九九Cain

The market has gradually become quiet recently. Many colleagues have expressed that they can’t see the direction clearly or are forced to be friends with time. This is actually not the first time.

Looking back, since I entered the circle in 2016, I seem to have experienced four major garbage cycles. Although I often comfort myself in my heart that all this will pass, the positive cycle will come back, and liquidity will come back, but when we are really in the garbage time, we will feel more or less depressed or helpless.

Winter in Zhongguancun.

The first garbage time was when I entered the circle. At that time, the industry had just shifted from the cold winter of 2015 to the recovery period of 2016. OKCoin and Huobi, located in Zhongguancun, also stopped layoffs. The market was gradually recovering, and exchanges finally had positive income.

I generally don't like to be a father to others, unless they come to be my father.
If you look back, Bitcoin was born against the backdrop of the 2008 financial crisis, at that time no one would have thought that a white paper, an open-source code, would become the best asset of the past 17 years, without exception. Times are changing, the concept of money is changing, the concept of assets is changing, policies are changing, and on a path that no one has walked before, we practitioners went from being accused of 'pyramid schemes' by others to calling ourselves 'noble Wall Street traders'. On this road, our community is becoming larger and larger, facing one fork after another, each choice is a process of selection, some people get closer, while others drift further apart.

In the year 2024, when the tide of the times rolls in, some are swallowed by the storm, while others hold their torches against the wind. This year, Bitcoin breaks through the $100,000 mark, declaring to the world with a string of code that consensus will eventually split the dark clouds; Trump loudly launches 'Trump Coin', and the collision of politics and blockchain sparks absurd yet real flames; CZ returns to social media to continue his chatter, taking over Labs and renaming it YZi Labs, still the boy who has always been bullish on Bitcoin. Binance silently prowls, with global registered users surpassing 250 million, and the total trading volume of spot and derivatives reaching the $100 trillion mark. Behind every digit are countless sleepless nights. This year, Binance has more than 5,000 employees, with 172 employees receiving year-end bonuses exceeding 1 million RMB, and 3,271 receiving bonuses exceeding 100,000 RMB, the highest bonus being 10.2 million. We hope to give the best treatment to the best people in the market. If you're strong enough, come and ride the wave!