Recently, ETH's price SOARED.

I saw many people sharing their thoughts about the reason.

STOP ANALYZING. ETH is definitely a good project, and so is the coin. Then, will ETH surge or slip? It depends on the manipulator -- intending to make the counterparty's market index explode (1/5 of the BTC market value, 5-10 times its liquidation amount).

Manipulators cheer as retail investors analyze. -- This best fits in the ETH market.

Let’s first talk about the logic of secondary ETH market circulation. The issuance of ICO defined the early ETH as manipulated, unlike the later ETH through mining or the BTC through mining output from the beginning. Mining is decentralized. Therefore, ETH could be manipulated -- people who participate the most in ICO in the early stage gain the greatest ETH.

We could understand such fluctuations for the position scales of hundreds of millions, billions, or ten billion.

However, it is not the story for ETH when looking at its candlestick chart. It is particularly noteworthy that, half a year ago, the ETH market value was twice the MOUTAI, but 1/2 of it now. Even with this, ETH is able to climb 50% in 2 to 3 days.

WORSE, the price fluctuations of large-scale assets such as BTC, Tencent, and MOUTAI generally have reasons to analyze from policy, business news, financial reports, etc. However, this is not the story for ETH. As long as there is a counterpart and there are profits for manipulators, even minors could suffer from liquidation (because the coins are still not mined, leverage exists). In other words, the combined powers of the whole market could not contend against the manipulator.

To make it more straightforward -- the game rule is simply: high control over the market, randomly, uninhibitedly.

In fact, BTC did not pass through ETF for the same reason. Nevertheless, since BTC gains its tokens from mining, the power of manipulators, if they exist, is lowered, making the combined market power surpass that of the manipulators. As a result, manipulators need to follow macroeconomic data and other indicators. With the BTC scale and market value growth, it is increasingly hard to be a manipulator. Manipulators can be or have already been, suppressed by the whole market. Thus, it is not hard to understand that BTC and Nasdaq gradually have similar trends. You can make money by analyzing the trend with low leverage. Many people make a lot in BTC contracts but lose everything in ETH -- with the same operation. For me, I have never seen someone earning with ETH contract in leverage. Why do these analyses not work for ETH? The candlestick chart for ETH does not reflect an effective market.

Let's then take a look at ETH from pow to pos. Let me first briefly introduce the difference between pow and pos. Pow uses algorithm & computing power to allocate output, that is, the original mining. POS distributes output by mortgaging ETH itself as a node.

You can simply understand it as follows. If Ethereum is a company, then the ETH token is the stock, and the gas fee is the main income source. The company needs to continuously issue additional shares as rewards to those who contribute. But now, the company has made steady profits, and the gas fee has exceeded what is needed for operation maintenance. As a result, the company decided not to issue additional shares. The company will use the earned gas fee income to distribute gas according to the proportion of ETH mortgage as the node. The stock itself is equity, and gas is the right to operate and distribute dividends. Formerly, the dividends were distributed to employees (miners), and now to shareholders (people who hold eth mortgages as nodes).

I think many analysts have talked about the advantages and disadvantages of POW and POS. Here, I will only discuss the impact on manipulators following my previous thoughts in the article. The POS mechanism will make the manipulator's original power stronger -- and eth more concentrated in the hands of those who have already owned a lot.

What matters is the manipulator. Whether you double or halve the leverage, whether you long or short, or trade randomly -- YOU ARE ALL GIVING AWAY THE MONEY FROM YOUR POCKETS.

If we regard leveraging with unreliable contracts as a live bet, then the one with ETH is a gamble. Leveraging on ETH is like pushing yourself to the robber. It's not the case that you are not able to, or have not, win, but the situation that you cannot bring anything you win from the robber. I have observed several ETH trends and lost a lot. Following the same logic, I have earned hundreds and thousands more in BTC.

I haven't understood why my model works on BTC but not on eth for years. IT IS REALLY WEIRD. But not until today did I realize the reason -- ETH started as IXO.

DON’T F**KING USE LEVERAGE!

DON’T F**KING USE LEVERAGE!

DON’T F**KING USE LEVERAGE!

Recently, ETH's price SOARED.

I saw many people sharing their thoughts about the reason.

STOP ANALYZING. ETH is definitely a good project, and so is the coin. Then, will ETH surge or slip? It depends on the manipulator -- intending to make the counterparty's market index explode (1/5 of the BTC market value, 5-10 times its liquidation amount).

Manipulators cheer as retail investors analyze. -- This best fits in the ETH market.

Let’s first talk about the logic of secondary ETH market circulation. The issuance of ICO defined the early ETH as manipulated, unlike the later ETH through mining or the BTC through mining output from the beginning. Mining is decentralized. Therefore, ETH could be manipulated -- people who participate the most in ICO in the early stage gain the greatest ETH.

We could understand such fluctuations for the position scales of hundreds of millions, billions, or ten billion.

However, it is not the story for ETH when looking at its candlestick chart. It is particularly noteworthy that, half a year ago, the ETH market value was twice the MOUTAI, but 1/2 of it now. Even with this, ETH is able to climb 50% in 2 to 3 days.

WORSE, the price fluctuations of large-scale assets such as BTC, Tencent, and MOUTAI generally have reasons to analyze from policy, business news, financial reports, etc. However, this is not the story for ETH. As long as there is a counterpart and there are profits for manipulators, even minors could suffer from liquidation (because the coins are still not mined, leverage exists). In other words, the combined powers of the whole market could not contend against the manipulator.

To make it more straightforward -- the game rule is simply: high control over the market, randomly, uninhibitedly.

In fact, BTC did not pass through ETF for the same reason. Nevertheless, since BTC gains its tokens from mining, the power of manipulators, if they exist, is lowered, making the combined market power surpass that of the manipulators. As a result, manipulators need to follow macroeconomic data and other indicators. With the BTC scale and market value growth, it is increasingly hard to be a manipulator. Manipulators can be or have already been, suppressed by the whole market. Thus, it is not hard to understand that BTC and Nasdaq gradually have similar trends. You can make money by analyzing the trend with low leverage. Many people make a lot in BTC contracts but lose everything in ETH -- with the same operation. For me, I have never seen someone earning with ETH contract in leverage. Why do these analyses not work for ETH? The candlestick chart for ETH does not reflect an effective market.

Let's then take a look at ETH from pow to pos. Let me first briefly introduce the difference between pow and pos. Pow uses algorithm & computing power to allocate output, that is, the original mining. POS distributes output by mortgaging ETH itself as a node.

You can simply understand it as follows. If Ethereum is a company, then the ETH token is the stock, and the gas fee is the main income source. The company needs to continuously issue additional shares as rewards to those who contribute. But now, the company has made steady profits, and the gas fee has exceeded what is needed for operation maintenance. As a result, the company decided not to issue additional shares. The company will use the earned gas fee income to distribute gas according to the proportion of ETH mortgage as the node. The stock itself is equity, and gas is the right to operate and distribute dividends. Formerly, the dividends were distributed to employees (miners), and now to shareholders (people who hold eth mortgages as nodes).

I think many analysts have talked about the advantages and disadvantages of POW and POS. Here, I will only discuss the impact on manipulators following my previous thoughts in the article. The POS mechanism will make the manipulator's original power stronger -- and eth more concentrated in the hands of those who have already owned a lot.

What matters is the manipulator. Whether you double or halve the leverage, whether you long or short, or trade randomly -- YOU ARE ALL GIVING AWAY THE MONEY FROM YOUR POCKETS.

If we regard leveraging with unreliable contracts as a live bet, then the one with ETH is a gamble. Leveraging on ETH is like pushing yourself to the robber. It's not the case that you are not able to, or have not, win, but the situation that you cannot bring anything you win from the robber. I have observed several ETH trends and lost a lot. Following the same logic, I have earned hundreds and thousands more in BTC.

I haven't understood why my model works on BTC but not on eth for years. IT IS REALLY WEIRD. But not until today did I realize the reason -- ETH started as IXO.

DON’T F**KING USE LEVERAGE!

DON’T F**KING USE LEVERAGE!

DON’T F**KING USE LEVERAGE!