Featured News
1. Aave v3 has re-enabled the collateral repayment function
2. Wintermute currently holds 0.5% of the total supply of NEIRO, or is a market maker for the latter
3. Fractal Bitcoin Mainnet Launch Plan Token Rewards Have All Been Distributed
4. Ethena: The airdrop inspection page will be launched next Monday
5. Bitcoin network-wide contract holdings rose 3.16% to $29.688 billion
6. CoinGecko report: Magic Eden transaction volume exceeded $120 million in August, with a market share of 36.7%
The hottest trend in the market these days is Apple’s AI mobile phone. Currently, FET, the leader in the AI concept in the cryptocurrency circle, has the best growth rate. This is also the target with the longest layout and the most important one in our community.
Let me tell you my understanding
I think that in a lifetime, a person can only step on three complete cycles. If you can really grasp a cycle, it will be enough for you to live for half your life, and for some people, it may even change their destiny.
Apple's AI mobile phone has truly applied AI to the lives and work of over one billion users around the world, which in itself is of great significance.
It is no less than the production efficiency revolution brought about by the explosion of Internet applications.
In the future, there will be iterations of Apple 17, 18, and so on, so whether it is the traditional financial circle or the currency circle, it depends on the market space of infinite imagination to achieve the hype effect.
Therefore, in this round of big cycle, you must allocate the leading stocks in this sector. Otherwise, you will miss a great opportunity that only comes once every ten years.
Back to the current market, the U.S. stock market held up last night, and Bitcoin also pulled up after it completed its downward induction. The probability of setting a new low in the short term is relatively small.
The next step is the time for the small-band consolidation to get out of the pit. The decline is actually not terrible. If it is certain that it can rise to 100,000 or 200,000 US dollars in the future, I believe everyone will not be so worried and afraid.
Because the downward space is limited, the upward space is actually larger.
The only thing that is uncertain is whether it will increase so much. In fact, to solve this problem, we must go back to the true first principles of Bitcoin.
Let's put aside the impact of interest rate hikes or cuts and analyze and compare based on scarcity. Take gold as an example. According to known historical data, gold has existed for three thousand years. The essential reason is scarcity, value preservation, and inflation resistance.
Compared with Bitcoin and gold, the amount of gold that can be traded around the world is definitely more than Bitcoin. The total market value of gold in the world is currently around 16 trillion US dollars.
The total amount of Bitcoin is capped at 21 million. According to relevant data, as of April 2, 2024, about 19.59 million Bitcoins have been mined. Therefore, the number of Bitcoins left to be mined is about 1.41 million. According to the current mining speed and difficulty adjustment rules, it is expected that the last Bitcoin will be mined around 2140.
The current market value is only estimated at one trillion US dollars based on the current price. I think everyone can calculate how much room there is compared to the 16 trillion US dollars market value of gold.
Therefore, the mainstream view that we will see a million dollars per piece in 20 years is not just a slogan. It has a certain logical basis.
The scarcity alone is worth $1 million, and it has many other advantages.
I won’t list the examples one by one. I’ll list the next advantage in the evening edition tomorrow night.
With such a strong theoretical knowledge reserve and ambitious goals, what does this little adjustment mean at the moment?
That’s all for today! Thank you for your attention and sharing#BTC走势分析 #以太坊基金会
