It is undeniable that the current blockchain has indeed been cold, but it is a bit arbitrary to assume that the industry has entered a period of rational development just because the major WeChat groups and the media are no longer following up, and there is no discussion. You know, in the eyes of many people, the blockchain is just a concept used to disguise tokens.
The blockchain has no killer applications and no unicorn companies, which has led to weak public opinion discussions and has not been able to expand further. However, as the token closest to money, it is still a word that can make participants excited.
If we go deeper, in fact, policy may be the key to the coldness of the blockchain. Before and after the two sessions, most of the projects that rely on the concept of issuing coins almost disappeared. However, with the going out of the exchange, the soil for the survival of the token still exists, which is better than private placement. The issue price that is twice as high is the huge profit that most investors pursue, and it is not within their consideration whether to break or not. As long as the relationship with the project team is strong enough to know when they harvest, at least five or six times the income will be obtained. Already in the hand.
In such a lucrative market environment, can the industry really calm down? The so-called cold may be the sequelae left by the tightening of policies and the collapse of most air coins.
For real reason, perhaps we should look at the foreign exchange industry. After the Swiss franc black swan incident, the industry was impetuous, and many foreign exchange giants were affected. The US market giant FXCM once withdrew from the United States, and many large foreign exchange companies on the other side of the ocean were also affected and entered Asia. In the market, only veteran foreign exchange traders such as Juhui ggfx and Jiasheng can survive, relying on their excellent quality and endurance
. Nowadays, many people involved in blockchain and ICO are talking about vision and belief, and some of people are talking about more pragmatic benefits, but almost all participants believe that once the Internet has been missed, and the real estate has been missed, the blockchain cannot be missed this time. Perhaps, when the participants change this obsession from the heart, it is the moment when the blockchain is truly rational.