Recently, many people have been asking me if there is still hope for inscriptions. Is there still hope for the altcoins being bought?
They see Bitcoin rising rapidly, while the other varieties they hold are not increasing.
Originally thought about having less money to buy other coins with more gains to earn a bit more to exchange for Bitcoin.
I know most people think this way.
My objective answer is I truly don't know.
But my answer in my heart is that the path of issuing inscriptions should be gone.
I can't say that ORDI and SATS won't rise in a bull market. Don't trust my feelings. This is an analysis based on my understanding.
I am just a writer; I am not responsible for you making money.
I truly believe that very few other altcoins can rise and make you money. Even if they rise, you may not necessarily make a profit because the operational difficulty is extremely high.
Slowly rising to a big drop, you are very likely to be washed out.
The reason I say the path of issuing inscriptions is cut off is that its transaction fees are too high, and the speed is too slow, benefiting the miners the most.
The law of development of things is that safe and stable alternatives replace less safe and stable ones. High efficiency replaces slow efficiency. Good experiences replace bad experiences.
The security and stability of Bitcoin are irreplaceable, with hundreds of thousands of network nodes worldwide investing a lot of wealth to maintain network security and stability.
There is no need to create another replacement for it. Therefore, the market has made its choice.
The efficiency of issuing coins on Solana is extremely high. It was a bit troublesome to issue on ERC20 before, but it can be done in one minute on Pump without any technical skills.
The efficiency is extremely high.
When playing inscriptions, encountering a good market can lead to network lag, slow withdrawals, and extremely high transaction fees. This game on the Solana chain has overturned all of this. This is the choice made by the market.
This model of issuing and trading coins on the Solana chain is efficient, low-cost, and provides a good experience, so it naturally replaces the efficiency of inscriptions.
Don't tell me that Bitcoin's ecosystem is good while others are garbage. How can you compare? In fact, they are all garbage, you know that in your heart.
You just refuse to admit it.
Garbage also has speculative value.
This is not the fault of the garbage, but the fault of people's desire to get rich and speculate.
Without coins, there will be other things to replace this wealth speculation.
People choose coins, why? Because the speculation efficiency of coins is high, the experience is good, and they can be played 24 hours a day globally.
Choosing coins is also the choice of the market. This is the law of development of things.
In ancient times, when issuing coins through Ethereum crowdfunding, as long as you dared to participate, you could make money. As more people played, resources started to become imbalanced.
Ordinary people are starting to lose money.
Buying VC coins later can make big profits, but now it can't earn anymore.
Because there are no advantages in resources and information, the people who take chips from the primary market have earned it.
As soon as it hits the exchange, it rises dozens of times.
As soon as they cash out, it drops, and retail investors get scared and naturally stop playing.
Binance understands its users very well; the Binance coin manager deserves great credit.
They have recently started listing a large number of meme coins. Binance's choices are actually the choices of the market.
Some people criticize Binance for listing a bunch of meme coins for retail investors to speculate and earn transaction fees.
This is the choice of market development, not the result of Binance acting unilaterally.
It's not that Binance can list whatever it wants; if it doesn't meet user needs, it will eventually be eliminated by the market.
Their choices are merely in line with market development.
Listing some strange VC coins is just bringing in some private interests, which is inevitable.
The trend of memes is a product of the current market development and is a direction where retail investors can play relatively fairly.
Because we know this is a gamble, losing is due to bad luck and poor skills, while buying VC coins is simply considered being scammed. If you lose on your own or get scammed, which one would you choose?
So, based on the above situation, my conclusion is that the path of issuing inscriptions on the Bitcoin chain has been completely replaced by the path of playing with Solana's low-quality coins. As for whether something else will come to replace Solana in the future.
There will definitely be some, and later it may be AI issuing coins based on market demand for everyone to speculate, with no conspiracies involved. It's extremely fair and purely based on luck; is that possible?
In the future, the gameplay of meme coins may increasingly trend towards lottery-like mechanics.
Very few people get rich, while most lose small amounts; this is my immature thought.
This market will always exist because it is the desire of people.
If you've read this far, please give a follow and a like before leaving. I'm Qing Tian, a seasoned investor who sincerely wishes you to become wealthy!
