According to my expectations, BTC should be around 100,000 dollars today, at the very least fluctuating around 95,000 dollars, but it has come down to 92,000 dollars, so I chose to reduce my position and sold off a lot of coins. I only kept a small long position. Tonight, the Federal Reserve will cut interest rates, and I suspect it will be a double kill for both bulls and bears; it still resembles a dog-walking market.
A shocking fact about compound interest that I saw a couple of days ago: for example, if you borrow 1 million, with an interest rate of 18%, if you repay 180,000 each year, you will need to repay it forever. Yes, forever.
Seeing this calculation, I was shocked and no longer dared to borrow money!
This calculation is actually the reverse operation of storing 1 million and receiving 5% interest each year, allowing you to receive 50,000 every year forever.
92000 The prices here have been pressed down hard, the whole market has quieted down, with only an arrow pointing at the 91800 order above, and there is no liquidity below.
The interest rate will be lowered tomorrow, please prepare in advance. #降息
Has Zhejiang really gone rogue? It reflects the degree of collapse of the Chinese economy. Financial refugees at the Zhejiang Jin Center are shouting: Investment products purchased at the Zhejiang Jin Center have nothing to do with Xiangyuan Group. So, who is the actual controller of the Zhejiang Jin Center? This is key: The Zhejiang Financial Asset Trading Center, established in 2013 as a financial asset trading platform, was previously mainly owned by the Zhejiang Province and Shaoxing City governments. Just when it seemed ready to explode last year, they first revoked the financial qualifications, and in January of this year, it was transferred to a private enterprise, completely shifting the blame! Xiangyuan Group and Yu Faxiang, along with the three listed companies they control: Xiangyuan Cultural Tourism, Jiaojian Co., and Haichang Ocean Park, indeed have no direct connection with the financial refugees. What the Zhejiang Provincial Government can do: Immediately auction off the equity under Yu Faxiang.
Why can’t you ever take the U from the 'public key wallet'?
In 2023, Xiao Gua saw a public key wallet while surfing and casually imported it, only to find 300,000 USDT lying inside. I thought this was a sure thing!
In the end, not only did I not take the U, but I also lost 0.1 ETH in tuition fees.
1️⃣ Ordinary people’s operations vs Script bots At the time, I was skeptical and directly transferred 0.1 ETH to that address as Gas to try to withdraw. Result: The transaction just entered the Mempool, and the Sweeper Bots monitoring the entire network instantly detected the ETH inflow and quickly executed a transaction with a higher Gas Price to take my ETH away.
This is a typical case of Front-running; in the dark forest of blockchain, manual operations can never outrun scripts.
2️⃣ Advanced solution: Flashbots I was unwilling to give up, thinking it was just a matter of speed, and researched for a long time, finally finding the method Flashbots. The principle is: package 'I transfer ETH' and 'I withdraw USDT' into the same block. Logically: Either both transactions succeed or both fail.
Theoretically, this can prevent ETH from being snatched by bots as Gas. Xiao Gua knows that many tech giants help users rescue stolen wallets, especially those with airdrops, using this method!
But after I tried it, the transaction still failed.
3️⃣ No way out: U has been blacklisted Code does not lie. I checked the contract and found that this address had long been frozen by Tether. As long as the address is on the blacklist, the on-chain status does not support transfers at all; even a deity cannot help with the transaction.
If you see some public wallets with considerable assets that can be transferred with just gas fees, this is most likely a trap targeting you, just to deceive you into greedily depositing ETH! #多签套路
Can't hold on any longer, it drew a line like this, what kind of market is this, cutting leeks back and forth like this, run quickly, hell-level contract cutting leeks. #DOGE
The emotions over the weekend are manageable, although the price of $BTC has not stabilized above $90,000, it is good that it has remained stable compared to the downward trend on Friday. The liquidity on weekends is inherently low, and if sentiment deteriorates slightly, the price can plummet. There hasn't been any significant negative information since Friday, and it has been like this for a while, mainly due to investors' expectations regarding the Federal Reserve. #美联储重启降息步伐
When you are still fantasizing about the altcoin bull market, in fact, the liquidity of many coins has already disappeared, the market makers have run away, there is no one left, throw away the altcoins in your hand. That's it. #山寨币
Two small incidents encountered on the subway 1. An old man crossed his legs and bumped into me three times. The first time I glanced at him; he was wearing a mask and squinting. I thought he didn't mean it, so I shifted a bit. The third time I felt it was intentional, so I stood a little further away from him. I am sure he did it on purpose; he's a bad seed. 2. A student wearing glasses sat next to me. The row was full and cramped. When he sat down, he had music playing loudly. Then he took out a comic and started flipping through it. While crossing his legs, he kicked me. I didn't make a fuss about it, but after a while, he started to spread his legs and squeeze the person next to him. I told him to stop squeezing, and he actually glared at me. From these two small incidents, it can be seen that bad people are born that way and remain bad until they are old, testing the boundaries of intrusion, whether they are old or young. In the end, realize a truth: a person's bad nature does not depend on gender or age; it is inherently present. #天生坏种
This is an event organized by aster The minimum for spot trading to receive rewards is $4000 But its price difference is close to ten points That is to say, a trading volume of $4000 You might lose around $150 And this type of trading involves automatic orders by bots As long as you want to match your own buy and sell There will be a bunch of orders sticking to you Making money through this means It's really disgusting #aster
Who is attacking Ping'an County? Who exactly is it? Why does it keep rising? What are the reasons? What is the logic? Can anyone tell me what exactly happened? #BTC
There is a well-known investor in the English-speaking area (who entered the industry relatively early and has made quite a bit of money) who said that L1 has no moat. This is somewhat unexpected. If it were just an ordinary coin trader, that would be one thing, but for a seasoned investor to have such thoughts indicates that there are still asymmetric opportunities in this industry. From a certain perspective, this can be considered a good thing.
If L1 has no moat, and not to mention trying to recreate btc or Ethereum, how about trying to recreate Solana?
The window period for truly universal L1s is from 2017 to 2025, and after the Ethereum Fusaka upgrade, this window is gradually closing. When new public chains cannot achieve absolute advantages in high performance and low fees, the competition in the L1 landscape has already lost its meaning. Contrary to people's intuition, there may still be a glimmer of opportunity in achieving breakthroughs in decentralization. #L1