Recently, many people have asked me if there is still hope for inscriptions? Is there still hope for the knockoffs I bought?
They watched the big stocks rise rapidly, but the other stocks they held did not rise.
I originally thought that since I had little money, I could buy other stocks with higher growth rates and earn more money to buy a bigger pie.
I know most people think so.
My objective answer is I really don't know.
But my answer is that the way to play inscriptions should be gone. I dare not say ordi, sats bull market will not rise.
Don't trust my feelings. This is an analysis based on my cognition. I am just a writer, I am not responsible for your money.
I sincerely believe that there are very few other copycats that can soar in price and make you money.
Even if the price goes up, you may not make money. Because the operation is extremely difficult. If the price goes up slowly and then falls sharply, you may be washed out.
The reason why I say that the path of inscription is cut off is that its transaction fee is too high, the speed is too slow, and the miners are the ones who benefit the most.
The law of development of things is that the safe and stable will replace the less safe and stable. The high efficiency will replace the low efficiency. The good experience will replace the bad experience.
The security and stability of Bitcoin is irreplaceable. Hundreds of thousands of network nodes around the world have invested a lot of money to maintain network security and stability. There is no need to create another one to replace it. So the market has the money to make the choice.
Sol is extremely efficient in playing with dogs. It was a bit troublesome to post on erc20 before, but it can be done in 1 minute on pump, without any skills. It is extremely efficient. When playing with inscriptions and encountering good market conditions, the network will freeze, withdrawals will be slow and the handling fee will be extremely high. This game on the sol chain has overturned all of this.
This is a choice made by the market.
This coin issuance and minting model on the sol chain is efficient, low-cost, and has a good experience, so it naturally replaces the efficiency of inscriptions.
Don't tell me that Bitcoin's ecosystem is good and other ecosystems are rubbish. How can we compare?
In fact, they are all garbage, and you know it in your heart. You just don't want to admit it.
Garbage also has hype value. This is not the fault of the garbage, but the fault of people who are eager to get rich and hype it up.
Without the coin, there will be something else to replace this wealth speculation.
People just choose coins. Why? Because the speculation efficiency of coins is high, the experience is good, and they can be played 24 hours a day around the world.
Choosing a coin is also the market’s choice.
This is the law of development of things.
In ancient times, when Ethereum was used for crowdfunding, anyone who dared to participate could make money. Later, as more people joined the game, resources became unbalanced, and ordinary people began to lose money.
Later, you could make a lot of money by buying vc coins, but now you can’t make money. Because you don’t have the resource and information advantages, the profits are taken away by those who take chips in the primary market. Once listed on the exchange, the price rises by dozens of times. As soon as they cash out, the price falls. Retail investors are afraid of being cut, so they naturally stop playing.
Binance understands users very well, and the manager of Binance's coin listing department has made great contributions. They have recently started to list a large number of meme coins. Binance's choice is actually the choice of the market. Some people criticize Binance for listing a large number of meme coins for retail investors to speculate and earn transaction fees.
This is the choice of market development, not the result of Binance's arbitrary decision. Binance cannot list whatever it wants. If it does not meet the needs of users, it will be eliminated by the market sooner or later. Their choice is just to follow the development of the market. Listing some strange vc coins is just a private sale, which is inevitable.
The meme trend is a product of the current market development, and it is also a fair direction for retail investors to play. Because we know that this is a gamble, and the reason for losing is bad luck and poor skills, while buying vc coins is simply being scammed. Which one do you choose, losing or being scammed?
So based on the above situation, my conclusion is that the way of making inscriptions on the Bitchain has been completely replaced by the way of playing with the local dog by Sol.
As for whether there will be other alternatives to Sol in the future. There will definitely be. In the future, AI may issue coins based on market demand for everyone to speculate, and there will be no conspiracy in the middle. Extremely fair, it all depends on luck. Is it possible? In the future, the gameplay of meme coins may be closer and closer to the trend of lottery. A very small number of people make a fortune, and most people lose a small amount of money. This is my immature idea. This market will always exist because it is the desire of people.
