Amidst a continued slump in Bitcoin prices and emerging bear market signs, the focus of discussion among key opinion leaders (KOLs) in the Chinese crypto has shifted to internal industry rivalries over the past 24 hours. From business battles between exchanges to skepticism about the industry and analyses of market bottom signals, these topics have sparked heated debate on the X platform.
This article outlines several key hot topics for investors' reference. It should be noted that these discussions are primarily personal opinions and do not constitute investment advice.
Coinbase CEO continues to sell his own stock, causing Coinbase service disruptions.
@Bqlsj2023

@crypto_bitlord7
There's absolutely no reason to keep your money on Coinbase. It could disappear forever at any time. And with the CEO selling $550 million worth of stock, it's clear everyone wants to get out.

@thankUcrypto
Western media outlets have been reporting Binance in a state of confusion and disbelief for months, but withdrawals from Binance have been normal.
Conversely, Coinbase is preventing users from withdrawing funds during this bear market.
The battle between exchanges intensifies: OKX vs Binance, who's taking advantage of the situation?
@dabiaoge
KOLs are also divided into several types.
The first type speaks up for Binance.
The second way is to speak up for Ou Yi.
The third type speaks up for Brother Sun.
And you, my friend.
They really are just gossiping!
Did you notice the KOLs who spoke up for Ou Yi today?
The copywriting is all the same, and the templates are almost identical.
"I just found out after I woke up," and "Let's reminisce about 8 years ago."
So you all sleep together? Is the KOL circle really that chaotic?
You remember the records from back then even better than the people involved, right?
@BTC__Sunny
I've seen some posts these past few days that I find absolutely ridiculous.
Saying you weren't in Hong Kong from the 8th to the 10th means you're not a qualified KOL.
It's said that to become a KOL, you must learn to flatter, flatter CZ, flatter He Yi.
They also said there are three types of KOLs.
The first type speaks up for Binance.
The second way is to speak up for Ou Yi.
The third type speaks up for Brother Sun.
The only ones who can truly satisfy and fulfill you are your fans.
If you have no traffic and no value, sucking up to anyone won't help.

Is the blockchain industry over?
@LumaoDoggie
As regulatory pressure increases and compliance processes accelerate, the entire blockchain industry will decline within five years, leaving only a very small number of protocols and specific scenarios. The overall market capitalization will shrink to less than one-tenth of its current level. The main reasons are twofold: 1. Lack of use cases; 2. Compliance pressure. The second reason is the most fundamental.
@LaoYao_crypto
It's time to separate the crypto from Web3.
The old Deng narrative, which seeks compliance but lacks imagination, belongs to Web3.
For example, BTC, VC coins, and even celebrity coins, etc.
A notable characteristic is their eagerness to bow to the traditional world and take photos with political figures from various countries.
The true crypto will continue to emerge from on-chain entities.
Perhaps it was a sudden inspiration from some genius developer.
Weave a shocking "lie" to make the whole world dance.
The most imaginative ideas always originate from the community.
AI will only accelerate the transformation of more imaginations into reality.
I believe something new is becoming code.
Deployment is nearing completion.
Leave the old-fashioned feel to web3
Leave your enthusiasm for new things to the crypto.
@hongshen6666btc

@BTCdayu
Seeing ByteDance's new model
It crashed Kuaishou's stock price.
There was no marketing, just a sudden surge in popularity.
Meanwhile, exchanges within the industry are arguing.
The project team is emptying the pool.
VC leader leaves the crypto
Every extra 10 minutes you spend researching the crypto, you're wasting 10 minutes.
@colinwu:

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