Editors Note: This article comes fromEditors Note: This article comes fromWu Jie Blockchain (ID: bitewu666)
, author: Bit Wu team Mashaka, reprinted with authorization.
If last year was to speculate with closed eyes, then this year everyone opened their eyes wide and gathered together in the secondary market to find coins to speculate. Last years projects blossomed everywhere, as long as it was a coin, people wanted it. This year, everyone seemed too cautious. Time is a magic mirror, and one year is enough for the air coin to show its original shape.
The number of currency speculation popular in the currency circle is a bit like that of stock speculation: the concept of speculation. In a certain period of time, you can speculate on whatever is the most popular, from mainstream coins to ERC20, to fork coins, to the popular node campaign coins, Wenzhou gang entry coins, prediction coins, to last week’s platform coins, After all speculation, the next concept is estimated to be the turn of the mainnet online currency:
TRON: Mainnet launch on May 31
EOS: Mainnet launch on June 1st
Elastos: Public Beta Version of Service Chain before June 30
ADA: Release the system before June 30
AE: Mainnet launch on June 30
ONT: Mainnet launch on June 30
......
This is just a part of the list, and the mainnet will be launched intensively in May and June. The launch of the mainnet is not a new concept, but it will definitely attract a lot of attention. The result of the attention is to trigger discussions, speculations and comparisons. The collective currency holding trend will also affect the market.
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1. Why is the mainnet launch very important?
Coins without a main network are generally issued on Ethereum, relying on Ethereum to transfer funds and execute contracts, and users assets are all on Ethereum.
For example, EOS, the main network has not been completed yet, so you have to issue a token called EOS on Ethereum first, and the EOS assets you bought will be stored in Ethereum. The tokens will be converted into digital currency on the main network for you.
Some people say that the launch of the mainnet is equivalent to completely isolating yourself from the air currency. This is indeed the case. There is no application for the application, and there is indeed no public chain for the public chain. Before everything is settled, everyone is in the air. Bet on the promises of others.
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2. Pros and cons of mainnet launch
Regarding the launch of the mainnet, I believe many people have heard various other sayings:
The launch of the mainnet proves that it is not those air coins that speculate in concepts, and it will definitely rise!
The benefits have been released in advance, and they will definitely be smashed when they are on the mainnet!
The launch of the mainnet is such a big benefit, of course it is going up!
......
It’s best not to buy it. If you find out after the mainnet is online that it’s not as good as you promised, you’ll lose it!
It is normal to have these doubts, because the fact that the mainnet is launched alone has its own advantages and disadvantages.
Before the mainnet went live, Ethereum was responsible for both stability and security, and Ethereum has been proven over the years to have good performance except for being relatively sluggish, and nothing major will happen to it. However, once the mainnet is launched, it is like growing up, leaving the warm embrace of Ethereum, and facing the baptism of the entire market independently, all variables can only be relied on by oneself.
For example, the Lightning Bitcoin LBTC was torn apart because the main network was launched and then suspended due to poor technology (can the blockchain be suspended?).
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3. What happened to the coins launched on the mainnet?
There is a saying: There is nothing new under the sun. When investing, one always hopes to find some enlightenment from history. Here are a few coins that have been launched on the mainnet in the past:
1. NEO (NEO)
Mainnet launch date: October 17, 2016
Price when mainnet goes live: $0.17
Current price (May 21): $63.7
2. Quantum chain (QTUM)
Mainnet launch date: October 5, 2017
Price when mainnet goes live: $11.71
Current price (May 21): $16.8
3. Bytom (BTM)
Mainnet launch date: April 24, 2018
Price when mainnet goes live: $1.16
Current price (May 21): $0.74
4. Kill Matt (SMT)
Mainnet launch date: April 30, 2018
Price when mainnet goes live: $0.11
Current price (May 21): $0.067
From the above, after the launch of the mainnet, the price of the currency has gone up and down. The price has risen along the mainnet launch, and some have been halved within a month because of unqualified technology. Take the earliest Ant, for example, everyone didn’t feel it when it went online, but with the feedback from the operation of the DAPP, the price jumped hundreds of times later.
Therefore, the launch of the mainnet has nothing to do with its future price. A good coin can stand the test of time. While attracting fans, it also makes the entire community ecology alive and drives up the price of the coin. Coins that follow the trend simply cannot Keeping the currency price, technology is disappointing and no amount of marketing will help.
There is a term in psychology called social identity, which means that we are unconsciously influenced by the approval of others. So if everyone is buying one thing, we think its a good thing, and we dont want to be that guy whos left behind. Therefore, some people heard that the mainnet launch can make money, so they bought it frantically, waiting for the day when the mainnet will skyrocket;
On the contrary, those who hold coins with value may respond to the launch of the mainnet:
I think this coin is not ok, and I will never buy it, or I think this coin is ok, and I plan to hold it for two years. I don’t care about the mainnet launch, but it’s just a milestone.So, after talking so much, let’s go back to holding value coins,
