The content is mainly divided into three categories:
One category describes some basic details, as known conditions, so that everyone can better understand the content of the next two parts;
The second category is the operating logic of the exchange. This section is personal thinking and speculation. It is only a personal opinion and is not 100% accurate. If there are any questions or mistakes, please correct me;
The three major categories are how users can ensure their own income and personal investment ideas under this situation.
First of all, there are some things we need to know. Since BRC20 became popular, countless people have been attracted by the growth multiple of ordi and have entered the market. Only a few players have thought and analyzed it. Most players have no brainers and buy on the spot. Under this general scenario, exchanges saw the benefits and therefore wanted to enter the market to increase revenue generation.
Secondly, what makes brc20 projects different from erc20 is that the popularity of brc20 seems to have brought the trading market back to ancient times. Based on smart contracts, erc20 can carry out fast and efficient intelligent operations. However, brc20, which is different from erc20, is something similar to an NFT sack containing a bunch of tokens, which requires inefficient manual statistics and has no backend and intelligent processes suitable for it.
When an erc20 type token is hot, what the exchange will do is
1. Retrieve contract address and other information
2. Set interface and background configuration
3. With free trading, several people can easily complete it
But the difference with brc20 is that MD has no backend! Everyone is confused, how should this thing be put on the shelves? ** becomes a problem. The simplest is to refer to the unisat buying and selling form, but this form is more of the trading logic of NFT, not the trading logic of tokens.
Users definitely prefer the latter, so they have to develop the backend and restart research and development, or use the most primitive method, manual statistics!
Even Brother Sun’s Huobi is seriously developing the technology to go online this time... As for why ordi is so optimistic, some content will be released in the future.
How does the exchange’s operational logic make money?
In addition to transaction fees, advertising and other income, there is another income that is the most controversial, which is buying and selling (cosplay Zhuangzi). In fact, listing the ordi market on the exchange is divided into two stages:
In fact, listing the ordi market on the exchange is divided into two stages:
The stage when the exchange price is higher than unisat
The stage when the exchange price is lower than unista
After the exchange listed Ordi, it was closed for withdrawals. Therefore, the purpose of raising the ordi immediately is to attract more players to put their ordi into their wallets. At this time, there are two types of ORDI purchased by players within the platform (air or tokens that players recharge into)
Players who deposited money into the exchange were eager to cash out, and the ordi in their hands was quickly sold out by players in the exchange. It was obvious that the ordi was not enough. What the exchange has to do is to increase the price within ordi, collect more low-priced chips from the unisat market and sell them to buyers at a high price.
In addition to the exchange itself, the people who are doing this are also the first-time movers. Although the appearance of the movers will divide the profits of some exchanges, it is also free labor in disguise. After all, the transaction fee is only It is a stable income.
In the first stage, user emotions are short-lived. The reason why ORDI rises is because the threshold for on-chain purchases is too high (many people are afraid of trouble when registering a wallet). When these emotions subside, the exchange can most intuitively see the purchase order data. people. At this point the second stage begins: smashing the market
Because there are too many buyers, the chips on the chain cannot be collected. Since the buyers have bought the coins on the exchange, they have to cash them out, so they need to lower the internal price of the exchange and influence the prices on the chain through their own influence. price, thereby purchasing more low-priced chips to sell to users who purchased at high prices in the first stage. Only in this way can the interests of the exchange be maximized.
As the price of the exchange fell, many players began to sell the chips they purchased at high prices on the exchange, and the exchange made a fortune as a result. As soon as the players on the chain saw the price plummet on the exchange, they began to rush to sell on the chain, playing into the hands of the exchange.
Generally speaking, if retail investors want to make a comeback, they need to meet the following conditions:
On unisat, there are only low-price orders placed by the exchange itself. Players are buying one after another. No one is following the exchange to sell ordi at low prices on unisat.
No one is selling inside the exchange. Users who were stuck before have been holding it, and people are buying low-priced ordi one after another.
The exchange is allowed to smash and pull the market, and everyone ignores it and waits for the withdrawal of coins.
At this time, there will be a serious premium on the Ordi exchange and the chain, which will be delayed until Ordi opens the withdrawal.
How do we as individuals make our own money in the current environment?
Once you understand the principle and logic, it will be easier to make money. As an individual player, there are actually two types of profits before you.
One is to predict the behavior of the exchange and plan the investment in advance. Cash out on highs and buy on lows, making smart money.
One is to look at the general direction, buy it without understanding it, and then sell it at the price you expect before selling it.
Choose according to your own ability, which kind of money you are good at. If you are not good at it, then don't do it.
Of course, there is also a type of money that is as black-hearted as the exchange. If you are a so-called "KOL" or other influential image, you can use your influence to maliciously sell short and sell the chips of those who trust you at a low price. Scam it out, cooperate with the exchange to sell short, buy it secretly yourself, and ultimately maximize the value.
I hope you can find the investment direction that you are good at and like in the diversified crypto world. Earn your fair share.