There are many ghosts in the bull market
These ghosts were invisible during the bear market last year. At that time, Binance did not allow everyone to publish articles and required various blogger certifications. It was suddenly opened, and then Weibo, Twitter, V-letter bloggers, and people from all countries began to come in and post various things. The good thing is that it automatically translates, making it easy to communicate with leeks from all over the world. The ghosts I am referring to are not specific to a certain country or person. The ultimate goal of some ghosts is to look at the money in your pocket. It's just a little more and a little less, the singing is more pleasant, and the performance is more impressive. Why should you tell strangers how much you earn?
If you look at this kind of thing in another environment, you will know what the purpose is. If you made 20 million a month, would you tell strangers on the street? As he walked, he suddenly took out his mobile phone, opened his bank account and shouted, "Come on, everyone, come and see how much money I make in a month, big brother," and then clicked on the V message group to see how many younger brothers I have, who are interested in me. Just follow my advice, and they can earn the money it took you ten years to earn by following me. I am a great prophet and a confidant of Gouzhuang. If you think I am not a good person, are you willing to pay an IQ tax to me?
There is a high probability that these people have been targeted. In the last bull market, a large number of currency circles led groups, and Weibo bloggers who led orders were banned, but I have not heard of any punishment for them. Turn your perspective, here I am telling you not to engage in these things, which are bad for centralization, but you are loudly proclaiming to me that it is right and good, and you are also bragging about it to attract many people to participate. The way things have always been done is I'll watch you dance first, wait for the oriole behind, settle the accounts later, and wait until he wants to put the money in his pocket.
The above is just a chat about some current phenomena, and the story begins. 2017 was an eventful year. The period when the ICO craze was coming to an end was the darkest moment in the history of the currency circle. On September 4, seven ministries and commissions famously issued a joint statement prohibiting all ICO activities and the sale of virtual currencies such as Bitcoin in RMB. For trading, all domestic exchanges must be closed. Bitcoin fell by 50% that day, a scene that saw a sharp decline. Some coins could even see an 80% drop. It was a kind of doomsday calm. Most investors calmed down in an instant. They no longer thought about this day. How much money has been lost is a feeling of a sudden collapse of faith and the end of the world. Even the crowdfunding for financing and opening stores by some private small businesses not in the currency circle has been completely cut off. At that time, I had also seen that I wanted to participate in subscribing the original shares of a chain store with tens of thousands of yuan. For me, that was the best era, and it was also an era of chaos. In the second half of 2017, just a few months were like a summary of decades of stories.
The 312 that everyone is talking about now is just a normal retracement adjustment in terms of scale. It cannot be compared with the 94 in 2017. At that time, Bitcoin mining was basically domestic, and foreign players accounted for a small proportion. Players and funds It also accounts for the largest share in the country. Most of the foreigners are independent people. They are only willing to buy dozens or hundreds of coins to buy a coin, and they still dance on Twitter every day. There is only one institution that openly speculates in currencies, and that is Goldman Sachs. At that time, Buffett often made remarks that Bitcoin was garbage.
After my inspection, the historical disk data that can still be seen on some platforms can be said to be fake before 2018. The biggest reason may be that our pricing unit was RMB at that time, and domestic exchanges did not have such a thing as USDT. At that time, The price difference between domestic and foreign exchanges is also relatively large, but it has also fallen. The historical BTC price data on gate does not seem to have such a thing as 94. I had earlier suspected that BTC was a big game played by the United States, a tool to harvest the world. It spread from the bottom of the Internet first. Anyway, the plate is mine. The point of suspicion is USDT. China took the lead in banning fiat currency transactions in 2017. The company that engaged in USDT was registered in a small place in 2014, which can be found in Hong Kong and the Isle of Man. Then it was implemented a year later in 2015. With the emergence of USDT, the currency circle was finally priced in US dollars. At that time, our domestic exchanges were unified in fiat-to-cryptocurrency transactions, while foreign exchanges were unified in currency-to-coin cryptocurrency transactions, such as BTC to BNB and USDT. There is no fiat currency. (After all, even if he harvests, he can't cut off much of me. It's true that very few people here can stand up. Now the United States is staring at Binance all day long. It may be that Binance wants to deal with various countries' legal currency trading pairs all day long. As for why Compliance is staring at one company all day long, the revenge from FTX is also part of it, and I don’t know what the interests of the characters are in it)
At that time, the three largest platforms in the world were OK, Huobi, and Gate. There were also many other smaller platforms, such as ZB, Bit Times, etc. I think many people don’t know that gate’s name was originally called “Biter”. ZB was originally called "China Bitcoin" but was forced to register abroad after 2017 and changed its name to a foreign name. Earlier in 2015, Huobi only had two currencies that could be traded, namely BTC and LTC. So in the last article I mentioned that the first one I came into contact with was Jubi.com, because there are so many coins, and all kinds of air coins are mixed together, hahaha. Others only deal with two types of coins, but he deals with dozens of coins. OK is famous for unplugging network cables, and has been blocked by people many times. It is probably the first platform to engage in contract cutting of leeks. The leeks never tire of it, and their positions are liquidated in various ways. Anyway, just by pulling out the network cable, or canceling a certain button. The function is to stop you from clicking, and even if you move it, it will have no effect, and you will watch your position explode before your eyes. So although OK has a good background and the national team is spread online, I have always had a bad impression. If I don’t go to OK to play, I won’t play with the contract.
In the previous article, a friend asked me the secret of how to hold coins. Actually, there is no secret. Let me teach people by telling stories. At the end of 2017, a friend of mine made the largest amount of money in the currency circle when he bought Ripple coins at a price of 2 yuan each. Then when the price had less than doubled, he wanted to withdraw the coins to Huobi and sell them. The transfer needs to enter a tag code and an address to arrive correctly. He did not enter the tag code, but only entered the address to execute the transfer. The currency arrived at Huobi, but it never reached his personal account. He was in Within a month, he contacted customer service several times to discuss his XRP coins. He watched the price increase, and he was so anxious that he felt haggard. This wave of Ripple currency is due to the fact that it was selected by South Korean chaebols, and then they pulled the market to cut leeks. It increased more than ten times in a month, reaching more than 20 yuan each. Then Huobi finally found a way to accurately put the Ripple coins into this friend's account, and that's what happened. If there was no such misfortune, it would be due to the efficiency of Huobi staff and his destiny, so the right time and place were right, otherwise he would definitely not be able to earn more than ten times as much. It has always been cut off by the market.
The story ends here first. The interesting things in it cannot be told in just a few articles. If I just talk about the events of 2017, I may only have told less than a third of it from the previous article to this point. I am also constantly sorting out the details of the past. It felt like I was remembering my past life. My narrative style may be concise and concise. A few paragraphs may seem like many but also seem to be few, which may leave endless aftertaste. It is not my job to make any comments or articles from time to time.
Random closing remarks:
Don’t be afraid when the situation is great, and don’t be in love when the situation is over. I think the first person in the history of the bull market to escape from the top was Zhang Zifang, who lived in the 400th year of Xinghan Dynasty. The others who were still on the bus were basically cut off. Each bull-bear period is like the alternation of every dynasty in ancient times. In each dynasty, special heroes and geniuses will appear, chaos, prosperity, and decline. As for when the opportunities for ordinary people will disappear in the end, it is not up to you and me to foresee and seize the present.
