Wow! I learned it, I'll do this too later 🤣🤣🤣
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挖矿的小羊
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A few days ago, I lent my colleague 8000 yuan, and today when she paid me back, she gave me 7992 yuan, which is 8 yuan short. It’s not a lot of money, but I’m still curious why she gave me 8 yuan less.
My understanding is that she might be out of money. I asked her, and she explained it like this: when you lent me the money, you transferred it through V, and when I cashed out, 8 yuan was deducted, so you actually only lent me 7992, and that’s what I returned to you.
At that moment, I really felt like a thousand grass mud horses were galloping past my mind.
This kind of laughable "divine logic" is everywhere in today’s crypto market as well.
On Saturday, a friend suddenly messaged me: Bro, how about this coin $NIGHT , should we go all in?
I glanced at the price, 0.055 dollars, and thought this guy is going to be a victim again. As a result, when I checked this morning, this guy really put in 500,000, and was posting about it, saying something like "the mainnet is about to go live, missing this wave is missing financial freedom." His mentality is just like that female colleague who deducted 8 yuan from me—only counting the benefits in hand, but unable to see the huge hidden fluctuations and costs behind it.
But upon closer inspection, I found that things are not that simple.
The NIGHT project is backed by Charles Hoskinson, the founder of Cardano, and is dedicated to privacy protection. The key point is that the mainnet is set to launch at the end of March, with big companies like Google Cloud and MoneyGram serving as node operators.
This coin has no VC quota, no private placement round, and was directly airdropped to 8 million addresses. Just think about it, those projects that shout "decentralization" every day have VCs occupying 70% of the share behind the scenes, while NIGHT directly distributes the coins to ordinary people.
But the problem arises; the unlocking pressure is real. 25% will be unlocked every quarter, continuing until the end of 2026. The price has dropped from a high of 0.12 to 0.05, and that’s the reason.
My friend’s 500,000 is now showing a 5% loss on paper. He was asking me yesterday: Should I cut my losses?
I said: Since you’ve already gone all in, don’t stare at the market every day. Before the mainnet goes live, this coin will likely still fluctuate. But if the mainnet really goes live on time and privacy DApps start to run, that’s another story.
The worst fear is that once the mainnet goes live, everyone finds out it’s just a PPT project, and that 500,000 could turn into 50,000.
@MidnightNetwork #night
My understanding is that she might be out of money. I asked her, and she explained it like this: when you lent me the money, you transferred it through V, and when I cashed out, 8 yuan was deducted, so you actually only lent me 7992, and that’s what I returned to you.
At that moment, I really felt like a thousand grass mud horses were galloping past my mind.
This kind of laughable "divine logic" is everywhere in today’s crypto market as well.
On Saturday, a friend suddenly messaged me: Bro, how about this coin $NIGHT , should we go all in?
I glanced at the price, 0.055 dollars, and thought this guy is going to be a victim again. As a result, when I checked this morning, this guy really put in 500,000, and was posting about it, saying something like "the mainnet is about to go live, missing this wave is missing financial freedom." His mentality is just like that female colleague who deducted 8 yuan from me—only counting the benefits in hand, but unable to see the huge hidden fluctuations and costs behind it.
But upon closer inspection, I found that things are not that simple.
The NIGHT project is backed by Charles Hoskinson, the founder of Cardano, and is dedicated to privacy protection. The key point is that the mainnet is set to launch at the end of March, with big companies like Google Cloud and MoneyGram serving as node operators.
This coin has no VC quota, no private placement round, and was directly airdropped to 8 million addresses. Just think about it, those projects that shout "decentralization" every day have VCs occupying 70% of the share behind the scenes, while NIGHT directly distributes the coins to ordinary people.
But the problem arises; the unlocking pressure is real. 25% will be unlocked every quarter, continuing until the end of 2026. The price has dropped from a high of 0.12 to 0.05, and that’s the reason.
My friend’s 500,000 is now showing a 5% loss on paper. He was asking me yesterday: Should I cut my losses?
I said: Since you’ve already gone all in, don’t stare at the market every day. Before the mainnet goes live, this coin will likely still fluctuate. But if the mainnet really goes live on time and privacy DApps start to run, that’s another story.
The worst fear is that once the mainnet goes live, everyone finds out it’s just a PPT project, and that 500,000 could turn into 50,000.
@MidnightNetwork #night
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.