#PI# Be careful of a backfire; the current rise is just a flash in the pan, and it will continue to fall, inevitably dipping to new lows. However, don't forget that this project has not fully open-sourced yet, and the current volume and price can be said to be unprecedented. Once it is open-sourced, who knows what the situation will be? You can imagine a highly centralized project that has maintained a stable ranking within the top 50 for months (currently ranked 49th, and continuing to fall, it will soon drop out of the top 50). However, with thousands of virtual money coins in the market, what gives it the ability to remain stable within the top 50 for such a long time? This cannot be denied; without some skill, it really cannot achieve this. Those who criticize it daily actually do not understand this project at all. The direct reason for their criticism is simply that they lost money and are venting their frustrations. The lower the price goes, the more suitable it is for ordinary people to engage in Coin Hoarding, which aligns perfectly with the project party's original intention: to allow more people to own it and to make the coins sufficiently decentralized, not controlled by a few individuals. At this stage, its technology is not mature, leading to slow ecological development. It can only control the release amount through KYC restrictions and mapping. If it doesn't impose these restrictions, the release amount would be dozens of times what it is now, potentially leading to a systemic collapse of the project. Although restricting KYC is despised, it is the most correct and helpless choice for the project party. The technological bottleneck cannot be solved temporarily; thus, this is the only way to reduce the risk of project collapse. So, criticizing is useless; either maintain patience or exit and say goodbye.
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GateUser-8b16fbf7
· 08-20 19:27
It also shows the incompetence of the project party; both time and patience have been sufficient.
#PI# Be careful of a backfire; the current rise is just a flash in the pan, and it will continue to fall, inevitably dipping to new lows. However, don't forget that this project has not fully open-sourced yet, and the current volume and price can be said to be unprecedented. Once it is open-sourced, who knows what the situation will be? You can imagine a highly centralized project that has maintained a stable ranking within the top 50 for months (currently ranked 49th, and continuing to fall, it will soon drop out of the top 50). However, with thousands of virtual money coins in the market, what gives it the ability to remain stable within the top 50 for such a long time? This cannot be denied; without some skill, it really cannot achieve this. Those who criticize it daily actually do not understand this project at all. The direct reason for their criticism is simply that they lost money and are venting their frustrations. The lower the price goes, the more suitable it is for ordinary people to engage in Coin Hoarding, which aligns perfectly with the project party's original intention: to allow more people to own it and to make the coins sufficiently decentralized, not controlled by a few individuals. At this stage, its technology is not mature, leading to slow ecological development. It can only control the release amount through KYC restrictions and mapping. If it doesn't impose these restrictions, the release amount would be dozens of times what it is now, potentially leading to a systemic collapse of the project. Although restricting KYC is despised, it is the most correct and helpless choice for the project party. The technological bottleneck cannot be solved temporarily; thus, this is the only way to reduce the risk of project collapse. So, criticizing is useless; either maintain patience or exit and say goodbye.