Regarding the pricing of this cryptocurrency circle, I suddenly came up with the idea of not doing anything on a plane today. Previously, VC and exchanges had pricing power, as they were the rule makers. The previous business of the exchange you saw had VC, which has gradually separated in recent years and provided one-stop services. Their investment valuations are very low, but the online prices are very high. They can decide whatever they want, because at the beginning, there were not many coins available for everyone to buy, and retail investors had to foot the bill. The transparency is very low, and the earliest leeks didn't care about unlocking rules and didn't know about MC fdv、 On chain dynamics, proportion of large holders with open addresses Nowadays, the valuation of these public chain tracks is also based on the first batch released, which is why many of the top 100 old coins in terms of market value are not considered "expensive" and serve as price references. The prices are all compared. Do you think these people are bad? That's not true. Who wouldn't want to earn more money? According to the second law of thermodynamics, in a closed system, entropy only increases and does not decrease. That is to say, the universe has been experiencing entropy increase and chaos since the Big Bang, but chaos also has a boundary state. In the boundary zone between order and chaos, the system is most creative, adaptable, and has the potential for evolution. We have experienced extremely chaotic times and are waiting for the arrival of this boundary state. If you still don't understand what Bitcoin is, I recommend reading two things. Currency Future "and" Nine God Coin Guide "@ KaitoAI