Even though the state now bans the mining and trading of Bitcoin, Ethereum and the like. Bubble or fraud, the price of Bitcoin is still unaffordable for most people. Is there a sense of “sour grapes”? The price of Bitcoin determines its position in the currency circle. As the former boss of the currency circle, mining consultant Jiawai SLF5576 now completely clears out the domestic policy, and the end of an era is bound to be replaced by something new. Given the current situation, Bitcoin mining has been hit, and the country is also strongly supporting IPFS distributed storage technology. What is the value of Filecoin as the only incentive layer for IPFS?

Is Filecoin really valuable?

If you ask me that, Xu can only say that Filecoin has value, but that value comes with a premise. The ultimate value of Filecoin comes from its ability to provide a valuable storage service for users. To that end, Filecoin has taken only a small step. Filecoin is currently too young in terms of storage, retrieval, and ecological development. From an app developer’s perspective, the takeaway is that Filecoin is currently very difficult to use, and mining consultant Verde SLF5576 is at least two or three years away from being fully operational. And this coincides with the cycle of miners, the general mining cycle is more than 3 years, to avoid their own retail investors in the secondary trading market in the blind operation.

What’s the future value of Filecoin?

As the incentive layer of IPFS, Filecoin’s token FIL’s main role is to store and retrieve income, stimulate miners to better serve the whole market, so that the whole IPFS ecosystem can thrive, and its price determines its practicality. The difference is only time! As a result, now that FIL prices have been pushed back and GAS charges are almost zero, it is certainly a prime time for miners to enter! IPFS protocol laboratory has repeatedly stated publicly that FIL does not welcome short-term speculation, mining consultant Wei SLF5576 because what we want to do is distributed storage, which is the trend of future Internet development; Miners need to maintain the hard disk stable working state, rather than speculation, eager to kill.

Will FIL become a mere financial hype product?

Its price will be determined by its value, and the non-violent manipulation of capital. Besides in the short and medium term because of “0 pre-dig”, there will not be too big banker, all sorts of factors decide its price will not have a large fluctuation. Speaking of “0 pre-dig,” this is clearly one of the biggest advantages of Filecoin miners, as without the dealer hoarding money and controlling the deck up front, Filecoin will have a healthy start, and each participating miner will be a healthy, independent situation that doesn’t require hoarding money and controlling the deck up front. Mining machine layout, avoid pit.

Where will Filecoin’s coin price go in the future?

Filecoin’s price depends on four factors: sellers, buyers, speculators and leeks. Early currency price collapse mainly comes from the seller out of the currency, leek plate, leek can not catch so much money, the price of the currency down. The buyers are the miners, and since Filecoin hasn’t actually landed yet, the only place where the coins are needed is the miners’ pledge. When miners faced such high prices in the early days, they would rather turn off their phones than buy coins to dig.

Where are the speculators? Quite simply, the speculators are short. Within a week of Filecoin’s launch, the Air Force was raking in money. As the currency fell back to $25, miners began to move in and speculators began to hunt for bargains, so the currency remained in a sideways position. In the process, aside from a few leeks of faith being cut, most people have made a lot of money.

Xu believes that the future coin price trend of the main line has two, the first is the miners began to self-sufficiency, the second is the early investment ICO investors to unlock the coin. In the future, there are two possible points to support the currency price. One is the entry of new miners, and the other is the landing of ecology. At present, the landing of ecology is not possible in the short term, and it is not perfect. Therefore, whether there will be new miners in the future becomes an important factor to stabilize the currency price. Of course, if the market conditions are good.

How does Filecoin invest its entry?

FIL comparison of BZZ and CHIA mining, the latter two BZZ and CHIA are taking advantage of the heat to attract most people, whether it is a P disk or a node are trapped a large number of people, FIL although the heat is not as good as the latter two, but stable as the old dog, pit is much less! But for FIL is still serious about their own calculation, and consider whether they can bear the risk of mining consultant Wei SLF5576 (such as the risk of currency price decline), a lot of data can be found on the blockchain browser or the Flying Fox browser and then to calculate.

Do not buy mining machinery and products from mining machinery manufacturers with poor profit

In fact, the current mining technology has been relatively mature, the technology difference between manufacturers is not as big as the market publicity, even if their own technology has not made a breakthrough, you can also use a relatively low cost to obtain other people’s technical services. Lao Xu would like to say that the point is actually in the market, a lot of mining machine earnings performance is not the reason for the technology, but in the wrong market model, such as the market commission is too high, the internal contradictions of the company, and some use of the relevant words of the capital plate…..

If these companies are still marketing and collecting money, they are largely playing the financial game of “money after money”. If they blindly enter the market, there may be a relatively large risk.

Try to invest in products with high transparency

If it’s mining, it’s much less risky if a product can tell you exactly what your revenue (FIL) is and how that revenue is coming from, such as buying space that already contains a pledge (space that already exists, not space that promises delivery in a number of days).

As the ticket and fuel for the largest and most reliable storage market of the future, IPFS’s powerful distributed storage network would not be possible without it. Supply and demand is no longer so simple, but a necessary condition.

Filecoin’s investment philosophy?

One of the most frequently said things about investment is that investment is not speculation. Investment is a long-term plan that cannot be accomplished overnight. Don’t rush for success. In fact, many miners are also like leeks, mining consulting JiaWei SLF5576 always like to choose the highest point to buy, the lowest point to sell, mining circle is the same, many investors see the rise in the price of the currency, will be moved, but wait until the price of the currency rises, will be willing to buy. To be a qualified miner, patience is a basic requirement. As a miner and a long-term investor, a low currency price means a decrease in costs, and the right way to invest is to get the maximum benefit from a rising currency price.