
土澳大狮兄BroLeon|Apr 02, 2025 00:28
When we say build, what are we talking about build
At this moment, I woke up feeling much calmer, The collapse of ACT has actually given up on the investigation results since last night, and there is no need to even think about compensation. Sure enough, the result I saw early on was 1.05 million spot goods smashed into 200 million plates, causing 120 million to disappear. What about the key focus of the contract market? Not to mention, um, it's a bit difficult to evaluate....
Compared to others, some analyses in the public are more reasonable and well founded, and I think they are close to the truth. Although I used to dislike @ bwenews' pretentious behavior, this time I agree with their analysis that ACT's strategy is to take the most advantageous way to stop losses and exit. After putting myself in their shoes, I feel that I can only do this and survive by cutting my arm.
Compared to these, but the more impactful ones are the voices of some BUILDER and diamond hands represented by ACT. After seeing the posts by the wizard and Cat Brother yesterday, I felt quite uncomfortable. The profit of 10M and 15M would have been withdrawn. If it weren't for some faith in it, no one might have been able to do it.
I am actually a person who leans towards emotions. Recently, I often hear the sound of something collapsing deep inside my heart. I heard it even more clearly last night, and that thing is called 'faith'. The collapse of industry beliefs this time is comparable to LUNA's thunderbolt, FTX's downfall, and even more so than that.
For example, Build, Diamond Hand, HODL, These are the concepts of Organic native encryption that have been revered by everyone since I entered the industry, and have been gradually cultivated and solidified over the years as a consensus. Take a look at the HODL and other famous sayings that @ cz often says: not hodl, not rich。
Although occasionally hammered and obstructed by some scams, the spiritual backbone of encryption has always been there. Can you provide other successful examples besides BTC, ETH, BNB, SOL, DOGE, and even Pepe. But in the past short period of time, I feel that the consensus on altcoins has completely collapsed, and my spiritual backbone is on the verge of breaking.
The industry is undergoing tremendous changes, with traditional altcoins and high valuations being counterfeited. Meme and the fast-paced struggle for instant wealth behind it make all the experts/VC/HODLs of the pre MM era look more like antiques from the dinosaur era. The bureaucracy and downfall of the V-God in Ethereum have caused the entire industry to begin shedding its glamorous facade. Yes, yes, we are like a big casino, a big quagmire, and any technological revolution is deceiving fools. How to make money is the most important thing.
Binance used to be the backbone of promoting industry development through preferred projects, but after the meme impact and VC coin collusion, it has also fallen into an awkward situation. In order to maintain market share and daily life, we have to lower our value, lower the threshold for listing, and fully embrace memes. The series of results brought about by the inflation of cryptocurrency has just begun to emerge, with the old knockoffs being the first to emerge. After the new knockoffs go public, no one dares to take on the market. No matter how tempting they are, the surviving leeks are still grouped together to short sell, while the leeks who are fooled to take on the market and buy at the bottom are basically dead.
Look at those representatives who insist on building their own targets, now they have become objects of ridicule. Traders proudly taunt, "You're taking a knockoff, what's the whole meme build? Isn't it CX, just trying to shout higher and find more leeks to buy
But isn't BTC's build CX? Is peer-to-peer payment used in the white paper? Who weren't early BTC geeks working hard to introduce themselves to others? Is their goal just to find someone to take over the business? The early TM without any faith support washed away.
Feng Shui takes turns, and this cycle does not reward diamond hands
So leave some room for improvement. Without the persistence and build of some people, it will be even harder for you traders to achieve big results. Let's compare ourselves to PVP and see who can get ahead earlier. It's fun to see who has less strategy?
Now it has a bit of the flavor of the early days of China's reform and opening up, and everyone is experiencing a pain of value transfer. It may be slightly biased, but at that time, the values that had been in society for many years were broken, and people who could speculate, manipulate, or even cheat money without a bottom line could be elevated to the altar. What do you want in terms of propriety, righteousness, integrity, and shame? Money comes first. Most people in the whole society have fallen into confusion. Is it really right for everyone to deceive and deceive people?
In today's web3, is it stupid to hold onto a coin for a long time and believe its narrative? Is there only one purpose for CX, which is to dump it to the next idiot who takes over? Then mock and show off your achievements: Look, another group of fools who were deceived by me.
Well, it's quite smelly.
But look at the good side. After the painful and chaotic period of reform and opening up, those who were honest and hardworking for a few years regained control of society. In the dividends of reform and opening up in the following decades, those who truly accumulated astonishing wealth were industrialists who worked in industries that were beneficial to social development.
At present, what the cryptocurrency industry lacks is applications that can be implemented and generate practical value, while the build spirit is also indispensable. Without this spiritual soil and people who continue to explore, this industry is indeed doomed (fortunately, there are still people continuing).
Without breaking, there can be no establishment. The phenomenon of VC coins forming alliances and cutting leeks has indeed become a cancer. The entire industry will undergo a major reshuffle, and it is not a bad thing to break the inherent interest group hierarchy.
Keep some hope, believe in the resilience of this industry and the geniuses who can always lead everyone to survival. Just like the African continent during the dry season, when the rainy season arrives and the flood floods, the seeds will begin to sprout.
Everyone, protect your capital and live first.
Airport essay, say whatever comes to mind... It's taking off
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