[Sun] "Why do I continue to believe in Ether?" [Sun]
(For those who understand it as well as those who hate it) [Flower]1: Waiting for the ETF, as time passes through Bitcoin, I will speak to you live when the ETF is confirmed, the next will be Ether, the ETF will also make history, changing the history of Bitcoin and Ether from a series of initially unappreciated numbers to assets worthy of global investors' love. Confirming the ETF is the favorite for a long period, as continuous financial flows will be pushed into the market to drive prices higher. Recent data indicates that BlackRock's ETF position in Bitcoin has exceeded its share in gold. [Flowers]2: Through historical trends, Ether has performed well in the second stage of the bull market every time, despite some mysterious factors. History will not repeat itself, but each time the scene is particularly similar due to the limited number of individual traders and financial constraints, which causes the price of Bitcoin to decline. At this time, Ether may be a better option for individual traders. [花束]3: The current ETH collateralization rate is 28.02% of the total Ethereum, and this significant ratio highlights Ethereum's commitment to maintaining the security and operation of the network by locking ETH in the collateral contract for token chain to support trust and chip stability. [花] 4: There are many people who believe that the transition from POW to POS is a failed strategy. During the POW period, mining pools were the market makers, where miners could mine by joining a mining pool and the pool would take a portion of the profits. Since there were many mining pools, after the transition to POS, mining pools changed as they no longer continuously attract miners by providing mining software. I think this only appears in a group of miners because POS has changed their way of participating in mining, as if they touched a part of the cake. That's it. In my opinion, converting from POW to POS is more like a leadership change process. [Bouquet] 5: There are many people who mistakenly believe that the recent short-term price drop was the result of selling chips due to Vitalik Buterin's emotional relationship, not the result of selling chips by the Ethereum Foundation. In fact, the Ethereum Foundation, led by Vitalik Buterin, is responsible for the development of Ethereum. In August, some mining pools published articles in the media discussing what the Ethereum Foundation owns, 273,000 ETH, which represents only 0.25% of the total supply. Therefore, the sale of digital currencies by Vitalik Buterin and the Ethereum Foundation may have emotional impact mostly. Even if everything was sold, it would not have a significant impact on the market. [Bouquet] 6: The influence of the masses, the financial market is the 2/8 law, profits are always in the minority. Therefore, many people think they do not understand the basic logic, do not understand technical analysis, and cannot control the trend. Sometimes they like blind following. If someone says that Ether is not good, they sell and cut losses. Remember, currently in the cryptocurrency market, Ether's market share is 13.8%. Are these whales, investment institutions on Wall Street, BlackRock, are they all fools waiting for small traders? [花] Summary: Regardless of the technology stack, historical review, financial aspects, and market environment evolution of Ethereum as a whole, it is certain to be in a bull market phase. Despite everything, the big dough currently has a 60% market share, which will definitely cause short-term capital to move. Even if Ethereum is garbage, it is usable garbage, and it is a good tool for increasing asset value in the second revolution stage of market maker. Because it has agreements, small traders can buy it, and there are also upcoming developer conferences, Prague upgrades, and other stories that can be told. In the end, my comprehensive cost for Ethereum is 2600, and I will hold onto it until the end of next year's bull market, regardless of the return rate. I will gladly accept it because I chose to continue, no matter how difficult the process is, I only see the result.
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[Sun] "Why do I continue to believe in Ether?" [Sun]
(For those who understand it as well as those who hate it)
[Flower]1: Waiting for the ETF, as time passes through Bitcoin, I will speak to you live when the ETF is confirmed, the next will be Ether, the ETF will also make history, changing the history of Bitcoin and Ether from a series of initially unappreciated numbers to assets worthy of global investors' love. Confirming the ETF is the favorite for a long period, as continuous financial flows will be pushed into the market to drive prices higher. Recent data indicates that BlackRock's ETF position in Bitcoin has exceeded its share in gold.
[Flowers]2: Through historical trends, Ether has performed well in the second stage of the bull market every time, despite some mysterious factors. History will not repeat itself, but each time the scene is particularly similar due to the limited number of individual traders and financial constraints, which causes the price of Bitcoin to decline. At this time, Ether may be a better option for individual traders.
[花束]3: The current ETH collateralization rate is 28.02% of the total Ethereum, and this significant ratio highlights Ethereum's commitment to maintaining the security and operation of the network by locking ETH in the collateral contract for token chain to support trust and chip stability.
[花] 4: There are many people who believe that the transition from POW to POS is a failed strategy. During the POW period, mining pools were the market makers, where miners could mine by joining a mining pool and the pool would take a portion of the profits. Since there were many mining pools, after the transition to POS, mining pools changed as they no longer continuously attract miners by providing mining software. I think this only appears in a group of miners because POS has changed their way of participating in mining, as if they touched a part of the cake. That's it. In my opinion, converting from POW to POS is more like a leadership change process.
[Bouquet] 5: There are many people who mistakenly believe that the recent short-term price drop was the result of selling chips due to Vitalik Buterin's emotional relationship, not the result of selling chips by the Ethereum Foundation. In fact, the Ethereum Foundation, led by Vitalik Buterin, is responsible for the development of Ethereum. In August, some mining pools published articles in the media discussing what the Ethereum Foundation owns, 273,000 ETH, which represents only 0.25% of the total supply. Therefore, the sale of digital currencies by Vitalik Buterin and the Ethereum Foundation may have emotional impact mostly. Even if everything was sold, it would not have a significant impact on the market.
[Bouquet] 6: The influence of the masses, the financial market is the 2/8 law, profits are always in the minority. Therefore, many people think they do not understand the basic logic, do not understand technical analysis, and cannot control the trend. Sometimes they like blind following. If someone says that Ether is not good, they sell and cut losses. Remember, currently in the cryptocurrency market, Ether's market share is 13.8%. Are these whales, investment institutions on Wall Street, BlackRock, are they all fools waiting for small traders?
[花] Summary: Regardless of the technology stack, historical review, financial aspects, and market environment evolution of Ethereum as a whole, it is certain to be in a bull market phase. Despite everything, the big dough currently has a 60% market share, which will definitely cause short-term capital to move. Even if Ethereum is garbage, it is usable garbage, and it is a good tool for increasing asset value in the second revolution stage of market maker. Because it has agreements, small traders can buy it, and there are also upcoming developer conferences, Prague upgrades, and other stories that can be told. In the end, my comprehensive cost for Ethereum is 2600, and I will hold onto it until the end of next year's bull market, regardless of the return rate. I will gladly accept it because I chose to continue, no matter how difficult the process is, I only see the result.