Dialogue with the Bitcoin Ecological Community: Will Bitcoin Inscription usher in a second spring?
Recently, Bitget held an event in its Chinese community with the theme"sats goes online on Bitget, will Bitcoin Inscription usher in a second spring?"X Space to discuss the Bitcoin ecosystem that has recently become popular. Participating guests include many OGs from the Bitcoin ecological community: ordi community-She Zhu Xiaochi, sats community-Master Zhong, BTCs community-Sun Xin.x, shib community-btc 520-Raven. x, rats community-crying rice, whee community-Zi Qi Dong Lai.
The following is a transcript of the community dialogue:
Moderator: hello, good evening everyone, and welcome to the AMA jointly hosted by Bitget Chinese and Bitget Builder Chinese. I am Sylvia, the host of this Space, and also the person in charge of operations of our Bitget VIP. The first question we discuss today is what is the most prominent advantage of the Bitcoin inscription market compared with traditional spot trading?
Master Zhong:The biggest advantage is decentralization, without the risks and worries of project parties running away. In addition, it will not suffer from various smart contract vulnerabilities. No need to authorize all kinds of messy websites. In addition, the environment for starting new projects is relatively fairer.
Kumi：I think the most outstanding advantage is fair sale. Many novices, project developers, VCs, and bookmakers have the opportunity to compete on the same stage. It allows ordinary investors like us to also gain income. I believe this is the most outstanding advantage.
BTC 520: To sum up, there are three key words: one is placement bonus, one is position bonus, and the other is construction bonus.
Social animal Xiao Chi:I mainly want to share two points. The first point is full circulation. The second is that prices are rising rapidly. Because its unique trading method will make the price increase very spiral, everyone must see the good side and the bad side.
Sun Xin:Its pure on-chain gameplay makes it highly transparent. We no longer have to look at the faces of VCs, institutions, and project developers, nor do we have to worry about inexplicable crashes, unlimited unlocks, loopholes, etc. So its first major feature is that the minting power is in the hands of our retail investors, and the second feature is that the pricing power is also in the hands of our retail investors, or participants.
Purple air comes from the east:The Inscription Track belongs to ordinary retail investors, and everyone has the opportunity to participate. The most original first-level chips are circulated in the hands of all retail investors through Mint. So what he showed was indeed fair. But it also has a disadvantage. It can easily shrink by 70%, 80%, 90%, or even 99% overnight.
Dragon Goose:The most outstanding thing is definitely fairness and security, and its natural mass base is relatively large, because everyone mints coins together, which allows the B2C 20 series to generate a certain mass base in the initial stage.
Moderator: We all know that Bitcoin will be halved in May next year. I would like to ask teachers to predict what kind of state the Bitcoin ecosystem will reach after the halving, and when will it be a suitable time for us ordinary users to participate? ?
Sun Xin:From my understanding, this market will have three layers of buffs. The first BTC halving is probably less than half a year away. The passage of the second buff BTC spot ETF will be a high-probability event and will also become the strongest booster for the next bull market. The third is the prosperity of the Bitcoin ecosystem. So for newcomers, I think they should pay attention to the following aspects before joining the Bitcoin ecosystem:
1. When entering the inscription ecology, conduct comprehensive research and avoid being too FOMO.
2. Learn to manage risks and control risks within your own tolerance.
3. Maintain a learning attitude.
Dragon Goose:When we play BRC 20, we need to control our positions and dare to invest a little. If you identify something you recognize, you have to work hard for the project you recognize. Secondly, we need to invest and lay out proportionately, and we still need to be able to hold it. Again, choose some more recognized communities to study this sector in depth and explore more opportunities.
In addition to the heated discussions and exchanges between the guests, enthusiastic audiences also joined the discussion. The following are the issues that users are most concerned about about the inscription ecology.
Enthusiastic audience:What I bought is the inscription of the Shiba community. I would like to ask what kind of ecology will be behind Shiba?
BTC 520 ：
I have shared information about Shiba inscriptions before. The main direction of the community now is to build infrastructure. As for what kind of actions will follow, it is actually difficult to say. Only after these basic things are done well can we attract many large investors to enter the market. Because many things are uncertain, and I have a relatively peaceful attitude. As long as the infrastructure is built, everything will be fine. Including what you can see, Shiba is building a global consensus community. We can actually do some such things voluntarily and voluntarily to form more consensus.
