPOOL, has been minted for 18 days and has exceeded 100,000 addresses today. Currently, 196.7w pieces have been minted, making it the second most minted rune in history. The minting deadline will be at block height 848064, and there are about 10 days left. (Because unisat is airdropping, be careful to avoid high GAS) #符文协议

Don't worry about other runes, these are the ones that are valuable 💦💦

WANKO•MANKO•RUNES
On April 21, the rune WANKO•MANKO•RUNES ended casting, with a total supply of 75,250,000 pieces, 10,000 pieces can be cast at a time, and 19,000 pieces have been burned so far. There is no pre-mining for this rune, and Casey, the founder of Ordinals, agrees with this.

BITCOIN•PEPE•MATRIX
BITCOIN•PEPE•MATRIX was deployed on April 21, 2024, with a total supply of 6,942,069,420 pieces, no pre-mining, and 69,420 pieces can be cast at a time. Currently, it has been cast and 69,420 pieces have been burned. The number of holders is nearly 17,000. If the rune list is ranked according to the number of holders, this rune ranks fourth.

MEMEPOOL•SPACE
MEMEPOOL•SPACE contains 20,000 units each, with a total supply of 2.1 billion, and no pre-mining.

ANARCHO•CATBUS
This rune is derived from the ANARCHO-CATBUS mentioned in Casey's introduction. The rune was deployed on April 20, 2024, with a total supply of 21,000,000, and 2,100 can be minted at a time. Of the total supply of ANARCHO-CATBUS, 210,000 are used for pre-mining, and the current market value is about 7 million US dollars.

SEPPUKU•IN•MAY•AND•GO•AWAY
SEPPUKU•IN•MAY•AND•GO•AWAY has a total supply of 21,000,000 units, 100,000 are pre-mined, and 1000 can be minted at a time.
The rune was deployed on April 24, 2024. On the same day, Casey, the founder of Ordinals, posted on the social media platform to express his concern about the rune. Perhaps influenced by this, SEPPUKU•IN•MAY•AND•GO•AWAY was quickly run out within four hours of deployment.

THE•GOD•OF•BITCOIN
Each piece of THE•GOD•OF•BITCOIN contains 100,000 units, with a total of 16,113,500,000 units, of which 15 billion are pre-mined supply for airdrops to wallets that activate totems. THE•GOD•OF•BITCOIN was deployed on April 21, and 76.73% has been minted so far.

#新币挖矿 #符文协议 $BTC $ETH $BNB

#符文协议 #符文

The rune No. 2 DECENTRALIZED has started airdropping in batches. If you haven't received it, you can check it later. If you hold the NFT address of Prometheans, you can get 910,000 airdrops, which are currently worth about 4,300U.

And if you hold NFTs such as BitFrog, Dogpunks, OMB, OCM, Little Wizard, Blob, Goose, Node Monkey, etc., you can randomly get 32,054 pieces, which are currently worth about 150U.

You can directly query the Rune in the unisat wallet, or add the token in the OKX wallet: DECENTRALIZED can also be queried.

Trading market: unisat.io

Currently, the rune No. 8 RSIC joined the OKX Jumpstart mining yesterday. It is currently the first rune token listed on the big exchange. The wind of runes has begun to blow.

Several good stocks will emerge from 1 to 9. Brother Qingshui thinks that Rune No. 2, No. 3 and No. 8 have a high probability of emerging because of their high market value, large trading volume, and large number of holders, and their good fundamentals. It is recommended not to sell all of these stocks. You can place orders in batches, and remember to keep some bottom positions!
#内容挖矿

#符文 #符文协议
Now it’s all rune information, the gas on the bit chain is so high, I won’t follow you guys

Runes have accounted for 68% of all Bitcoin transactions since launch

Runes, the new standard token on Bitcoin, have accounted for more than two-thirds of Bitcoin transactions since their launch following the Bitcoin halving event on April 20. According to data from the Dune Analytics dashboard shared by blockchain research firm Crypto Koryo, the Bitcoin network has processed more than 2.38 million Runes transactions, accounting for 68% of all Bitcoin transactions since their launch on April 20. Regular Bitcoin peer-to-peer transactions, BRC-20, Ordinals, and Runes are all included in the total transaction count.
Runes peaked on April 23 with more than 750,000 transactions that day, but the next day the volume halved to 312,000 transactions. At block 840,000, much of Rune's initial demand came from Meme coins and NFT enthusiasts who competed to inscribe and etch "rare Satoshis" through the Rune protocol. As a result, Rune transactions contributed nearly 70% of mining fees on the day of the halving. Since then, the daily figures have fluctuated between 33% and 69%.

A beautiful day begins!

The cryptocurrency world has changed, and so have the leeks! It has become fairer and more sober.
The leeks no longer easily accept air coins, no matter how tempting the promises are, the leeks will not be fooled again.

Now, everyone can either join the world of inscriptions together, or participate in the trend of Meme coins together. The billion-dollar market value targets that have emerged in this bull market must be those projects with fairness and free as the core. Just like last year's inscriptions (ordi, eths, sats), or this year's runes and rune dogs. They will eventually be eliminated, and these projects are models of fair competition and free distribution.

Rune high GAS fee, rolling to no sky 👻

Xiao Xi: It is said that the rune on the 9th will start airdropping, go and see how much you can get
#符文协议

1. Why are the names of Bitcoin runes so strange? What kind of crazy idea is hidden behind it?

The Runes token protocol was launched on the Bitcoin network, creating immutable runes by carving and adopting a long and unique name rule to ensure uniqueness. #比特币减半 #比特币符文 #符文协议 #符 $BTC $ETH

The track and target of this round of 100-fold potential are now very obvious - Rune

Old fans of Coin Sister know that from the moment Rune was not born, I have done a long time of research and exploration on this track, and after ambushing Rune Stones in advance, part of the airdrops cleared Rune Stones, and part of the dog airdrops obtained, the overall return exceeded 10 times +.

Later, when dog was sluggish at around 0.0002, I built a bottom position in batches, and then less than a month later, DOG went against the trend and flew to nearly 0.001. That is 4-5 times the profit

Many people realized it later, and they rushed in after breaking through 0.006.

After this wave of continuous adjustment, it fell to the lowest 0.0017. I was still in batches within 0.004, completing all the positions arranged in this part, and the cost was around 0.0026.

At present, it has risen more than 3 times from the bottom again. The yield is not as high as 0.001 before, which was 4-5 times. Now the yield is only 1 times, but the overall yield is not the same as before.

So far, this rune wash has been sufficient. In addition, from the perspective of the hot spots of the entire market, meme is still likely to ignite this wave of main rising waves, and rune is a protocol that allows meme to be efficiently allowed.

Dog is a representative, and the distribution is 100% fair. There is no so-called VC fundraising and collection, and there is no need to give up the big platform. It all depends on the original power of the community and the blessing of the founder.

The purpose is to break the model of VC sitting on the bank + platform joint harvesting, and let encryption return to the essence of consensus economy!

This is a social experiment. Whether it will succeed cannot be determined now, but in the past month, rune has performed very well, and more and more industry builders have begun to provide construction in this field.

I believe that in the near future, Rune will breed a leading meme with strong community enthusiasm, strong consensus and fair distribution. There is no joint collection of founders and platforms, only spontaneous preaching by everyone. Hackers attack fwDETH big holders, will DETH continue to plummet? #符文协议 #符文龙头 #符文狗

#符文协议 Does the project have a money-making effect?

If you want to ambush a high-quality rune project, how should you plan?

I wrote an article

0号到9号Runes符文，到底应该怎么布局？【上】

The miners are the ones who are hurt the most by the halving! The miners should benefit the most!

BTC halved from the original 6.25 block reward to 3.1. Many machines with poor performance cannot pay the electricity bill and are forced to shut down.

A friend of mine who runs a mining farm told me that the price of the mining machine on the market is 45,000 U.S. dollars. That is to say, as long as Bitcoin is higher than this value, they will be profitable.

However, with the halving, their profits have also decreased a lot, so we are the biggest victims.

But miners will not sit and wait for death. The current rune wave is hyped up by them, and the gas fee is also surprisingly high. The miners are the biggest beneficiaries!

Retail investors withdraw 1,000 yuan, and 700 yuan is credited to the account. They bought 500 yuan and wanted to sell it at a loss. They found that the handling fee was not enough. They recharged 500 yuan again, and 300 yuan was credited to the account. They sold all of them and sold 100 yuan. The total recharge was 1,500 yuan, and 100 yuan was sold. When they transferred to the exchange, there were still 3 yuan left.

How to play it?#Bitcoin#符文协议